Replies to post #504956 on Mr Cooper Group Inc (COOP)

[ron_66271]

It's NOT WMIIC's Cash

The ABS Trust Participation Revenue stream belongs to "the Original Debtor's Estate".

Tranche 6, Distribution depending on the Trusts Prospectus.

If they did it doesn't belong to WMIH. They clearly stated that WMIIC had no cash or assets in the PR.

WMIH only gets the "Equity Interest" to use as collateral.

[DRgreek]

Because it was liquidated.....and belongs to the original owners, Escrow marker holders. Why else would they keep an entity active for so many years, they could have dissolved a long time ago but did not. They have played this shell game and now it’s time to reveal what’s under the last shell. Again, they could not have guaranteed anything as a guarantor unless they had assets!