Replies to post #539196 on Mr Cooper Group Inc (COOP)

[Dmdmd2020]

K-1,

Thanks for the kind words, and I'd like to thank all the posters throughout the world that have contributed to all the message boards since the inception of this WAMU saga.

IMO...if you believe in the 75/25 split:

My calculations for WMI Common Escrow Holders:

At 10% participations of ABS Trusts ($1.33 trillion):

$1.33 trillion x 10% participation = $133 billion


$133 billion x 95% liquidation rate of all ABS Trusts = $126 billion cash

$126 billion cash x 25% (Common Escrow split) = $31.58 billion cash

$31.58 billion cash / 1.2 billion Common Escrow Shares = $26.32 per share