Wyndham has been really slowing down on the take backs. From the discontinuation of Limited editions, putting all converted fixed weeks on the not accepted list and even reports of those with Pathways being told that there was a temporary hold on starting the process. The 2 next steps, I imagine, wyndham will do is not accept empty contracts back unless perhaps you are willing to pay the whole year's MF's and even possibly not accepting resale back.
Your current understanding is correct based on the current policy but there is absolutely no guarantee that will still be the way this time next week let alone 2-3 months down the line. If getting out is you priority you may want to do it sooner rather than later, because things have already changed pretty drastically in the last 6 months.