Replies to post #695857 on Mr Cooper Group Inc (COOP)

[Digit2k]

"sounds" good but what does this mean to old Q marker ppl who signed timely?
And when will it be payed off?

I mean, we heard a lot of stories the last 10 years..why should this work out now?

just my thoughts.

Have a good week all

[xoom]

DG, I think you need to give credit to original poster, DMD on BP :-)

[PickStocks]

Looks like you will be waiting a long time could be years or nothing at all… so far DMDMD theories along with great desert have missed their marks….

[W3Research]

DGO: From Your Lips to God's Ear! ...

Cheers! ...

You said ...


IMO…my conclusions as September 25, 2022 @ 1520 CST:

If WMI RECOVERIES = $625 billion

1) Bonderman et al total recoveries via Class 22 alone is at least $105 billion; I contend they also released Class 19 and creditor claims from a principal investment of $7.2 billion.

2) Tepper et al total recoveries via Class 19 alone is at least $53.3 billion; I contend they also released their creditor claims and Class 16 claims. I don’t know the principal investment of Tepper et al.

3) just the two above investor groups alone potentially will receive $158.3 billion

$158.3 billion / $625 billion = 0.25328 or 25.328% of all the WMI recoveries!

4) Underwriters = 72,000 WAMPQs (from $96 million indemnity claim)

72,000 WAMPQs x $66,111 = $4,759,992,000

So 14 years to wait is a long time, but I contend it will be worth the wait!

Happy 14th anniversary of the WMB seizure!!