Replies to post #569503 on Mr Cooper Group Inc (COOP)

[ron_66271]

MARTA, MARTA.

Class 18 is in 510(b). 510(b) is the Pay-Point for WMB issues.

http://wmish.com/POR/7/exH.pdf

MARTA and Tranquility Master Fund are both in 510(b) because WAAC and WMMSC are "affiliates of the debtor" WMI. MARTA and Tranquility Master Fund and all other ABS investors like WMI subs will receive their accumulated cash/funds as the FDIC/FRB release the ABS Trusts from SaveHarbor. 510(b) is the entry point for these distributions. FDIC/FRB need a quiet Docket as not to make distributions as litigation relating to the Trusts is happening. So, Shut-up Alice.
No need for MARTA to re-file when MARTA is paid. Just that simple.

510(b) is also the Pay-Point for "the Final Payment" to WMI from FDIC for "WMB and it's assets".