Replies to post #514996 on Mr Cooper Group Inc (COOP)

[jerrylev]

Simple answer. I have LTI for my Piers but my escrow markers for H were gone a long time ago.

I continue to receive LTI from the trust every quarter until I am paid 100% and they do remember how much money they owe me. In fact the amount grow slowly due to interest income.

The brokers have nothing to do with being the conduit to pay us. Just imagine the logistics and cost to do this.

[hotmeat]

The WMILT stated this not me and it has been posted multiple times here!!! Escrow Markers are for share distributions ONLY and once all the senior classes (Piers etc) are paid those LTI's will be redistributed, PRO RATA, for any cash payments according to our previous holdings of Prefs or Commons. Where you read i stated that Escrow markers were gone is purely in your imagination. As for thye CSC point, that's moot since i already knew they changed their name to the DTC in Oct, 2014. The LTA was signed when they were still CSC Trust in March 2012!!!