Replies to post #490869 on Mr Cooper Group Inc (COOP)

[Jestiron]

Alright...to anyone who knows the answer....

Exactly HOW and WHEN will Safe Harbor assets get relinquished? Are there examples of this from other BKs which we can refer? How does the timing work? Before BK close or after? Ramifications of timing?

I know this has been posted before, but WHAT document actually STATES that LT is the ONLY owner of S/H assets? Is there ANY scenario where these would not/could not come back to LT.

NOTE: I am NOT NOT talking about how many assets are here.

In a scenario where the waterfall DOESN'T make it all the way to Class 19 & 22, would this affect ownership? Piers? My understanding is that this is not possible as this is the sole PURPOSE of Safe Harbor protection, but I want to make sure.

Sorry for all of the questions, but I have been listening for a while to see if I could understand from the board a better way to ask these questions.

PLEASE do not answer if you THINK you know....I need consensus on the answers....I think we all do.

Jest