Replies to post #374364 on Mr Cooper Group Inc (COOP)

[WithCatz]

What? Are you suggesting that "they" (I assume you mean the WMILT) is going to use the 'waterfall cash' to "buy" WMIH stocks and distribute that instead of 'cash' to holders of Escrow shares.

MonicaLaw wrote - ...they intend to buy WMIH stocks with the LT distr. funds and deposit that into our Escrow accounts instead of just cash

Nope. Period. Nope. Cannot happen.

A * recipient* of cash {a LTI Escrow share holder} _may_ choose to buy more WMIH after they get cash from the WMILT waterfall. Just as they may choose to buy any stock with new cash.

BUT, there is no way for the WMILT to distribute LTI proceeds due, in the form of WMIH shares.

...Catz

[PickStocks]

realize one thing, who nis heading this: B Rosen crap. Do you honestly think he will show you any real numbers other than EQuity is out no money oh wait I found a quarter in the crack of the judges chair maybe I can find more money under the executives sofas........However, he can cry but I only padded the hours to get more money do you think I want shareholder making more money then me...really!!!!!

[wamutrader]

Stock Instead of Cash? Did you meean they are considering giving us the cash settlement, AND in addition to that, give us shares of WMIH on top of that? Or do you mean stock instead of cash? The second option wouldnt surprise me, but would make all very unhappy.