Mr Cooper Group Inc (COOP)

[ptolomeo]

POR = Plan Or Reorganization.

POR 6 -> leaves Equity out in the cold, getting ZERO.

POR 7 -> gives Equity control of emerging company WMMRC, with unknown value but billions $ in NOLs. How much of this company? Unknown. Do we have to grant releases to JPM & FDIC? Unknown

POR 7 is better, but we cannot tell how much better deal it is until we know the facts.

For more information, take a look at the iBox.