Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Intuitive, Regarding Your Question ~

A "Target Account" is an Open Destination Account at your own individual chosen Broker, an open and active account, that is in a position for your own chosen Broker to also be in a position to make deposits into' your (target) account' on your behalf once notified by the DTC / Clearstream / Euroclear ... depending on what part of the world that you live'

Neither the DTC or your own chosen Broker' are in a position to actually open a position on your behalf' ... They' can only notify you', and we' should all know by now, how that works out ...

So, ... In My Own Opinion ? ... (and humorously' without sounding mean or hurting anyone's feelings' like a 12 year old' ... yyeeesh' ... Right ? - some here should simply grow up -) ...

I would suggest that you have your Target Accounts in place' in the event of a WaMu related "Settlement" distribution' ...

I've been doing this a long time, (Investing, NOT' posting regarding investing) and I have currently chosen to have Target Accounts, able to be utilized by my own Broker(s) for receipt of any possible distribution returns ... Cash' (each trading account has a funded associated money market account) ... also open monitored positions in WMB Fixed Income ... as well as open monitored positions in WMIH-Corp, JPMC, and Deutsche Bank' ...

Securitization Trusts' Offerings, are prospectus able to be converted to shares of the parent of the same' ...

AZ