Replies to post #597688 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Hex Yes, That Is Correct' ~

... ALL' WMI Securities Had Cusips' ... and ALL' WMI Securities Transitioned at Plan 7's Implementation ...

... The WMI Creditor Classes, fixed and variable rate, were issued WMI-LT, "Liquidating Trust Interests", known as LTI's ...

... The WMI Equity Owners, were issued ... "Tracking Markers" ...

The WMI-LT Is Not Lying, ... simply because the cancelling aspect of what the WMI-LT is actually able to cancel', Is revealed in Plan 7's Disclosure Statement ... only the WMI Plan 7 creditors' ...

AZ

[hotmeat]

What part of ESCROW CUSIP do you not understand? A Cusip is a general term used in the market; ie every Company or Stock has one.

Escrow Cusips were created by the POR7 to specifically distribute disputed shares of the Newco only.

Did Piers receive share distributions!?!

This whole debate is the result of one persons ego and inability to admit being wrong!!! Read the quote from an SEC filed document below...…




Quote: "Escrow CUSIPs were issued solely to facilitate potential future distributions, if any, to eligible former shareholders of WMI if Claims involving Disputed Equity Interests are disallowed."


In short...Escrow Cusips were issued to WMI Equity to facilitate distributing shares of WMIH common stock ONLY!!!