Mr Cooper Group Inc (COOP)

[boarddork]

months before WMIIC was administrative dissolved, its assets were 'eliminated upon consolidation' which is an accounting term for severing the consolidated accounting between the parent and subsidiary.

WMIIC was able to go dark and move incoming asset interests, and transfer its future interest into another entity outside of its parent, as they were no longer reporting on a consolidated basis. No one could publicly see anything being transferred, except those gutting WMIICs future income interests.

After time passed, and money/interests moved, then WMIIC is finally dissolved. There was purpose to the delay between 'elimination upon consolidation' and when it eventually was administratively dissolved.