Mr Cooper Group Inc (COOP)

[hotmeat]

If you received shares of WMIH in 2012 you either did sign the Release or were a pre-seizure holder of WAMU. If you did not Release then it is very unlikely that you will receive any distributions from the WMILT. If you did then you're okay.



Quote: "In accordance with the Plan, the Trust will issue Liquidating Trust Interests to WMI’s former shareholders if, and only if, the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-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."



The highlighted portion means signing the Releases.