Mr Cooper Group Inc (COOP)

[hotmeat]

As the LT has stated on many occasions, Escrows Cusips are for share distributions only. Cash will be distributed via the issuance of LTI's or directly, which will be based on how much new Preferred or Common Equity Interests each person holds. This will reflect what type of old WMI stock was owned and subsequently released in 2012.



Quote: "The Trust has received inquiries regarding the status of “Escrow CUSIPs” issued on the Effective Date in accordance with the Plan. As has been stated in the past, such Escrow CUSIPs were issued solely to facilitate potential future distributions, if any, to eligible former shareholders of WMI if Claims involving Disputed Equity Interests are disallowed."



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."