Mr Cooper Group Inc (COOP)

[ron_66271]

Where Is My ABS/RMBS Distribution?

October 31, 2017
Therefore We should be seeing four [4] months worth of ABS?RMBS Distributions. MINIMUM.

"Dear Mr. Reyes,

Reference is made to the Verified Petition dated December 12, 2016. As contemplated by paragraphs 67 through 69 of the Verified Petition, Duff & Phelps has been asked to calculate the allocation of the initial installment of Settlement Proceeds received by Deutsche Bank National Trust Company, as Trustee (the “Trustee”) among the Primary Trusts.Results are contained in Exhibit A which provide such loss calculations as of October 31, 2017 along with a proposed net allocation of the amounts to be received under the Settlement Agreement at issue in the Petition among the Primary Trusts based on those losses, taking into account the prior expenses to be reimbursed as provided by counsel.

http://www.globic.com/wamurmbssettlement/pdfs/DB%20WaMu%20Procedures%20for%20Dist.%20of%20Settlement%20Proceeds%202.14.18.pdf

WMILT/KCC should be informing the Beneficiaries of coming Distributions.

For those Trusts in which distributions are administered by the Trustee, the Trustee currently anticipates that distributions of the Allocable Shares will be made in the February 2018 distribution period. With respect to certain of the Trusts for which the Servicer or Master Servicer calculates monthly distribut
ions to Certificateholders, the Trustee has been informed by the Servicer or Master Servicer, as applicable, that such calculations are anticipated to be completed in time to enable distributions of the Allocable Shares for such trusts to be made in the February 2018 distribution period. Certificateholders are advised that distributions of the Allocable Shares as to any particular Trust may not occur in the February 2018 distribution period where the Trustee, the Servicer or the Master Servicer, as applicable, encounter issues in implementation such distributions under the relevant Governing Documents, or otherwise determine that they are unable to determine the appropriate treatment of the Allocable Shares in that period. Distributions of the Received Funds will be included with the monthly distributions on the WAMU Securities; accordingly, distributions to holders of particular WAMU Securities will be made to holders as of the record dates for such WAMU Securities for the month or months in which such distributions are made.