Replies to post #727724 on Mr Cooper Group Inc (COOP)

[Large Green]

Newflow, as usual great info and thanks for sharing. You said the following.

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In other words, the book-entry records are the definitive source for determining the legal holders of the beneficial interests in the Liquidating Trust. The person or entity recorded in that system as holding a particular Liquidating Trust Interest will be treated as the owner of record for that interest under all relevant U.S. federal and state laws governing such matters

Page 7 "EVIDENCED BY BOOK ENTRY"
https://www.sec.gov/Archives/edgar/data/933136/000090951812000099/mm03-1212_8ke101.htm

SO NO NEED OF ISSUING LTIs.IMO THOSE ENTRIES SOURCE WAS BALLOTS AND W-9 SUBMITTED BY FORMER SHAREHOLDERS WHO SIGNED RELEASES.

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So, the difference is one set of investors received LTIs and one set of investors are in the Book-Entry system.

Now the big difference is those investors who received LTIs were those investors who were receiving monies in the active BK cases and those investors who WILL RECEIVE Beneficial Interests in the assets protected and in SAFE HARBOR so

1) Investors who received LTIs equal active bk cases

2) Investors who will receive monies outside of BK cases equal Safe Harbor/BK Remote protected assets


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