Replies to post #648980 on Mr Cooper Group Inc fka COOP

[onward2victory]

Thanks AZ.Always good to hear from you.

[novascotiaSTS]

As you are quoting from the FAQ, why dont you also quote from the answer to Question 1

1. What is the WMI Liquidating Trust?
WMI Liquidating Trust (the “Trust” “WMILT” or “Liquidating Trust”) was originally established to serve as a mechanism for liquidating, converting to cash and distributing the Liquidating Trust Assets (as further described in these FAQs) to the holders of beneficial interests in the Liquidating Trust (the “Liquidating Trust Beneficiaries”).

Its very clear that TRUST is a reference to the WMI LT (its actually written in black and white), so when the FAQ mentions that Escrows were issued by the TRUST they refer to the WMI LT.

And not the DTC.

[Bizreader]

My trading account has my original number of shares I purchased; P, K, and U's.

The CUSIPS have never changed and so I have no indication that my shares have been reduced to a factor dictated by the bankruptcy court to approve plan 7.

I expect to receive value for my shares as they appear in my account, which is much greater than the reduced number, meaning the factored number meant to reflect fair and reasonable within the first bk of WAMU bank.

The original purchased shares, which were always part of the holding company and never part of the bank, are still also registered with the DTC, I'm certain. My broker knows the difference, apparently.

I'm expecting to receive value commensurate with a fully valued return on my original purchases made in October of 2008 because my broker has my shares labeled and "escrowed", or whatever, just as they appeared 12.5 years ago.

Explain why I'm mistaken please.