Replies to post #640801 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ ADDED', The WMI Capital Trust "Obviously" Has Continued to Function and Earn Interest Generated Beyond (@ .05375), the WMI Reorganizations' Plan 7' Implementation on 03/19/2012 ~

... The PROOF of That ? ... is the Piers continued interest allowances', ... (court ordered allowances, not Cap Trust' earnings) ... continued until they were finally paid off in full in February of 2018' by the "Cash" that Judge Walrath allowed to be managed, by the now completed WMI-LT ...

... I won't and don't answer, debate, or argue, with any continued confusion', or sloppy and very poorly researched material ...

the DTC ESC Cusips were issued according to their individual participation', and submitted release to "Participate" ...

AZ

[BBANBOB]

AZ

IN ALL SINCERITY can you please explain to us why it was NOT STATED in plain simple language like the PIERS were CALLED OUT AS CAPPED??

Can you show us where it says in any form or fashion or anywhere it states P's K's TPS are capped!!!!!!!!!!!!!!!!! TIA

[GO4AWILDRIDE]

AZ

The judge did not CAP THE PIERS it was written into their prospect that if the SENIOR DEBT did not receive their CONTRACT INTEREST due to a BK
that the JUNIOR SUBORDINATED (PIERS) would be required to make up the lost INTEREST PAYMENTS.

The judge had nothing to do with it other than to follow the prospect contract language.

So the PIERS $50 FACE VALUE was dropped to the final $10.72 we (YES I HELD THEM) SO I received the bonds (FIRST & SECOND) which were called in by WMIH as well as the final dollars we/I received to close the PIERS.


GO4AWILDRIDE