Mr Cooper Group Inc (COOP): Escrows will be paid out in phases. I...

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Mr Cooper Group Inc (COOP)

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Boris the Spider

Re: scrivenerserror post# 428931

Wednesday, 07/15/2015 10:02:57 PM

Wednesday, July 15, 2015 10:02:57 PM

Escrows will be paid out in phases.

I have never said we will get hundreds of billions now. GUT: I think we will see $10-15B very soon as cash assets are disbursed. The remaining illiquid assets will be paid over years as they are confirmed and liquidated at 50% fire sale prices. If you don't choose to believe this that's your choice. Fact is no one knows for sure!
But if you've been following this and reading the documents you should agree that our chances are very very good.

IMO the LT (assets) are the target and CITI, KKR, and Blackstone are the facilitators.
>Very good things in the offing for BOTH WMIHs and escrows.<

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