News Focus
News Focus
icon url

Large Green

11/20/22 9:05 AM

#698755 RE: dennyduper #698754

Yes, if an investor released class 19, then we all own the same security (class 19) as the UWs however, there are no details on any form of payment yet but in my view much more to come by end of year 2022.

As you know, I have long felt the TRIGGER EVENT was WMILT being canceled and not dissolved on 12/31/2021 which means more actions such as distribution, consolidation, and merger were required actions for potential distribution in the year 2022 including the very last day 12/31/2022.



Xxx
icon url

Large Green

11/20/22 9:44 AM

#698757 RE: dennyduper #698754

HUGE DOT CONNECTED - I SAY POTENTIALLY 90% CORRECT...

Especially Considering the Timing


Remember, WMI NOT to be confused with WMILT became a (DST) Delaware Statutory Trust around 3/8/2012 then became effective on the (ED) Effective Date of March 19, 2012

8-k filed by Mr. Cooper Group on November 07, 2022:

Working with an anonymous source

https://www.otcmarkets.com/filing/html?id=16179688&guid=66_-kKqjA3qmB3h

Last PDF page:

“ MSR yields approaching distressed levels - sizeable growth opportunity in connection with third-party capital”

_________

MY VIEW:

Guess who Mr. Cooper is referring to when mentioning “third-party capital”?

IMO…it is WMI and its $625+ billion in assets that is referred to as “third-party capital”

WMI recoveries will be distributed to legacy WMI shareholders when the time is right…

I think Mr. Cooper Group is signaling to the big players, that the “sizeable growth opportunity in connection with third-party capital” will start in 2023.





Xxx