Mr Cooper Group Inc (COOP)

[ReikoBlack]

Pg. 13
http://www.wmitrust.com/wmitrust/document/8817600170728000000000001

"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."

"Wamu 1031 Exchange is set to dissolve by Dec 31"

Is there an estimate on the 'value' of this 1031 Exchange?

Where is this value going to?

All theories welcome.