Replies to post #588643 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ ADDED If Anyone’s Interested ?, The “HY” Series Were Hybrid Option Arms ~

The one Cura Refers To is;

5/1, 7/1, 10/1 Hybrid, Adjustable Rate Residential Loans

This one has a maturity date of October, 2036 and beyond depending on the series ...

AZ

[hotmeat]

I must admit that you've made a very interesting point, re the WMI Notes that were paid in full using WMI cash; ie, the $4B deposit and the Tax refunds.

""IF"" these WMI Bonds were indeed secured (not sure) by Trust assets, the question is whether payments were made directly to the investors or made to WMI who then redistributed them to the Noteholders.

Not sure how it would work if the WMI Bondholders received payments directly from the Trustees, but if the payments were made to WMI who then redistributed it to investors, that would be very interesting IMO!!!