Mr Cooper Group Inc (COOP)

[LuckyPanda]

AZ, I agree with you on LTI. I contacted LT last year to see if I needed to update my new address for their file. They told me I only needed to keep my address with my brokerage that held my escrow markers. Issuing LTI to all the common holders would be expensive and I dont think they are planning on doing so from the response they gave me. There must be a mechanism for them to distribute whatever is left in the LT directly through the escrow markers without LTI. Also, I think the safe harbored assets may not "pass through" the LT. If such happened, the LT may be legally liable for the manner in which they have denied the existence of bankruptcy remote assets all these years and also their confusing language on the 75/25 issue.

In order to truly separate the LT from disclosure liabilities, I think there must be a mechanism to directly flow the safe harbored assets from the bankruptcy remote trusts to our escrow markers and bypass the LT all together.