Replies to post #506034 on Mr Cooper Group Inc (COOP)

[BBANBOB]

I may address this as well later, COOKING GUMBO right now and priorities take their place in line.

I will show where PREFERDS can end up with the WHOLE BALL OF wax if IF IF you will, and it's pretty simple stupid , unless I am the one that is TUPID!!!!!!

[ron_66271]

The Original Debtor's Estate is;

All the accumulated and continuing Monthly Distribution of Funds participated in by WMIIC from the ABS Trusts all goes to Released Common holders 'other than' the part of the Preferred Funding Trusts which is property to Preferred shares holders Claim.

All of "the Final Payment" all goes to Released Common holders.

I own both ! :)

Prefer share is cap??...

CAP is the wrong term.

Preferred shares Claim is to their property.

Their property is the Preferred Funding Trusts, and 75% of the Re-distributions from WMILT.

WMILT Re-distributions [IMO]
$30B from $21B plus interest for the 363 Sale currently held in US Treasure Notes.
$$ Proceeds for 365 Sale.
$$ Proceeds from Court Registry Accounts.
$$

Preferred shares Claim is not for The Original Debtor's Estate, which belongs to Released Common holders.