Mr Cooper Group Inc (COOP)

[johnlconfer]

Key may I suggest you reread AZs recent posts and XOOMs interpretation! Keeping in mind that WMI was a non banking holding company! All the the non banking subsidiaries were excluded from from the bankruptcy by the judge! Confirmed by the FDIC and valued at $40Billion in assets(2008 Book Value). And all the MBSs(Trusts) and their bankruptcy clauses were confirmed by the DC Circuit court. Those trust payments are for WM commons shareholders mostly and preferred shareholders in the Preferred Managing Subsidiary. 15 years of dividends and interest income! Also we should thank Lodas for the big party he is going to throw in Malibu CA when we get paid!

Semper Fi