Mr Cooper Group Inc (COOP)

[Boris the Spider]

Once escrows are paid out you'd need to hold that for 366 days to pay long term capital gains on the money. Of course you can take out a portion of that and pay tax as ordinary income and leave the rest in to mature for a year to avoid paying all that as ordinary income. At least this is how I interpret it. Contact your accountant/tax person when it happens.
Best thing would be to take out what you need right away to put your life in order and leave the rest in a money market fund or other safe vehicle and start to pull that out after a year.
If you see substantial gains it would be wise to contact a financial expert you can trust. Easier said than done these days!
When the receivership releases funds to shareholders it will automatically get dispersed into your account....you'd need to do nothing. They know who has escrow shares, believe me.
One day, soon, escrow shareholders will wake up to a nice surprise in their accounts.