Replies to post #502876 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ LP, Yes I Also Found This Extremely Interesting ~

Yes, I actually traced this back to the original WaMu Capital Corp., ... (The WMI’ (WaMu) Registered Dealer Broker that sold on the secondary), ... WaMu Capital Corp., was no long needed due to WMI’s diminishing “Capital / Cash”, and subsequently WaMu Capital Corp., closed up shop back in 2006’ ...

So, I considered Trust monthly production, Then and Now’, ... then, the original, “Cash”, and reverse engineered the process, taking into consideration a number of present tense issues.

“Globic”, now being Settled, ... The Deutsche Bank 12/11/2017’ Letter, (Trust distributions beginning in Jan 2018), ... the “Embedded Derivative Function”, with in the Jan 2015’ credit facility, ... the new Jan 2018’ credit facilities payment amendments’, associated with common shares in lieu of a cash coupon, ... and again, the reverse engineering of the Trust production of monthly distributions, calculated out (monthly) to latter 2019’, ...

As the price per share of WMIH-Corp, moves up, associated with Trust produced monthly “Cash” returns, ... enhancing the value of the new company, on a monthly basis’ ...

AZ

[hotmeat]

So how exactly does this work??? WMIH pps rises based on the Trust interests and investors who never released like KKR etc or became involved only recently get to benefit from legacy assets??? That theory being posited makes no sense at all.