Replies to post #733028 on Mr Cooper Group Inc fka COOP

[lodas]

yo ron?.... did you ever consider in your studies that WMI said officially THAT ALL PREFERRED WAS CONVERTED TO COMMON EQUITY, and common and preferred holders were given shares in the new company when releases were signed??....Why is it necessary for WMI to honor prior obligations to preferred shareholders when WMI says officially preferred shares were CANCELLED AND EXINGUISHED?... is there something that you read that WMIH is now going to make preferred holders "whole again " after 12 years since closure of the chapter 11?...disclose any documents that says WMI, JPM, FDIC is going to make former preferred shareholders able to retrieve principal and interest on former assets that were cancelled.... Lodas

[ron_66271]

How Is The TPS Claim Getting Paid?

$4 Billion Class 19 claim no longer backed up by a Trust because of the Exchange Event.
Nine 9!

The $4 Billion was paid back to WMI, but not to the TPS holders of Class 19.

How was TPS claim considered satisfied to allow APR removal and Class 22 to participate in the Plan?
That ruling cannot be based upon speculation on future share price, or other peoples stuff.

75/25% only pertains to the assets placed on top of the table that WMI presented to the Court which became the 363 Sale.
$33-$8=$25.
I have listed the assets of the 363 Sales many times.

I have answered the question. Please see the reply to message.
What’s your answer?

??…..AZ…….???



Ron