Replies to post #690167 on Mr Cooper Group Inc (COOP)

[ron_66271]

During An Eclipse a Body Goes Dark.

WMI Holdings Corp (Inc) went dark!
“WMI Holdings Corp (Inc) is no longer” the Registrant for the stock.

Please save your money. Plan 7 documentation was all about paying off the Creditors which it did! Done, completed!!!!!

The now Active WMI Non-Debtor Subs are not at COOP. Ex; WM Citation, H. S. Home Loan.

AAOC P6 “hide the Sausage” lives in WMI Holdings Corp (Inc) as a private company holding the Trust assets.

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The Derivative market regarding the RMBS still needs to be fixed.


Things are hidden but still accounted for.
Ron

[newflow]

LG: I AGREE THAT SOME THING TRIGGERED ON DEC 31 2021 ITS EITHER CONSOLIDATION OR MERGER
https://delcode.delaware.gov/title12/c038/sc01/#3810.
§ 3810. Certificate of trust; amendment; restatement; cancellation.
(d) A certificate of trust shall be cancelled upon the dissolution and the completion of winding up of a statutory trust, or upon the filing of a certificate of merger or consolidation if the statutory trust is not the surviving or resulting person in a merger or consolidation, or upon the future effective date or time of a certificate of merger or consolidation if the trust is not the surviving or resulting person in a merger or consolidation, or upon the filing of a certificate of transfer, or upon the future effective date or time of a certificate of transfer, or upon the filing of a certificate of conversion to non-Delaware other business entity or upon the future effective date or time of a certificate of conversion to non-Delaware entity or upon the filing of a certificate of division if the statutory trust is a dividing statutory trust that is not a surviving statutory trust or upon the future effective date or time of a certificate of division if the statutory trust is a dividing statutory trust that is not a surviving statutory trust. A certificate of cancellation shall be filed in the office of the Secretary of State and set forth:

(1) The name of the statutory trust;

(2) The date of filing of its certificate of trust;

(3) The future effective date or time (which shall be a date or time certain) of cancellation if it is not to be effective upon the filing of the certificate; and

(4) Any other information the trustee determines to include therein.

A certificate of cancellation that is filed in the office of the Secretary of State prior to the dissolution or the completion of winding up of a statutory trust may be corrected as an erroneously executed certificate of cancellation by filing with the office of the Secretary of State a certificate of correction of such certificate of cancellation in accordance with subsection (e) of this section. The Secretary of State shall not issue a certificate of good standing with respect to a statutory trust if its certificate of trust is cancelled.

As the lawyer and this code suggest that WMI LT had to file certificate of cancellation upon complete wind-up and liquidation,but that was not the case.Wind-up was continued......hmmmm?
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Other cases are MERGER OR CONSOLIDATION, may that was case and LT filed for Certificate Of Cancellation on Dec 31, 2021 and continued winding up activities.IMO.

[newflow]

Contacted WMILT: " a certificate of cancellation for a Delaware statutory trust is generally filed when the trust has no remaining assets and has completed its winding up and liquidation."
Sent a message to WMILT about the above thru whatsapp.No response,but profile picture was deleted in few seconds.