Replies to post #573880 on Mr Cooper Group Inc (COOP)

[Large Green]

Honestly, I do not think the Markers mean anything to the BK case if there is nothing there so they can be left as is in my view. They mean nothing to the Bk case if there is nothing there and can be left for the investors and their brokers to handle.

[goodietime]

For some reason the Escrow were made NOT TRADEABLE. If they were only for the few, not very valuable WMIH shares let in dispute, why was this so important?

Is the NON tradeable part only in force while in BK?
There must be a reason for the constant downplay of any returns.

[RajuSondh1]

LG - why would you ask this question - I am not sure if you remember old discussion where FDIC replied to email, I posted here a while ago - that marker will be there until closure of receivership. And that process was posted as well.. notice of intent to close receivership.. and so on so forth,.

[ron_66271]

LP, Put Your ESC Tracking Markers,

in a Living Will for generations to come.

Some of the ABS Trusts are full of Commercial Leases. Commercial Leases are normally written for 99 years, and then renewed.


Don't know for sure yet, but the WMCT 2001 may contain the WMB branch leases now being paid by JPM to WMI. The 365 Sale in Plan 7. WMCT 2001 is a living will trust for WMI's common shares holders with a large enough base to cover all WMI obligations. Posit that!

We always wondered where the Brick and Mortar was. When it's in a foreign Trust, it's not reported in SEC Docs.