Replies to post #439807 on Mr Cooper Group Inc (COOP)

[BBANBOB]

It plainly stated THERE WILL BE NOT DISTRIBUTION ON THAT DATE(NOV 1)

[clawmann]

I have not focused on Piers, so I may well be wrong, but I think I recall that the obligations to Piers holders are secured exclusively by the runoff notes and that Piers holders are paid off via the redemption of the runoff notes by WMIH. Consequently, Piers holders do not look to the LT for their money.