Mr Cooper Group Inc (COOP)

[WithCatz]

Roach, when you say "for all WAMU flavors" in your account -- I assume you are meaning escrow tracking CUSIPs. While the 'share count' may be the same as your former WAMU shares, and they may be divided the same way (Q/P/Ks) -- it is a critical distinction to understand that upon BK exit -- 100% of the Q/P/K shares were cancelled -- and _replaced_ with an equal number of 'tracking CUSIPs' -- which are not shares.

And therefore, will never have a value. Any value you see to them, is erroneous -- guaranteed.

They are there to track the accounts/persons due any 'cash' that may come from the LTI Trust -- along the 75/25% split defined between former preferreds and former commons -- and that distribution -- will never change the 'value' of those 'tracking CUSIPs' from zero. It will be in cash.

It's an important, legal distinction to recognize the above.

...Catz