Replies to post #502911 on Mr Cooper Group Inc fka COOP

[mgmuc]

newflow - where is the response coming from ?

[BBANBOB]

IN BLACK AND WHITE thank you NEWFLOW

[Civil War General]

Not on the KCCLCC website that I can see.
Link please for verification?

[newflow]

MY QUESTION TO LT & RESPONSE

Q: as per state filings, WAMU 1031 EXCHANGE was dissolved on 12/8/2017.What happened to the subsidiaries merged into WAMU 1031 EXCHANGE and their equity interests.Will there be a distribution for the former equity holders of WMI , as the assets have been wounded up.Thank you.

RESPONSE
"The cash generated by the aforementioned subsidiary mergers and dissolution, as the case may be, is being held by the Trust and will be utilized by the Trust to fund operational expenses and/or distributed to the Trust’s beneficiaries in accordance with the distribution priorities (a/k/a the “waterfall”) set forth in the court-approved plan of reorganization. Thank you."

[Bizreader]

Straight talk.

[footballref-8541]

This doesn’t sound like the 660 million that DB received. It’s something else. Thank you for following up.