Mr Cooper Group Inc (COOP): Lodas, the context was put in the subjec...

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Mr Cooper Group Inc (COOP)

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Tuesday, 10/10/2023 2:11:40 AM

Tuesday, October 10, 2023 2:11:40 AM

Lodas, the context was put in the subject line.That document discussed about assets and why did they move and among whom and what was the cause,was it a claim or in cancellation of equity?.Its a two step process to recognize the actual beneficiaries of the liquidating trust.
Step 1. Transfer assets to WMILT to process claims and address creditors.
Step 2. Creditors recognize the owners are Trust beneficiaries.(Only after the claims have been resolved and that was the reason in 2020 it was filed) IMO.

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