Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

Iprelude /court Filing
I am at my bsn and had time top glance over the Helluva going on with this latest court filing. I read it twice but will get my head around it. Three intial thoughts but will clarify my think later as it's else where still had to respond though.

1. as I read it on the Effective Date in accordance with
the Plan. As has been stated in the past, such Escrow CUSIPs were issued solely to facilitate potential future distributions,
if any, to eligible former shareholders of WMI if Claims involving Disputed Equity Interests are disallowed
That states:Disputed Equity Interests are disallowed

2 the Depository Trust Company (“DTC”) established and
maintains positions in the aforementioned Escrow CUSIPs. TThese Escrow CUSIPs represent nominees’ positions that
would be used to make future distributions

.....DTC holds these in case of disallowance for of Disputed Equity.

3.IF these clams are disallowed then they break them down accordly.

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.
In June 2015, several Claims were disallowed and 1.4 million shares were subsequently distributed to holders of Escrow
CUSIPs on a pro rata basis;


I will revist this off break.

Regards,
B