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Re: None

Thursday, 05/23/2024 10:22:38 AM

Thursday, May 23, 2024 10:22:38 AM

Post# of 729857
~ Why THIS (nationstar group) now "COOP" 2018 Acquisition' Was Necessary, In Its Own Words ... "Mr. Cooper Group Inc is a home loan servicer" ~

... Step # 1, COOP's "Share Buy Back Program" Was Designed to correct the WMI Holding Companys Reorganization ... and financially acknowledge the Original Reorganized WMI Holding Company, and ALL of those people that Properly Released "Registered Shares" ... (WMI Commons) to Participate in the Federal Courts Approved Plan' ...

Fixed Income WMI Preferred "Bonds" are a totally separate consideration ...

=================

Documented From The SEC,

"the Company managed loans for $369 billion in 2007, including on-balance sheet loans and loans securitized"

"Nonaccrual loans totaling $13.3 billion"

"Charge-offs of $3.9 billion"

These SEC documented informational releases are separated from the SEC Reported $20billion in the Euro Note Program ... of which WMI maintained $7.4billion in Bond Ownership ... NOT Reported in the BK Chapter 11 Filing plus other assets ...

"Globic" settled at an 11.9% loss ration' ...

=================

it's all good ... just ... ~ Watch Your Six ~ ... is all ... and most importantly, ... know this,

there's always' been these' ...

"don't waste any time on the MANY', negative' ad-hoc groups, and especially' the "angry" (36 thousand' plus (36,160') FOS', research credit taker' ... (s)'


"it was "bopfn" that said, we didn't need any equity committee, or any representation', and then later on, to follow the voting package insert, which recommended everyone vote against the plan ... 2/3 rds of the commons were needed to approve' ... magical how that actually happened' by a smidge' LOL'"



"Abba Da Ayy"

just sayin'

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