Mr Cooper Group Inc (COOP)

[hotmeat]

The LTI's are a divisive issue in that some say it will only be redistributed in the context of the bankruptcy.

If the Piers are left impaired then, technically, no LTI's (name of the payment mechanism) can be "redistributed" since Piers were never fully satisfied.

This is where any assets in Safe Harbor, and how they are classified in terms of ownership, comes into play.

Do they fall in the category of WMI Estate/Debtor assets that could be used to fully satisfy Piers or not???

This IMO is where the real discussion now lies.