Mr Cooper Group Inc (COOP)

[Large Green]

***This piece of the PR is VERY TELLING***GREAT TIME for REVIEW!

Please read what I have highlighted in black and red as it explains VERY important pieces and WHAT IT DOES NOT SAY!

WMI Liquidating Trust Provides Information On Escrow CUSIPs
SEATTLE, March 24, 2015 /PRNewswire/ -- WMI Liquidating Trust, formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc. ("WMI"), today provided additional information regarding certain Escrow CUSIPs issued to eligible former shareholders of WMI. Eligible former shareholders are those who timely submitted relevant documentation, including the release required under Section 41.6 of the Plan.

[/b]As of the Effective Date of the Plan, Depository Trust Company ("DTC") established and maintains positions in the Escrow CUSIPs. These Escrow CUSIPs represent nominees' positions that would be used to make future distributions, if any, of common stock issued by WMI Holdings Corp. ("WMIHC"). Pursuant to the Plan, such shares of WMIHC's common stock were deposited in the Disputed Equity Escrow established in accordance with the Plan and are to be maintained in the Disputed Equity Escrow until such time as Claims involving Disputed Equity Interests are either allowed or disallowed.
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(Note-very important) Escrow CUSIPs represent nominees' positions-Nothing to do with receiving monies other than to show what one owned.
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Upon resolution of those Claims, the related portion of the shares maintained in the Disputed Equity Escrow will be distributed to the claimant holding the newly allowed claim or, if the claim is disallowed, the related portion of the shares will be redistributed to beneficiaries of the Trust in accordance with the distribution mechanics set forth in the Plan. In the event any future distributions of WMIHC common stock are made from the Disputed Equity Reserve, DTC will be instructed to allocate such common stock to each of the Escrow CUSIPs on a pro rata basis.

As stated above, the Escrow CUSIPs were established for any potential distributions of shares of WMIHC common stock. The only source of common stock available for any such a distribution would be from the 2.9 million of shares remaining on deposit in the Disputed Equity Escrow. Specifically, the Escrow CUSIPs do not, in and of themselves, entitle their holders to any possible future cash distributions from the Trust, WMIHC or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank).
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Escrow CUSIPS do NOT entitle holders to anything BUT LTIs or Liquidating Trust Interests do and this is the mechanism used when monies are available. Escrow CUSSIPS are then replaced with LTIs. Escrow CUSIPS will be REPLACED by LTIs-BINGO!
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The Trust will issue Liquidating Trust Interests to WMI's former shareholders if the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and if a shareholder satisfied all conditions applicable to receiving any such Liquidating Trust Interests. There can be no assurances that the Trust will be able to monetize assets in a manner sufficient to give effect to the foregoing.

The Trust discloses the status of its operations (including the status of pending litigations) and unaudited financial information in a Form 10-K filed annually with the Securities and Exchange Commission. In addition, the Trust files a Quarterly Summary Report with the Bankruptcy Court and under Form 8-K with the Securities Exchange Commission.
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There will be no further warnings (such as happened on 4/15 with SR. Piers being paid) when LARGE money transfers as they have done their legal fiduciary responsibility by informing everyone through this PR IMHO, and from this point LTIs will replace your BELOVED Escrow Tracking CUSIPs and then monies will flow unannounced. They told you it will reflect in 8K filings, QSRs and 10Ks so no further announcements needed.
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http://www.prnewswire.com/news-releases/wmi-liquidating-trust-provides-information-on-escrow-cusips-300055333.html


I am not sure if I have asked but have I told you lately how much MORE, MORE and MORE I love my Escrow Shares and SOON to be issued LTIs?