Replies to post #581462 on Mr Cooper Group Inc (COOP)

[hotmeat]

There's one thing you can be 100% sure of....Equity will not see one cent before the outstanding Class 18 claims are paid and dismissed, and all other claims against the WMILT are settled.

If not we could see a spate of new court challenges being brought by parties higher in priority to Equity.

[AZCowboy]

~ Onward2, I' Can't Be Sure "When" The "Debentures" Accumulated Interest Yield Will Be Released ~

... Only That IT WILL BE' ... Those Cap Trust returns are listed (ii), as a future tense "variable claim" because of their continuing interest earnings at .05375, and the impossibity of being able to specifically predict the amount of their return or predict the amount of time needed' to complete their purposely "blocked and delayed" litigation process' to a specific future point in time ...

Remember, regarding this Washington Mutual Capital Trust issue, ... there are currently TWO' property trustees' ... and the producing "Debentures" themselves, remain intact and will produce until 2041' ... "stockholders" are the releasing wamuq' class 22' ... Preferred Funding Trust III are class 19 ... "class specific apples and oranges"

ALL of the WMI preferreds converted to a consistent, $1,000.00 base increment consideration at the ... "Exchange Event" ...

Providian was also listed as a future tense considered variable (i) ...

... anyone that continues to believe that they will be issued a LTI from the WMI-LT, or that there is some magical WMI-LT bucket of all that was WaMu to be distributed at 75/25 ?, truly needs their head examined' ...

AZ