Replies to post #635950 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Sorry Gang just trying to inform as completely as I can

Important Dates Updates COOP merger, Libor Settlement and LT termination( :) )
Timeline update 10/12/12 all IMO

"August 1, 2007 – May 31, 2010 (Libor)
Class Period

9/30 End to request LT extension for 3/3021 (BK)

10/6 KCC list destroyed ? But maintained by the DTC and other intermediaries. (BK)

10/14 Movement of 1.5 Bil JPM possibly signal of settlement and 1st distribution by the DTC (Sec filing)

Why can't we just look for October 29th for a notification of closing???? on Feb 1st Closing (COOP merger)

10/27 DTCC Wealth Management Demos
Tuesday October 27 ,2020 from 1;00-2:00
Tuesday October 29 ,2020 from 1;00-2:00 PM ET

10/29 90 Days before closing date Feb 1st Closing (COOP)
10/29 Earning Announcement Cooper (COOP)

10/31 Finalize capital rule by end of October (F/F)

11/1 Final Rule prohibit post-trade name give up for swaps (F/F)

11/3 After election Heavy lifting restructuring (Government Equity) Equity of SPFA (F/F)

11/15 End of Net Worth Sweep Equity by mid November (F/F)

November 17, 2020
Deadline to Exclude Yourself from the Settlement Class (Libor)


11/28 (90 days) Event of Equity of the SPSPA (F/F)

December 2, 2020
Deadline to File Notice of Intention to Appear (Libor)

December 16, 2020, at 11:00 a.m.
The Court will hold a Fairness Hearing on December 16, 2020, at 11:00 a.m. to decide whether to approve the Settlements, the Plan of Allocation, and any requests for attorneys’ fees, reimbursement of litigation expenses, and service awards to the Class Representatives. Fairness Hearing (Libor)

December 28, 2020
Claim Filing Deadline Current Status Update 8-28-2020: The Counsel for Barclays has changed to Matthew Porpora of Sullivan & Cromwell LLP. (Libor and 90% Reit rule)

1/2 1st distribution Taxable in 2020 Receive in 2021 but taxed in 2020. (90% Reit rule )

1/20 (180 days) out of conservativeship (F/F)

1/20 Get it done by consent degree by President before the inauguration

Second Distribution ON or before end of LT March 2021 defunct

https://seekingalpha.com/article/4371483-no-timeline-extension-great-for-frannie-shareholders?fbclid=IwAR3_QJg3Naef8qiiPUgLYn71UT34Nnx9s2IIrKdP-twp_M-mAzhCasovbHk";;;;

https://www.bondholderliborsettlements.com/?fbclid=IwAR08if2iPiqpr4CNac48p0k8n8Cf3PBQ45llvqt8ckmCDty_K5kHY2u1KIA