Replies to post #710536 on Mr Cooper Group Inc (COOP)

[Boris the Spider]

The UWs obviously wanted Ps over Us. They had the court connections to make that stick.
They wanted Ps so bad that they sent a team of high paid lawyers to her meaningless hearing to ensure that nothing would change. They never had to raise an objection. Alice lost.
Now...
Alice and hold2 and others think that it is likely that Libor be resolved before the R can be closed. If true, we could be waiting for some time. But we continue to accrue interest.
We shall see who is right then.
I contend, as I have all along, that if escrows do get paid, it will come out of the blue when we least expect it.
If so, we will awaken one day from a call by our broker telling us we need a financial advisor immediately.

[BBANBOB]

They always seem to forget the important parts as to why she filed her case

CLASS 19 could not be diluted .........................................................Yet it was

[ron_66271]

The Underwriters Were the Underwriters for The Series R.

Series R claim lived in P6-Class 20.
Plan 7 moved P’s and K’s to Class 19 to join the TPS.

No! The Underwriters claim never lived in Class 22.
Alice made it up.

The Plan 6 to Plan 7 Stipulation was never an issue with the Court.
Again, Alice made it up.

The Underwriters were just protecting their property/claim on the Debtor’s dollar.
WMI-LT paid for the litigation.



Ron