Mr Cooper Group Inc (COOP)

[ron_66271]

Class 18, 510(b),

is the Pay-Point for "the Final Payment" to WMI for "WMB and it's assets" by the FDIC.

Class 18 is all about WMB issues. 510(b) in this case is an Over-funded claim.


Mortgage Pass-Through Litigation
".. that WMI was not a controlling person to any entities that committed securities violations, that there were no underlying securities law violations, that the federal claims were barred by the statute of limitations, and that, because WMI was removed as a defendant in the Mortgage Pass-Through Litigation, which litigation gives rise to the proof of claim, the Debtors should not have any liability with respect to the allegations contained in the lawsuit.

.. citing the Stipulation, found that the plaintiffs’ new proofs of claim had been filed prematurely, and stated that the claimants would be allowed to re-file their proof of claim only if and when recoveries are available to Subordinated Claim holders (Class 18). Additionally, the Bankruptcy Court denied the plaintiffs’ motion to classify such claim as a general unsecured claim, reserving such determination pending the filing of a proof of claim, and allowed the Trust to release $406.0 million of the $435.0 million which was reserved in connection therewith. "

http://www.wmitrust.com/wmitrust/document/8817600180327000000000001

MARTA; No current Releases, no current Distribution.

Tranche 6 has Released and receives Distributions.

#12585
"ORDERED that the Trust is authorized to release and
distribute such cash and Liquidating Trust Interests held in the
Disputed Claims Reserve on behalf of the Claims in accordance
with the provisions of the Confirmed Plan; and it is further"

http://www.kccllc.net/wamu/document/0812229190201000000000002