Mr Cooper Group Inc (COOP)

[Large Green]

Buy/Sell questions in reference to the exchanged shares date?

There is all of this discussion going on in reference to the 1/6/2012 date which is at least for now the "date of record" for this POR going forward. If people buy or sell after this date such as this week how do the Brokers know for sure what everybody holds?

Let's say many people sell all commons this week and buy all preferreds, obviously the individuals ownership will be different from the 1/6/2012 record date. It would seem there would have to be a "dop dead date" for the exchange to happen successfully or not, but yet this Disclosure Statement is not even signed yet. What is your take on the latest one can buy/sell and the new share exchange still happen? This seems to be up in the air at this time.

Some people think if one buys/sells shares after this 1/6/2012 record date, that they will not be able to have those share exchanged and are similar to air shares. I do not think this is correct, as I think the 1/6/2012 date was just for voting and nothing to do with your shares being exchanged for NEWCO shares under this plan. Your thoughts please.