Replies to post #480850 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Thanks AZ, This reflects I believe is just the pool of $$$, distribution TBD, The reason I invested was of that there was a know value of existing assets of Approx 100 bil IMO

[seamus3500]

so we would only get back the cash returns produced since 2008??

tia az, always appreciate your dd/posts

[BBANBOB]

" A WMI Class Releasing Common Share Holder, (uq) ... CAN NOT' Actually Own, what Washington Mutual, Inc. (the parent corp') ... wasn't actually able to Own' ."

Thank you so they as well could not OWN all or have right to ALL that is coming back POST POR7 when they have specifically spelled out in an 8K both preferds and commons AS EQUITY!!!!!!!!!!!!! Why some many months AFTER everything did they put out an 8K spelling this out????????????? OR reaffirming this??????????

But both are the last link in the CHAIN of title,so they split it

whatever the court altered or changed that was before but it ended up , in the LAST POR is what it is as this is pretty much contractual law..........
I can say anything in a contract agree to giving one the world and a billion $$$$$$$$$$$,but if the final sentence I say that any and all compensation covered by this contract is to be a maximum of 2$ and no other considerations.....................

GUESS what ,it's 2 bucks Chuck

IMHO the Judge had an idea there was money left over ,but NO IDEA as to how much so just to make sure everything was on the up and up here after the tranches ABOVE us are taken care of ,we WE P K Q's became the last link in the title chain via our markers escrows or whatever ya care to call em and DISPERSED under the CONDITIONS of the LAST and FINAL POR 7 and the matrix presented