Rocket Companies Inc (RKT)

[ron_66271]

Why Not Tomorrow?

Preferred Funding Accumulation is now 3.34X FV.
1/40 may go to Series K (0.0835) of 3.35 PF accumulation.

It’s all about Property Rights.

3.26X FV to Series R as a minimum.


Now Retained Earnings;
$20.78B for 17 years at FJR of 1.95%.

$27.7 Billion, 75/25.

For Series R; 2.77+3.26 =6.03X FV.


RE; Class 22; $27.7 *.25 /1.215=$5.70.
Just from RE.

Class 22 owns the FDIC Receivership Claims and other WMI Assets.it’s all about Property Rights.


JPM lost the Dual Track.
The FDIC has told us the numbers.
$299 Billion for “WMB and its Assets” and 41.6 Release.
Plus back interest.

The story hasn’t changed.


Ron