Mr Cooper Group Inc (COOP)

[jerrylev]

Re: 2). When will beneficial interest assets from MBS Trusts return to WMILT? I don't know, but I'm willing to wait for as long as possible...and the IRS is waiting for another 3 more years to get its taxes from it.

Perhaps a little bit of clarification...

"the IRS is waiting for another 3 more years to get ALL of tis taxes from it. "

I hope that the LTI will distribute money it already has and distribute the rest in 3 years. We may have the IRS coming to our help, i.e. the trust has to pay tax as soon as it has money in its hand. It's like if you have huge income from the sale of stocks, you have to pay tax now every quarter but not wait until the end of the year to pay.

Just like my PIERS distribution, I received it in installments from 2013-2014 until now but I didn't receive one lump sum all at once.

And the LTI once it gives you LTI, it will pay interest at FJR on the money it has not paid yet, and so if we talk about billions of dollars then the interest money will add up albeit at FJR rate.