Hi Xoom! imo, former WMI now WMIH (owns Mr cooper, trades as COOP) cash/assets outside chapter 11 are far greater than everything that is in the Mr Cooper box we/WMIH bought.
Imo, there will be some corporate event coming to fair and reasonably designate this ownership by percentage of for those who released. Specifically buying COOP, and I have thousands, doesn’t specifically grant me ownership of the other legacy WMI assets that I chose to grant releases to receive after the ending of both bankruptcies.
Coop will ride the coattails of this coming WMIH corporate event, but will not be the primary beneficiary of what those who released, are in line to receive.
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