Mr Cooper Group Inc (COOP)

[Large Green]

HM, here take a look a from Rosie's 10/31 filing: We Are Relevant Beneficiaries??? of the Trust (Marker Holders) Roadmap To Wealth

Have I told you lately how much more I really love being a Relevant Beneficiary of the Trust which continues to grow immensely every single day forward?

Thanks goes to newflow for helping find parts of the plan for this to make sense

Kosturos is our DST Trustee and timely signed releasing class 19 & class 22 investors are the RELEVANT BENEFICIARIES of the Trust. Here take a look.

***WHO ARE RELEVANT BENEFICIARIES OF TRUST***

NOTE 3
http://www.kccllc.net/wamu/document/0812229191031000000000005

Following a final distribution of cash to relevant beneficiaries of the Trust, no additional distributions (of cash or equity in Reorganized WMI) will be made.

1.4 Appointment and Acceptance of the Liquidating Trustee. As set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq., as the same may from time to time be amended, or any successor statute (the “Trust Act”) to serve as the initial Liquidating trustee under the Plan.

We have ALL used the term "Escrow ShareMarkers" but we're actually Relevant Beneficiaries of the Trust

http://www.kccllc.net/documents/8817600/8817600120507000000000001.pdf

1.7 Incidents of Ownership. Except as provided in Section 1.6 hereof, the Liquidating Trust Beneficiaries shall be the sole beneficiaries of the Liquidating Trust and the Liquidating Trust Assets, and the

Liquidating Trustee shall retain only such incidents of ownership as are necessary to undertake the actions and transactions authorized herein, in the Plan and in the Confirmation Order, including, but not limited to, those powers set forth in Section 6.2 hereof.

BTW: 1.6 No Reversion to Debtors. In no event shall any part of the Liquidating Trust Assets revert to or be distributed to any Debtor or Reorganized Debtor.

http://www.wmitrust.com/wmitrust/document/8817600191101000000000001

• Note 3 Separated With Bullet Points: Motion to Close Chapter 11 Cases The chapter 11 cases of the Debtors are substantially complete with all assets having been marshalled and all claims resolved

[i]• The only material pending action includes collecting the B&O Tax Receivable (See Note 6) and initiating final distributions to relevant beneficiaries of the Trust

• The Trust intends to file an application with the Bankruptcy Court to close the chapter 11 cases of the Debtors in November 2019, with a hearing date scheduled for December 19, 2019, which date may be subject to change

• Shortly after the Court enters the order to close the chapter 11 cases, the Trust intends to make one final cash distribution to holders of Class 18 Allowed Claims (See Note 5), and redistribute shares in the Disputed Equity Escrow (See Note 7). Any outstanding LTIs and escrow markers will be canceled

• Subsequent (after) to the Bankruptcy Court approving the closure of the chapter 11 cases, the Trust will remain open for a period of time in order to wind-up its operations

• Following a final distribution of cash to relevant beneficiaries of the Trust, no additional distributions (of cash or equity in Reorganized WMI) will be made

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Page 6/10

http://www.kccllc.net/wamu/document/0812229120104000000000019

• "9. To be clear, recoveries for current WMI equity holders are not limited to the stock of the Reorganized Debtor. Upon satisfaction in full of all claims, interests in the Liquidating Trust will be reallocated to include WMI equity holders entitling them to participate in the recoveries of the Liquidating Trust. This is another potential source of material recovery for WMI equity holders"

LTIs From June QSR Page 13 of 15

http://www.wmitrust.com/wmitrust/document/8817600190731000000000001

Liquidating Trust Interests cannot be distributed until the Trust has addressed disputed subordinated claims (ie allowed, disallowed, or estimated)

Page 13 of 15

THIS JEWEL TELLS ME WE WILL BE ISSUED LTIs-ROLLFORWARD CLAIMS

As noted in the Notes to the Financial Statements, the Trust intends to make one final cash distribution to Class 18 Allowed Subordinated claims. No LTIs will be issued in advance of such distribution.