Mr Cooper Group Inc (COOP)

[Large Green]

LP, one could not have signed timely releases then ignore the bankruptcy process where you received markers because of the process.

There cannot be two sets of ownership. All bankruptcy remote means is certain assets are protected from creditors BUT the bankruptcy process controls the last link in the chain-of-title to prove ownership which is evident with those investors who signed timely releases then received markers in their accounts. This was confirmed by the court on the Effective Date of 3/19/2012.

The hard and challenging parts that take specialized experienced lawyers is to get certain assets qualified as bankruptcy remote but the process is easy to understand.

If one signed releases, then one is part of the bankruptcy process and no, one cannot cherry-pick what parts of the bankruptcy process to use and ignore.

There are no special areas that certain assets reside bankruptcy remote or NOT but it is the process one needs to understand.