Mr Cooper Group Inc (COOP)

[LuckyPanda]

I dont think we, as the escrow markers, are not the direct beneficiaries of those REITs. There are intermediary remote bk trusts that are holding those dividends for us as they are the direct beneficiaries of those REITs However, we indirectly are the final beneficiaries because at some point those remote bk entities must repatriate those retained earnings back to escrow. I dont know anybody here knows when that is. We are all guessing that it should be within a year of the bk closing....which would mean we should get paid by end of year...but so far crickets.

I hope this really gets resolved this year. March 2021 by the latest. If we dont get paid by March 2021, there is a likely chance that they can hold onto the money until 2041...until every REIT/ABS penny has been collected.