Replies to post #658948 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ UniCorn, Well ?, I'm NOT Convinced That (post) Is Completely Accurate, However', per Predecessor Operational Protocol ... the Original "P" Preferred Managing Sub, Would Account For and Distribute To The Parent Corp WMI, Directly, and then the Parent Corp Would Authorized The "Release" Of the Quarterly Fixed Income "P" and "K" Bond Dividend Distributions' ~

Now, at the Implementation of the Parent's WMI Reorganization, ... That Preferred Managing Sub, became a "WMIH" Sub, and continued to be functional the entire time (trackable through 2018) ... That Very Same WMIH Preferred Managing Sub, was then used for the KKR 3% ($18,000,000.00) quarterly coupon owned for the 2015 influx of the KKR Cash', as well as the interest payments that were being paid for the Run-Off Notes, until they were completed' ... That Extremely relevant process, which IS ALSO Trackable deep into 2018' gives an idea of the separations as well as the potential amounts' ... humorously ? there was no 75/25 bucket of ratio of distributions and accounting that was being used' by the WMIH preferred Managing Sub', ... sorry but I couldn't help myself, I couldn't resist giving that jab' LOL ...

So, back to what Mr Penny asked awhile back, ... Yes' MBS Trusts are designed to begin diminishing in value from their actual inception' ...

Now', be coooooool', BUT ?, in my opinion ? ALL Issued ESC Cusips will be utilized ... however' ... a released common share released ? has support that has been increasing in interest value', while a "P" or "K" has had its own interest accumulation diminished by the payments made to the run-off notes, and the 3% owed to KKR ?, as well as delayed timing of the completion of this Legal Process', ... the diminishing values of the MBS's, that were returning funding to the WMI, now the WMIH Preferred Managing Sub' are also trackable ...

maybe "bop" finally took the time to read the Court's Approved Plans Disclosure Statement ?, ... or' ... took the time to understand "Corporate Structure" ?, ... or' ... took the time to understand the use of "Common Sharing" SEC account reporting guidelines while using Predecessor / Successor accounting, which allows the reporting to only consider a Subsidiary Group (the Mr Cooper Group) of an actual Complete Parent Corp ?, ... here it is again, verbatim, ... "WMIH and the Asset Values of WMIH and Its Subsidiaries" ...

I don't know or care, "I Let People Do, What They Want To Do" ... but ? all of this ("a-ellen-g") half cocked losing litigation attempts and multiple appeals denial ?, IS NOT GOING TO CHANGE ONE LITTLE BITTY THING' ... Yes, "COOP" Is the "Tell" ... Go COOP ... and my ESC Cusips ?, That were issued to me by the DTC ?, are ready' ...

AZ