Replies to post #482626 on Mr Cooper Group Inc (COOP)

[ReikoBlack]

I betcha only 4% of those who post on this board really understand this.

Poportionaly!

The DB allowed claim won't be deminished or treated as an inferior claim, it will be treated proportionally!

The claims are higher than the money available so the payments will be less than the claims but the DB claim will be made proportionally with the other claims. Simple Do You Agree?

[RajuSondh1]

Why DB would agree to a deal when there is NOT enough money to pay their share..as some are claiming to be. There has to be more money..

[newflow]

The claims are higher than the money available

Read the foot note of the balance sheet FDIC posted long ago in 2008,still the same balance sheet exists on the website.

Read the foot note.

That is the publicly available cash at receivership.

There is one or more accounts at FBRNY FDIC maintains for Washington Mutual

That money is never counted in this whole balance sheet.

They already reduced the claim from 6b to 3B and now again will get reduced even after a settlement?.