Replies to post #645145 on Mr Cooper Group Inc fka COOP

[jjflash49]

Thanks AZ. It is interesting. Yes the proof of assets generating the interest is there. I don't like seeing that the interest was being used, but that's the reality. Just what and when is going to happen next is a waiting game. hopefully they will tip their hand at some point soon.

[Tradeinman]

But if, we owned “P’s” and they were managed by a subsidiary that was never involved in BK, then that interest was rightfully ours. Wasn’t it?

How could they just arbitrarily decide to grab the interest, ours, and use it the way they wanted. The subsidiaries that are actually sister companies to COOP, have no right in being used for the reorg company COOP.

Wouldn’t that money still be owed to us?

If not, why do we have escrow cusips for “P’s” in the first place if the funds in the cookie jar are going to be used in ways other than paying us?

If in fact we are not due any of that interest they took, then we have no chance of getting a penny for anything. P’s, K’s or U’s.