Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Yes, This Is Correct' and Stated Quite Nicely ~

EC got hold of the plan and put class 19/22 in the same position in POR 7 and got access to the residual.
It’s all about the ‘residual’

rosssssie' kept screwing up and ended up losing his position at weil' ... duh' ...

the first time was his attempt to include the functioning subs' in the Washington Mutual Inc.'s Holding Company's BK, early in 2008' ... Denied by Judge Mary' (Goldstein took a powder)

the second time was his inability to STOP' Sussman' ... Judge Mary again ...

the third time was when he' tried to segregate the participants in the hybrid' class, to only include an elite group of chosen' ... ultimately questioned by the Property Trustee' ? ... and Judge Mary agreed with the property / indentured trustee ...

Plan 7' was implemented' 03/19/2012 ... KKR came on board 2014', ... and Gallagher as the WMIH CEO' .. took action in "Early" 2018' ...

all that WMIH needed, was a servicing mechanism' ... enter NationStar and its subs', acquired in July 2018 with KKR's assistance' ...

(Not an opinion, ... All Of This Happened')

just sayin :)

AZ