Mr Cooper Group Inc (COOP)

[iPrelude]

Thanks for sharing LG,

the 75% 25% is part of the WMI Liquidating Trust agreement... its scope?, I don't know



WMI Liquidating Trust Agreement, dated as of March 6, 2012, by and among Washington Mutual, Inc., WMI Investment Corp., William C. Kosturos and CSC Trust Company of Delaware, as amended.


(11)
Holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full. Further, distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.


https://www.sec.gov/Archives/edgar/data/933136/000090951812000291/mm08-1512_8ka1e102.htm