Mr Cooper Group Inc fka COOP

[Donotunderstand]

re WMI

in letters to FDIC and others - the position of WMB WMI whatever was the needed write down from face value was 17B and that WMI would not incur all of that as a cash need in year one and could handle it over the expected "call periods" and that WMI had the ability if needed to reach a bunch of cash

(we know those to be those funny trusts JPM won as well but WMI thought they would get as CASH and issue out paper to pay on over the years)