Mr Cooper Group Inc (COOP)

[LuckyPanda]

Red, in your experience, what event would trigger the final release of these accumulated residuals back to escrow? Does the LT officially have to close and file the final tax return first?

What event are we looking for? Also, can the trustees technically hold back the release until the last mortgages are paid off? or is there a stilulation in there that requires the trustee to release the fund once a certain event triggers it? i.e. end of bankruptcy, closing of LT, closing of FDIC receivership??