Mr Cooper Group Inc (COOP)

[Large Green]

Billions of Reasons to be Totally Excited


I agree with Dmdmd2020 (Your IHUB MUST read post 504195 is fantastic), that something very large has already transpired and it happened during December/2017 more specifically on 12/8/2017and on 1/18/2018. Let us discuss the following timeline.


• 2nd quarter Q filing WMILT says they are going to dissolve WaMu 1031 Exchange by year-end 2017

• All along we know that the funding expires on 1/05/2018 and I posted a multitude of times during last part of 2017 as this was an indication this had to be dealt with and/or QA by year-end 2017

• We learn from WMIH on 12/8 - funding will be extended/new terms-Finalized on 1/5/2018

• Later in Dec/2017 we hear of multiple filings on 12/8/2017 happened that included the following:

1. According to the corporation registry of California, WaMu 1031 Exchange was dissolved on the 8th of December (WMILT entity) of 2017;

2. A Delaware 1031 Exchange opened on 12/8/2017

3. - on exactly the same date Long Beach, Wamu Capital Corp, WMMSC, WMAAC and another entity (former WMB entities) merged into JP Morgan according to corporation registry of California;

4. - 3 days later on 11th of December 2017, Deutsche Bank informs the WaMu securities holders, the so-called "investors in the MBS Trusts" via Globic that a distribution will be made in 2018

• We learn on 1/18/2018 WMIIC is dissolved, then 2/13/2018 WMIH announces the merger with NSM

• Please understand the reason WMIIC does not show any assets is that the assets are NOT RECOGNIZED or REALIZED to the court due to WMIIC-s assets are Bankruptcy Remote/Safe Harbor protected from Creditors as sanctioned under the FDIC/Safe Harbor legalities

• On 7/31/2018 merger with NSM finalized and closed and since 7/31/2018 there have been 5 WMIH 8K filings plus three others which shows we are moving at light-speed now that things seem to have been released allowing WMIH to move forward

In relation to the aforementioned filings let me tie in the (DST) Delaware Statutory Trust’s meaning which I believe shows where the wealth has been transferred to and yes, as shown, the DSTs

"The Delaware statutory trust described above is an investment trust, under § 301.7701-4(c), that will be classified as a trust for federal tax purposes."[8][9]

"[M]ay a taxpayer exchange real property for an interest in a Delaware statutory trust without recognition of gain or loss under § 1031 of the Internal Revenue Code?"[8][9]

"A taxpayer may exchange real property for an interest in the Delaware statutory trust described above without recognition of gain or loss under § 1031, if the other requirements of § 1031 are satisfied."[8][9]

What was exchanged?

As set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.

******Now information on DSTs or Delaware Statutory Trusts******

1031 is a way to postpone capital gain ( also a loss ) by rolling it into another investment to avoid tax. Ask yourself: LT as a pass thru why would that matter?

A DST is an investment entity that:

Delaware statutory trusts are formed as private governing agreements under which either (1) property (real, tangible and intangible) is held, managed, administered, invested and/or operated; or (2) business or professional activities for profit are carried on by one or more trustees for the benefit of the trustor entitled to a beneficial interest in the trust property.[2]

Delaware Statutory Trusts for 1031 Exchanges:
Long-Term Holding Periods. These investments are usually designe,d for long-term holding periods, usually 5-10 years; a DST is thus not suitable for an investor who just wants a place to temporarily “park” his money while waiting for some other investment to come along.

Non-Liquid
A DST investment is an investment in real estate and considered illiquid. Although investors have the right to sell their interest at any time, there is no established secondary market. Investors should be prepared to hold their interests until the disposition of the property.


I feel very good with the due diligence put together by many that I want to share my friend’s friendship (the following link) with other happy investors who signed timely releases by 3/2012 – It has been a very, very long and challenging road for which I would like to thank ALL involved!