Monday, March 06, 2023 9:53:24 AM
"Everything" Needs To Be Read' ... not just the "feel good parts" ... the Mr Cooper Group (COOP) is a Sub of a Sub (WMIH), ... of (XXXX) ... ~ Know What You Own ~
~ COOP WAS The "Tell" ~ ... WMIH CEO' Gallagher's Ride Has Ended', from $5.00 pps to $46.00 to $50.00 pps ... the Mr Cooper Group is merely a Servicer' ...
Here It Is; ... right' ? ...
"In addition, in the case of any Liquidating Trust Beneficiaries that are not U.S. persons, the Liquidating Trustee may be required to withhold up to 30% of the income or proceeds allocable to such persons, depending on the circumstances (including whether the type of income is subject to a lower treaty rate). Such withholding is not dependent on the Liquidating Trust distributing any cash or other proceeds. The Liquidating Trustee may also place such withholding in an escrow pending a determination as to whether the withholding is required under applicable law.
To avoid unnecessary withholding, each U.S. holder is required to properly complete and return the Substitute Form W-9 included at the end of this Ballot, certifying that such holder is a U.S. person, that the TIN provided is correct, and that such holder is not subject to backup withholding, as per its instructions. Exempt persons should indicate their exempt status on the Substitute Form W-9 as per its instructions. Each non-U.S. holder is required to complete and return the applicable IRS Form W-8 (W-8BEN, W-8ECI or W-8IMY, as applicable), signed under penalties of perjury, certifying the holder’s foreign status. These forms may be obtained from the IRS website (http:/www.irs.gov). Holders should consult their tax advisors as to any qualification for exemption from backup withholding, or a lower rate of U.S. withholding under an applicable treaty or exemption, and the procedure for obtaining such exemption.
Tax forms must be sent to your Voting Nominee, along with the completed Beneficial Holder Ballot. In order to receive a distribution from the Liquidating Trust, you must provide the requested tax information in a timely manner so as not to forfeit your distribution. See Plan § 28.14(c)."
http://personal.fidelity.com/misc/wamu/WAMU-Class-02-Beneficial-Ballot-939322-AP-8.pdf
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Again, this only applies to a potential "wmi-lt" distribution, which IS NOT going to happen' ...
just sayin'
AZ
Recent COOP News
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