Replies to post #398493 on Mr Cooper Group Inc (COOP)

[WithCatz]

LG -- I understand more of your 'opinion'. But still have questions - you wrote

To make up the difference in the three to four dollars [PIERS] may receive with the May 01, 2014 distribution, [PIERS] may get bits and pieces over a very long time period but again that will not be on May 01, 2014.

One could interpret earlier posts by you and/or AZ that former equity would/could also receive monies prior to PIERS being paid in full - "over a very long time period" (if necessary)

Simply asked -- is that what you believe/state?

...Catz

[carguy64]

LG, i don't have a clue on how the tranche thing will play out, but it wouldn't make much since to me the way they handled the h's that got paid that wore owed under $500 dollars to save on admin. fee's. i would think they would wait to pay when there was enough money to pay in full or maybe your theory of closing tranche 4 after may payment, i have know clue. just thinking if admin. fee's are that expensive to handle that they would not be paying out small bits and pieces down the road as money comes in, but who knows. glta carguy64

[Donotunderstand]

LG

You can not stand by your word?

You said May 1 payments close tranch four

Now you say something different

I know the case can change over 4 years but you do not get the expectation by readerst that you speak honestly if you change your words - within 48 hours

You said May i paymenst close tranch four

We will see what the communication says

I will even yield a bit

We both know that May 1 payment will not reach 10.50

So - lets see what the communication that comes with the checks and or "notes"

If such paper says Tranch four will close before 10.52 is paid you win

If such paper says Tranch four is open until its paid - you lose

(Now if the communitcation says tranch four will get 5 bucks in NOL on May 1 and 7 bucks in cash on Sept 1 - then that is paying tranch four IN FULL AND YOU LOSE)