Mr Cooper Group Inc fka COOP

[ron_66271]

75/25% Only Pertains to Retained Earnings.

The 363 Sales was the main discussion on the table during Plan 6 conformation hearings. Then because Plan 7 was only about paying Creditors.
All Paid!!

Retained Earnings from the 363 Sales assets is about paying Class 19 from $20.7 Billion as stated, 75/25%.
Therefore the Court could remove APR and allow Class 19 and Class 22 to participate in the reorganization of WMI.

But the Retained Earnings from the 363 Sales to JPM passed through the February MOR to prove the Court that Class 22 is resolving Class 19’s claims with a big bonus.

The Retained Earnings of the February MOR are not listed in the far right column for Plan 7 Creditors. Only in a middle column DCR.

From the Retained Earnings alone Class 19 is ~2.5X.

Think; Property/Contract Rights.

You don’t get other people stuff.



Ron