Replies to post #488580 on Mr Cooper Group Inc (COOP)

[ron_66271]

LP, Escrows get

the Cash from "the Final Payment", and WMIH sees the CG-CL Tax responsibility as WMI's successor in interest. Dist 2018 violates five year Tax rule.

That is why the Receivership needs to close this year. This September is the last QTR FDIC to close and make dist in this year, and all current funds Distribute will come in Oct. WMILT must distribute all funds by Nov first. WMIH plans a M&A before the end of this year.


-> Damages, 'willful misconduct' = 3X <-