Replies to post #499092 on Mr Cooper Group Inc (COOP)

[Mr_Simpson72]

FDIC claims: Are they implied within Brian Rosen´s response?

BR: Because several of these claims are the subject of litigation that will not be completed by March 19, 2018, the IRS extended the term of the Trust. The filing with the Bankruptcy Court is the confirmation of the IRS approval.

Mr_Simpson: I am of the opinion that the LT needs a longer time for some of the claims... is FDIC one of those along Grant Thornton & Employee Claims?

A few of us believe in a Shares for exchange event.

Hope WAMU 1031 Exchange is related to that... it has to be done by Dec 31st.

[footballref-8541]

Ohhh..”confirmed AND consummated”. I like the sound of that. How do you consummate a contract when no AZZ is involved? You pay dividends!! We’ve been tricked with Leah and Rachel’s is up next.

[austin01]

from Mr Rosen, "You are correct that the Plan was confirmed and consummated. Distributions continue to be made as disputed claims are reconciled."
Who are these distributions going to? And how are they related to escrows distributions?
I sincerely hope this is, potentially, good news for escrows and WMIH.
Somebody please put "2 plus 2= 4" for me on this possibility.

[gg4]

Johnny, Thank you so much for taking time out of your busy day to bring some more information to this board, invaluable in my eyes. Thanks again the tip of the Hat goes to you, AZ, LG and too many others to list that have helped this board understand and keep on top of every moment that has passed. Thanks again gg4

[sillyinvestor]

Thanks Johnny, I'm as shocked as I'm sure others are that Rosen even replied to you, but good job!

I can't help but laugh at how you were sweet-talking him though. I can imagine that dufus reading your email, and chest puffing up in pride.

[hotmeat]

To be granted a second 3 year extension a PLR from the IRS is required, stating that this extension would not affect the LT's Federal Income Tax status and is necessary to complete the recovery and liquidation of the Liquidating Trust Assets