Mr Cooper Group Inc (COOP)

[lodas]

Large Green.....there is a misconception about the term change in control that gives old shareholders the estate....such is not the case for the following reason......a change in control is more about the use of the Tax Nols granted to WMIH in connection with the settlement of the GSA, whereby, a change in 5% of the shares in WMIH would cause the IRS to deny WMIH the benefits of the use of the NOLS.... why?... anyone with a large tax obligation to the IRS could buy ownership of WMIH and use the tax benefit illegally to circumvent his taxes owed to the IRS...so, although there is an ownership change in the company through 5% of the O/S does not imply shareholders "own the estate through a chapter 11 restructuring".......Lodas