Mr Cooper Group Inc (COOP)

[ron_66271]

NO Bob! “Unjust Enrichment”.

Due to the Equity Community representing Class 22 choosing to set aside $20.77 Billion in a DCR to be split 75/25%.
Your $1,000 Series R per share claim is at ~2.5X, ~$2,500. That’s your gripe?

TPS $4 Billion claim is rewarded ~$10 billion.

Class19’s claim is satisfied with the money in the DCR safely held in Treasury Notes. Class 19’s claim is satisfied, but not paid yet. (Yes I don’t like it either because I hold P’s also.)
That’s why APR was removed.
With APR removal, class 22 as able to participate in receiving WMIH shares.

It’s all about Property Rights. Class 22 Owns The Debtor’s Estate. WMB payment goes to Class 22, and all other distributions. Only the DCR is distributed 75/25%.
UW Plan 6 claim was in Class 20 just like the other Series R and Series K claims, and not in class 19. Plan 7 moved P and K into Class 19 with TPS. The Plan 6 Stipulation needed to reflect changes made to Plan 7. There was no issue.
Alice was a tool for JPM to buy time. Two wasted years!
Her arguments were baseless and fictitious.

Bob; quit being greedy!!!
Your Class 19 claim is over compensated.
Be thankful!


Ron