Mr Cooper Group Inc (COOP)

[ReikoBlack]

There is a specific reason why the Preferred and Common prospectus were voided - the Absolute Priority Rule . On any possible recovery, in order for both classes (Class 19; Preferred and Class 22; Common) to receive one, simultaneously (75%/25%), the Absolute Priority Rule needed to be abandoned. Both classes agreed to this stipulation.

many on this message board have a reading comprehension problem.... what is it that you do not understand, IN PLAIN ENGLISH, "common and preferred shares are cancelled , and all rights to prospectus are null and void"?.......do you think WMI was joking when they made this declaration in an official SEC document? what makes you think that you have rights to your old WAMU assets when the company says you don't.... please state your reason that you believe WMI was wrong in cancelling your prior values in WAMU?.....