Mr Cooper Group Inc (COOP)

[kirby96]

Completely false. Bankruptcy/Liquidation claims are traded all the time at very steep discounts. Trading your escrows markers would be no different. There are people (many lawyers for example) who make their careers doing just this. Bond claims, unsecured bi-lateral contract claims, derivative contract claims, equity claims, etc., etc., etc.. They can all be traded. Many hedge funds are still trading Lehman claims to this very day.

Until recently I worked for a firm that made a lot of money trading Lehman and Madoff claims. Claims purchased from banks, business partners, and even widows and orphans who had the misfortune to invest with Bernie. There is no impediment to writing a binding contract transferring one's rights in a bankruptcy. Believe it or not.