Mr Cooper Group Inc (COOP)

[boarddork]

imo, only the assets under which the LT has jurisdiction---- is what Rosen is talking about here. Not the bankruptcy remote assets, legally held Off-Balance Sheet, in legal isolation.

the proof? Could the examiner discuss the mortgage assets in his bankruptcy court ordered report? No.

Could the examiner discuss the mortgage assets in open court? No.

Could Rosen discuss the same examiner related assets in open court or document? No.

Could/did Justin Nelson discuss the mortgage related assets in open court or document. No. In fact Judge Walrath stopped him multiple times from even getting close to that subject.

LT assets.... are different from..... Bankruptcy Remote assets (which will utilize the LT only as a 'Pass-Thru Trust). Bankruptcy remote assets are just like a check showing up in the mail one random day.

Prediction: There will be more heartache in the coming months for those who misunderstand this distinction, and soon to come, will wonder why again, ....so little is coming directly via the LT's specific assets as is their SEC reportable mandate.

In the end, understand it or not, if you released your legacy interests in order to participate in POR 7, you will have a happy life changing event.