Replies to post #557662 on Mr Cooper Group Inc fka COOP

[jerrylev]

Nice letter.

This is exactly a complaint that nobody can receive additional escrow markers after 2012.

[jerrylev]

I reread the letter and whoever wrote it did a good job. He requested a discovery within 10 days and so the court and UST are obliged to reply.

According to him, class 19 (P and K) lost 1% of any recovery because of more shares for the underwriters. Common is not affected because the underwriters were assigned to class 19 only.

So if my recovery is 1M, I will lose 10K to the underwriters. If my recovery is 100K then I will lose 1K.

His other concern is that any interest income from legacy WAMU assets may be diverted by the corrupted Kosturos to TPS.

[garyhalvo]

Nice letter, but next that you should refer commons as U’s, not Q’s.

[jerrylev]

Before you guys write to the UST and court to ask about the underwriters, why don't you find out what happened to this letter? Did the writer get any reply from the UST?