Replies to post #535932 on Mr Cooper Group Inc fka COOP

[ron_66271]

The Cayman TPS and P's are Associated,

with preforming ABS Trusts. The K's are a secondary offering.

Again, The Trusts are still performing, and have had new Mortgage, or Leases put-backs into the Trusts this year increasing the longevity of the Trusts, and the Trusts were over-funded. Therefore, why 20% of "Face"?

Because the Trusts are still performing, IMO WMIH needs to issue new Preferred shares to TPS and P escrow holders to realign preferred holders with their ABS Trusts.

The recognition of the WMI/WMIIC ABS Trusts by WMIH/NSM is coming soon now that all Creditors have been addressed.

For the FDIC to receive Releases from Class 17 the WMB EURO Notes need Save Harbor removed. All ABS Trusts are freed from SH together which includes Cayman TPS and the WMI held to Commons.

The FDIC needs to pay WMI "the Final Payment" for "WMB and it's assets" to close the GSA to receive releases from all Escrow Holders.


HLCE,
Ron