Mr Cooper Group Inc (COOP)

[LuckyPanda]

AZ, is it possible for the escrow markers to be cancelled after the $40 mil leftover from WMILT is paid and the safe harbored performing ABS trusts still paying us after? I dont think that is possible. They would still need the escrow markers as pass through entity to repatriot those safe harbored funds to us.

So, would you not agree to one of the following scenarios as the only possible path forward:

1) safe harbored performing ABS trusts starts paying out on 9/25 and class 17 gets paid and the rest comes to escrow markers either on 9/25 or 10/25. Then WMILT pays off PIERS and the 40 mil on 11/1 and then cancels the escrow markers

or...

2) WMILT pays off PIERS but witholds 40 mil for some bullshit reasons and drags this on a little longer until FDIC R closes shop after the Libor lawsuit with JPM ends

or...

3) WMILT pays off PIERS and the 40 mil to escrow and does not cancel the markers and thus acknowledging the future return of safe harbored assets.

or...

4) WMILT pays off PIERS and the 40 mil to escrow and then cancels the escrow markers and BK ends. Hence we are all SCREWED!

I dont see any other possible scenarios... Can you?