Replies to post #562807 on Mr Cooper Group Inc (COOP)

[hotmeat]

Quote: "After paying JPMC in full, the Receiver made an interim dividend distribution on September 26, 2017, on all approved senior unsecured claims of the receivership, including the claims of DBNTC, general trade creditors, and the WAMU senior bondholders."



The Covered Bonds and the WMB Noteholders are NOT the same bonds. The Covered Bonds were supported by actual assets while the WMB Notes, which you supposedly hold, are UNSECURED, ie no backing assets. Yet more fake DD!!!

[distrojunky]

AZ,

Thanks for the details.

Do you agree though that WMILT remaining Classes are irrelevant as far as Washington Mutual Capital Trust 2001 dividends payments to the investors? Seems clear the judge did.

TIA, distro.





Interest Rate: 5.375%
Principal: $10,000,000,000
Year Interest Balance
1 $537,500,000 $10,537,500,000
2 $566,390,625 $11,103,890,625
3 $596,834,121 $11,700,724,746
4 $628,913,955 $12,329,638,701
5 $662,718,080 $12,992,356,781
6 $698,339,177 $13,690,695,958
7 $735,874,908 $14,426,570,866
8 $775,428,184 $15,201,999,050
9 $817,107,449 $16,019,106,499
10 $861,026,974 $16,880,133,473