Replies to post #720961 on Mr Cooper Group Inc (COOP)

[KeyKey]

Yes, it's understood. Good explanation.

However there is still the question left:
Will there be further payments or distributions .. Yes / No ?

And I'm also interested in knowing the timeline :-)

[newflow]

Your original Shares in WASHINGTON MUTUAL, INC., got you your escrow position inorder to receive WMIH left over shares in disputed equity escrow."escrow" is tjhe keyword here.And at the same time Your original Shares in WASHINGTON MUTUAL, INC made you a beneficial owner of the LT during Liquidation because WMI was a solvent debtor and assets were transferred to WMILT.

[LuckyPanda]

This is what I have been suspecting all along. I dont think you need to release to receive returns from remote bk assets. I think all shareholders on record at the time of share cancellation will receive returns. There was a period after the release deadline, where I saw a lot of shares being traded around 3 cents. Why would people be buying if they already missed the release deadline? I think the release is tied only to shares of WMIH and not remote bk assets. How can you sign away rights to assets in remote bk that were not disclosed during bk?