Mr Cooper Group Inc (COOP)

[Large Green]

stox, I believe EOY 2021 due to IRS rule on simple trust requiring mandatory distributions of all income during the taxable year unless the trust decides to use the 65-day rule. This rule gives the right to distribute within the first 65 days of New Year as if it were dispursed on or before the last day of the previous year.

Due to all litigation being over for the last few months, it would seem they would NOT need to use the 65-day rule BUT they could should something develop. However, WMILT could still be dissolved by the expiration of WMILT by mid-March 2022.

I believe the SOURCE will be correct in that we get cash and share distribution at the same time then the WMILT proceeds to dissolution before WMILT expires in mid-March of the year 2022.