Replies to post #547286 on Mr Cooper Group Inc (COOP)

[mattchew]

Negative, 510 subordination.

[mattchew]

Not saying no distribution in November, but class 17 must be addressed first or simultaneously with lower classes.

[goodietime]

"Remember, not to be the smart guy because I could be wrong but we have to think out of the box. We could still get a distribution in November by getting a distribution from safe Harbor. Remember the BK and the LTI together are separate from the escrow payment and possible S|V of safe Harbor assets in COOP IMO"

I believe Brian Rosen is the one who mentioned a distribution in November. What part of this can he have a say as to if a Distro is paid?