Mr Cooper Group Inc fka COOP

[Tradeinman]

Then you rec'd shares in the reorg company WMIH for you past holdings of wamuq(class22). You also recd "escrow"( a way to track your old holdings) for possible liquidation(which I doubt) or litigation payments. We have another 2 yrs and could add 3 additional to the litigation trust. Once the "waterfall" hits equity, we all will be paid(TPS, preferred(P&K)and commons). higher classes in equity don't get paid prior to lower classes, and there is no cap on payments.
Payments go to equity as follows
75% preferred
25% common

I don't know who would have told you that class 22 is "hopeless". It is not correct info.
However you cannot buy, sell, or trade your escrow, even if you choose to sell your WMIH you were given at conversion, for your releases.
Make sure you put it in your will, if your checking out in the next 5 yrs, because that is the only way to transfer it.

GLTY GLTA

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