Mr Cooper Group Inc (COOP)

[mwd44]

Lodas- I agree with you 99.9%. The only part I disagree with is your interpretation of what Rosen said. Rosen is speaking in "legalese" when he says WMI has no safe harbor assets. Which is true from a legal standpoint. The safe harbor assets are in a trust. When WMI placed these assets in the Trust, they turned over ownership to the Trustee and WMI became a benefciary of the trust. Since WMI no loger "owns" the assets, it can be legally said that WMI doesn't have any safe harbor assets. The safe harbor portion of said assets are the "beneficiary interests" which WMI does have.