Mr Cooper Group Inc (COOP)

[marayatano]

IMO, it was a combination of TPS receiving a seat on the trust advisory board, an allowed general claim, attorney expenses (and fees?), etc. Also, during their negotiations with debtors re: objection to the plan, I am sure they received "inside information" (upon signature of non-disclosure) that was convincing and rescinded their non-acceptance vote of the plan.

TPS has a LOT third parties they want to go after. The list of possible defendants were obtained from the Wamu Senate hearings.

I don't believe that TPS would huff and puff for "just 5%" extra.

I am just surprised they didn't go for the entire liquidation trust. They had good standing.

imo