Mr Cooper Group Inc (COOP)

[jerrylev]

I think PIERS has to be paid first before other classes can be paid although LG said that there is already money allocated for it. I don't know but it is only 40M left to pay, a peanut number compared to 600M if there is such payment for us.

My PIERS markers were deleted from my brokerage a few years back. In it place, I received LTI from the trust and the amount diminished as I get paid. Right now it's only a few thousand left to be paid.

I don't know how escrow will be paid one day. On one hand, we cannot have the brokerage houses keeping track of our markers as well as be the middleman to distribute the money forever. On the other hand, the trust cannot give LTI because there is no fixed amount to be paid. And the LTI will be disbanded in 2022, somebody posted this.