Mr Cooper Group Inc (COOP)

[Large Green]

NUMBER 6 of 7 WILL PLAY A VITAL ROLE IN OUR POTENTIAL DISTRIBUTIONS-THE DOTS ARE CONNECTING

Remember, WMI NOT to be confused with WMILT became a (DST) Delaware Statutory Trust around 3/8/2012 then became effective on the (ED) Effective Date of March 19, 2012

https://seracapital.com/1031-exchanges/the-seven-7-deadly-sins-of-delaware-statutory-trusts-dsts/

"The Seven Deadly Sins of Delaware Statutory Trusts (DSTs) Explained


***REALLY, REALLY REALLY LET NUMBER SIX SINK IN NOW***

6. All Cash, Other Than Necessary Reserves, Must Be Distributed To The Co-Investors Or Beneficiaries On A Current Basis According to the IRS regulations, DSTs are allowed to keep cash reserves on hand to cover emergency maintenance and repairs issues. However, they are required to share the earnings and proceeds realized from the DST to its beneficiaries within the agreed distribution date. This deadly sin prevents trustee misappropriation of funds and protects beneficiaries’ rights to receive their earnings promptly.


***NOW JUST READ THE FOLLOWING AND LET THIS SINK IN FURTHER***

required to share the earnings and proceeds realized from the DST to its beneficiaries within the agreed distribution date.





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