Mr Cooper Group Inc (COOP)

[ron_66271]

I Haven’t Seen a Document,

or Presentation posted to Make Me Change my view.

• 75/25% is limited to the Retained Earnings held in Treasury Notes now worth ~$25 Billion.

• Focus on Property Rights!
BK law is all about Property Rights and Contracts.

• You don’t get other peoples stuff.

Class 22 has no right to Series R Preferred Funding performance accumulation distributions. Not Class 22’s properly!

The same is true, Class 19 has no right to Class 22’s property because Class 22 has proven to the Court that Class 19’s claim is satisfied with the Retained Earnings.

75/25% ruling can not be based on future speculation on WMIH/COOP stock price, or the speculation of future litigation settlements.

• The money needed to be secured by Class 22 in a safe place to satisfy Class 19’s claims and Class 22 did!

COOP PPS needs to exceed $600 for Series R to see one face.

The money was set aside in Treasury Notes as stated by BR, that became designated as Retained Earnings in the February MOR.



Yes I have done my homework,
Ron

PS
WMB is another topic to be addressed.
The numbers haven’t changed. Now add time and interest.