Replies to post #438138 on Mr Cooper Group Inc (COOP)

[Donotunderstand]

yes WMIH is NEWCO

which is the successor to the original company

the LT is for the DEBTORS and in this case given that equity bounced out a debtor for the full residual - the LT represents us as the residual - the last and all the remains

Successor company is not the same as a company that gets the remaining assets of the prior company . Normally they go to a LT trust and the NEWCO (WMIH) gets identified pieces

So what you wrote supports the LT getting any and all remaining parts and assets etc of Wash Mutual original