Replies to post #535042 on Mr Cooper Group Inc (COOP)

[hotmeat]

That post should have read "former Series B and NSM holders who were issued 700-800M shares total now owns ~80% of WMIH". I can't see how Fortress would only own 5% seeing that they were the largest holder of NSM shares and post merger received 36% of WMIH. Didn't they exercise their maximum rights for conversion of NSM shares??? This would have left them with 22%-24.5% ownership of WMIH according to my calculations.