Mr Cooper Group Inc (COOP)

[AZCowboy]

~ BoardDork, The “PROOF” of the Separations of the Reorganized WMI Holding Company, now WMIH’ Are Everywhere ~

... The SEC Submissions, the First Day Filings, what the failed Plan “6” attempted, etc., etc., etc., ...

Your research is solid’ ...

As the WMI-LT, was working through the tremendous amount of original claims, filed against merely the “WMI Holding Company” , ... this submission, “sustained” by the Judge, is an interesting read ...

“WMB was using real estate investment trusts (“REITs”) as a source of funding and capital. In late 1999, each of the REITS became directly-owned subsidiaries of a holding company of WMI and changed their commercial domiciles from the State of Washington to Oregon”.

”The REITS, themselves, however, were not members of the Consolidated Tax Group and were not included in the consolidated federal returns. During the same period, WMI filed consolidated returns on behalf of the Consolidated Tax Group in Oregon as well. The REITS were not included in the consolidated Oregon returns. Thus, the income of the REITS from the REIT loans was not reflected in the consolidated federal or Oregon tax returns.”

http://www.deb.uscourts.gov/sites/default/files/opinions/judge-mary-f.walrath/wamu-v.oregon-otc-f12-19-12.pdf

... There are many avenues and examples of the “PROOF” of the segregated values held outside of the Bankrupt WMI Holding Company, now of course reorganized into the Current Parent Company, WMIH ... many of these submissions are merely filing segments of the complete actual entire company’s value, currently being filed through a “Registrant” and trading as symbol “COOP” ...

As a participant can read for themselves, ... this Particular Claim was sustained by Judge Walrath, due to the fact that the Claim was outside of the Holding Company’s BK’s, and subsequently then, outside of the Holding Company’s Liquidating Trust, the now thankfully completed WMI-LT ...

With the Cases now closed as of 12/20/2019 ... the REITS, ... should be able to properly function accordingly to the IRS 90% Rule as the year comes to an end ...

Again, Great Work

AZ