Mr Cooper Group Inc (COOP)

[sharing4u]

To friends of this WaMu saga,

A. From http://www.wmitrust.com/WMITrust

FAQ P. 6-7:

As stated above, the Escrow CUSIPS were established solely to facilitate potential distributions, if any, of shares of Reorganized WMI common stock. The only source of common stock available for any such a distribution would be from the 1.5 million of shares remaining on
deposit in the Disputed Equity Escrow. Specifically, the Escrow CUSIPS do not, in and of themselves, represent an entitlement to any possible future cash distributions from the Trust, Reorganized WMI or the Federal Deposit Insurance Corporation (either in its corporate capacity
or as the receiver for Washington Mutual Bank), as the case may be.
In accordance with the Plan, the Trust will issue LTIs to WMI’s former shareholders if, and only if, the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to payin-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and then, only if a shareholder had satisfied timely all conditions applicable to receiving any such Liquidating Trust Interests. There can be no assurances that the Trust will be able to monetize assets in a manner sufficient to give effect to the foregoing.

B. In WMILT Quarterly Summary Report filed 1-30-2018:

http://www.kccllc.net/wamu/document/0812229180130000000000001

P.14 Notes :
NOTES
* Holders of Liquidating Trust Interests will receive statements of their individual LTI holdings outlining the respective rollforward activity through 02/01/18.
1) Liquidating Trust Interests are not issued to holders of subordinated claims and equity interests. Additional LTIs will only be issued to holders of subordinated claims and equity interests if proceeds exceed the face amounts issued to current LTI holders.

Conclusion:
1. Escrow CUSIPS(markers) will not received cash distribution.
2. In order to receive cash distribution:
LTI will be issued to equity interests if there is money left in WMILT.

Please be patient to wait for the LTI before any cash distribution to you and me. (IMHO)