Replies to post #519590 on Mr Cooper Group Inc (COOP)

[Large Green]

BBANBOB, I believe this will end up be very close to correct. I feel the tax attributes are key and WMIH is not going to do anything to jeopardize them. I also believe putting the original investors back to their original positions they held when releases were signed before the deadline to exchange which was around 3/2012.

So, WMIH has 3.5 billion common shares authorized and ten million preferred shares authorized. WMIH will put the Escrow ShareMarker back to their original position. So 1.2 billion common released, WMIH issues NewCo/WMIH common shares to these investors and WMIH will also put preferred back to their original position as well. My guess is WMIH issues new preferred with say a 10% per interest rate annually, the option to exchange into WMIH common when WMIH common reaches say $10.00 a share.

This means everybody is put back to their original position with no harm, no foul and WMIH continues to grow massively into a larger corporation than ever before. I also believe WMIH will be doing business with Fanny and Freddy due to WMIH becoming a Government favored entity in which to do business with unlike prior to seizure.