Replies to post #671928 on Mr Cooper Group Inc fka COOP

[dess66]

Ron,

No documentation. I gained this information through a phone call. I periodically call KCC, FDIC, WMILT, etc. to see if I can learn anything new. Every once in awhile you get somebody who will actually talk to you, as was the case here.

I would understand being skeptical without documentation. However, I don't have much to gain by making this up. I am part of the silent majority who does not post very often, but reads every post across multiple boards, and has been here since the beginning.

[Large Green]

The previously posted (PLR) Private Letter Ruling shows WMILT received a one year extension to dissolve by mid-March 2022. So, more than likely the following is true. No way they wait for much higher taxes to distribute.

Maybe, but this also coincides with WMILT that is now a DST that distributes all income earned for the year in December but in this case, I expect ALL income that has been withheld (hence 2.5 par cash & shares) for years due to bk cases and litigation not being complete until late summer of 2021 and yes the bk cases were terminated on 1/23/2020 but litigation remained until recently.

Only time passing and filings will show us the way forward. Even if it goes into March of 2022, almost there considering the time we have seen this drag out from 9/2008.