Mr Cooper Group Inc (COOP)

[Nightdaytrader]

WaMuClosingBook. txt Division of Resolutions and Receiverships

Thanks to Vitellom (on other Message Board) for reminding me about this version of 112 page P&A. Notice below, where it talks about 5 different types of alternative transactions. Preferred stock is not included in any of them.. An oldie but a goodie.

ND9

******************

WaMuClosingBook. txt
Division of Resolutions and Receiverships
Institution Numer: 10015
Insti tution Location: Henderson, NV
?N~J
Ie C~)
~())
~(~)
Washington Mutual Bank
Closing Book
Date of Closing: September 25, 2008
Confidential Information Confidential Information
Transaction Recap
Washington Mutual Bank
Henderson, NV
In all the transactions offered by the FDIC, the Whole Bank Purchase and Assumption
Agreement
will be tailored to the winning bid. In all transactions, all assets are purchased
by the acquirer and
the preferred stock is excluded from the transaction. The legal documents will be
the governing
documents for this transaction.
The FDIC is offering five alternative transaction structures:
1. All liabilities are assumed except the preferred stock.
2. All liabilities are assumed, except the preferred stock and the subordinated
debt.
3. All liabilities are assumed except the preferred stock, the subordinated debt and
the senior
debt.
4. All deposits and secured liabilities are assumed by the acquirer.
5. All insured deposits and secured liabilities are assumed.
The bid for alternatives 1, 2, or 3 must be at least the FDIC's administrative costs
of the closing
equal to $ (amount to be provided) .