Mr Cooper Group Inc (COOP)

[ron_66271]

TOTALLY WRONG BBob.

Only the Court removed APR. Only the Court can remove APR, and after the Equity Community created the protected account to satisfy other Classes. And did!

The TPS. Didn’t negotiate anything with the Equity Community. The Equity Community made TPS the offer of 70% of the Retained Earnings, with the caveat of 75% if TPS would agree to Plan 7.
TPS did.

The TPS in Plan 6 wanted their $4 Billion from the Exchange Event, and not to be involved with the other Preferred Class 20.
Judge ruled that the Exchange Event happened; and TPS was coveted to Preferred ‘; therefore all Preferred’s will be equal and in the same class, (19) in Plan 7.
That happened!


Read Documents, and less of the MB.
Plus; you didn’t answer my question.
Hint; WMIIC?


Please post the link to the Equity Community Presentation,
Ron