Mr Cooper Group Inc (COOP)

[Large Green]

The WaMu 1031 Exchange is Key to Time-frame of WMIH Moving Forward – Hidey Hole of Sorts – Yeah!

• 600 million funding expires-must be returned to investors 1/5/2018 if QA not accomplished

• If no QA, then at least by Halloween 2017 WMIH should release 8K to discuss funding

• WMILT – 2nd set of 3-year extension expires 3/19/2018

• If WMILT wants to extend – Court hearing/approval a must

• WMILT must file 6 months prior 3/19/2018 as before-Mid to late Sept-Allow court time

• Currently, only one remaining subsidiary – that is WaMu 1031 Exchange

• This is expected to be dissolved by 12/31/2017

• Please see below what a 1031 Exchange can accomplish

• One can condense timeline due above facts

• Timeline based on previous facts when WMIH files 8K moving forward follows

• That timeline is between 9/20/2017 and 10/31/2017 in my view

*WaMu 1031 Exchange*Why Leave One Sub Open hm, hm

Note 9: Investment in Subsidiaries Since the Effective Date, the Trust had five (5) dormant subsidiaries without any active business operations. The subsidiaries adopted a plan of liquidation in October 2012. The assets held by these subsidiaries were comprised solely of cash and cash equivalents. On June 23, 2017, four of the subsidiaries were merged with and into the last remaining subsidiary, WaMu 1031 Exchange. Prior to such mergers, such subsidiaries distributed their remaining cash to the Trust. The Trust received $444,333 on June 27, 2017. The last subsidiary, which no longer has any assets, is expected to be dissolved by December 31, 2017.

From 78 to 93 million in till-No payoff for Piers-Left impaired?

http://www.wmitrust.com/wmitrust/document/8817600170728000000000001

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=9262133

Consumer Finance
Company Overview of WaMu 1031 Exchange, Inc.
WaMu 1031 Exchange, Inc. operates as an exchange intermediary for 1031 tax-deferred exchanges in the United States. Its services include preparation of exchange agreements and other necessary documentation, management and disbursement of exchange funds, coordination of the exchange with settlement providers, and general exchange assistance to exchangers and their advisors. WaMu 1031 Exchange was formerly known as Lawyers Asset Management, Inc. The company was founded in 1977 and is headquartered in Manhattan Beach, California. WaMu 1031 Exchange, Inc. operates as a subsidiary of Washington Mutual, Inc.
3601 North Aviation Boulevard
Suite 1000
Manhattan Beach, CA 90266
United States
Founded in 1977
Key Executives For WaMu 1031 Exchange, Inc.
WaMu 1031 Exchange, Inc. does not have any Key Executives recorded.