Replies to post #620861 on Mr Cooper Group Inc (COOP)

[ckaufman2160]

Obviously alluding to the 75/25....


This is all certain posters dwell on....... like discussions on it will
secure their preference....eyes rolled up towards the heavens.....

[AZCowboy]

~ Oh I See, We’ View These Issues Quite Differently’ ~

”Since this was all done UNDER the guidance and direction of the payout MATRIX BY THE WMLT wouldn't that have been ALL THAT the DTCC could have relied on as far as a distribution payout matrix

I’ll stipulate:

The WMI Bankruptcy’ was originally filed, listing ONLY’ the Exchange Event TPS preferred (3 million), as well as the 2008’ TPS diluted 1.7 Billion Commons ... the WMI debt offerings (P’s & K’s) were not listed ... nor were the WMB Notes issued out of the UK’, ...

WMI was merely the “Holding Company” ... it reorganized ... it Paid it’s Court Approved creditors with its cash on hand and tax refunds ... using a Liquidating Trust ...

The Plan 7’ Pay-Out Matrix was adhered to by the WMI-LT’ ... It was actually Plan 7 that designed that Pay-Out Matrix Which is referenced within Attachment H’ of Plan 7 ... not the LT’ (it was the LT that merely confused the process) ... Plan 7’s Disclosure Statement was always the powerhouse document ...

... currently with the Plans implementation, and the WMI-LT’s recently completed function, and the completed BK’s, ... now it’s time to focus on the company’s SEC Filings, ... Corporate Structure ...

AZ