Replies to post #501876 on Mr Cooper Group Inc (COOP)

[hotmeat]

Based on your experience, if applicable, what is your opinion on the following.............


1) Does the GSA govern ALL future distributions of Safe Harbor assets (only) to our "Markers" or will it revert to pre-bankruptcy ownership rights of the different classes ie Preferred and Common???

2) Can any party (FDIC, DTC etc) other than the WMILT make cash distributions directly to our "Markers" for any Safe Harbor assets held outside of the bankruptcy process???

3) As the reorganized WMI, does WMIH own or are they entitled to any of the Debtors pre-bankruptcy assets/interests, other than that which was transferred during the reorganization process (ie WMMRC and 100% Equity in WMIIC) and clearly stated in the GSA???

4) Is the WMILT the sole and rightful "inheritor" and arbiter of the entire Debtors (WMI + WMIIC) estate,..bar none???


Happy New Year CBA and TIA for your response.

[austin01]

CBA09, are we hoping or is it conclusive that escrows will be the beneficiary of a hundred or so Trusts in Safe Harbor?