Replies to post #549702 on Mr Cooper Group Inc (COOP)

[hotmeat]

In other words you believe the common shares of WMCT, meaning any remaining asset value wholly owned by WMI was transferred to WMIH (COOP)...correct?

If yes, why would the LT retain the Piers Creditor debt which was backed by WMCT's assets and allow WMIH to receive those assets free and clear. That makes no sense IMO.