Mr Cooper Group Inc (COOP)

[WithCatz]

subflyer8 -- kinda think of it like this.

There's a bunch of claims. (we'll call that the claim pot)

Then there's the "big" claim by the H (PIERS/WAHUQs)

Equity (former WAMUQ/P/K) holders need all the above to be taken care of.

"General" claims (the claim pot) -- still need to be 'proved' to the court, or - as we are seeing - dismissed by the court.

That reduces the amount owed.

Then ultimately, the PIERS get paid.

Then monies flow further down the chain.

Then reaches the former Equity holders. Via their 'escrow' tracking shares.

{None of this relates to WMIH shares -- separate company, brand new}

....Catz