Replies to post #742296 on Mr Cooper Group Inc fka COOP

[jhdf51]

Believe me, I’m still trying to catch up to what’s fact from 1 million posts ago. Lol

JHD

[ron_66271]

TRUE but FALSE!

Escrow shares (old WMI preferreds and commons) were extinguished as part of that settlement. The bankruptcy court reviewed and approved the Plan of Reorganization, which said explicitly that those equity holders would not receive any recovery.

Plan 7 LT only applies to the Creditors.
All paid by the PLAN 7 LT.

The Equity Community Presentation proved to the Court that the Equity Classes can pay for all Creditors Claims.
DONE!!!


You don’t understand 510(b).
The 363-365 Sales.
WMI Investment Corp.
The Dual Track in DC Court.
WMI sued the FDIC for $307.02 Billion. JPM lost!

All of these were settled in Plan 6 negotiations.


Thank you for your honesty in admitting that you are behind the DD curve.

Coming; LIBOR payments for the MBS Derivatives Insurance.



Ron