Replies to post #443537 on Mr Cooper Group Inc (COOP)

[Evintos]

We will see distribution if the remaining claims are disallowed. Certainly not in the billions (unless you believe the billions theory) but will be millions (Around $50 to $100 million).

There is also 1.5 million shares roughly remaining in disputed equity escrow that is being held in reserve for remaining claims.

In addition D&O settlement is structured in a way that the WMILT will exist in the year 2018.

Unless released sooner in accordance with the terms of the RSA, if no such action or investigation is commenced prior to
each of September 25, 2015, September 26, 2016, September 26, 2017 or September 26, 2018, then $500,000 of the Reserve will be
released to the Trust within three business days of each such date.

http://www.wmitrust.com/wmitrust/document/8817600151029000000000001

[fwh3334zeke]

I thought the LTI was in effect until 2018

[fwh3334zeke]

There are several issues that MAY bring some revenue back to WMIH. first the assets & cash at FDIC-R, the mortgages that JPM services, but does not own, then there is a issue with the ownership of the land that the 2200 branches set on. So IMO we might not get anything tomorrow or the next day but there is still a chance in the rest of this year,& next couple years.

[rockie101]

cura...are you saying no pay out to the escrows?