Replies to post #698524 on Mr Cooper Group Inc (COOP)

[lodas]

ron?.....whats your opinion on the language in the chapter 11 closing, now about 10 years ago, that says classes 19, and 22 are "impaired"?....does this statement imply that additional payments will come outside of the chapter 11, through some DST mechanism, not yet disclosed, and or possibly waiting for Libor payments to be made to WMIH?....what is your assessment of the term "impaired " mean in a legal sense?... should it be disregarded as irrelevant to future payouts?....TIA.... Lodas

[Olti100]

TPS claim was only go for $4 Billion, and they are getting $10 Billion.

Thats not true.And the back up assets wallet was under a trust but they lost their fight against JPM and Equity WIllyJam didnt do nothing to help their claim against JPM and so JPM held their notes and the Assets too.DId we forget that JPM Paid as settling Packet for them around 20M$ dollar or more and paid their Lawyers fee too.Right now the only thing left to hope is that Deutche have kept good the WMB Trustees and they are going to let disbursed the Money into the wells fargo acounts or that NOL's are going to be sold and we as Owners of it are going to take new shares of COOP in compensation for that from KKR or something like that.For the rest dont know what to expect more as the FDIC have such a big claim from WMB Bonds that dont think they are going to fill that gap and let alone to bring something to us either Libor all their Legal fight they are doing to make some money for their pockets.