Replies to post #507403 on Mr Cooper Group Inc (COOP)

[hotmeat]

Safe Harbor rules were designed to protect assets from being seized and sold to satisfy Creditors or to a purchasing entity...eg JPM.

To my knowledge these issues no longer apply since Creditors are 99% satisfied using estate assets except for the remaining Piers payment.

There is no longer a threat to 3rd party Investors or WMI's beneficial interests in Safe Harbor assets being jeopardized by the bankruptcy.

This is why, IMO, these assets can now legally be distributed to our Markers as per the agreed split outlined in the POR.

I am yet to see any reliable proof or past precedent where APR rules were reapplied after they had already been previously disbanded.

That to me is the true "Propaganda Machine" at work!!!