Mr Cooper Group Inc fka COOP

[LuckyPanda]

LG, no one has posted a "logical" explanation on this board on why separate classes of escrow markers were issued if 75/25 split to the end is the case. Just like there were only one class of WMIH stocks issued 75/25 in 2012, logic would dictate that only one class of escrow markers should have been issued spkit 75/25 if the final distribution is 75/25 to the end. There is no logical purpose to issue separate classes of escrow if the 75/25 split applied to everything (remote bankruptcy assets included).

If someone can come up with a logical explanation then I will congratulate them and accept that possibolity. As of now, I think AZ's theory of 75/25 split only applying to LT assets (not including safe harbored remote bankruptcy assets) makes a lot more logical sense with having separate class 19 and 22 markers.