As AZ has posted, investors interests are calculated on an annual basis. With WMIH CORP (trading as COOP) finally exiting BK in 2020, safe harbor protections evaporate, and the normal rules apply for the trusts who are obligated to manage investor’s returns. 90% has to be returned to investors now on an annual basis. That is the trigger. This should happen finally on an annual basis.
90% of acculmulations + interest lump sum from over the last 10 years, plus receive ongoing annual returns into the future until maturity. Plus whatever Coop stock does. 3 things to look forward to
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