Mr Cooper Group Inc (COOP)

[Large Green]

**The WaMu Case**The "Beginning of the End Will Start Shortly" The REAL Story is About To Unfold!

AN EXCITING STORY IS ABOUT TO REVEAL ITSELF

WMIH/WMILT/Escrow Share/Tranches 5/6 plan must be literally hours to days away from a WMIH 8K filing showing the way.

Updated timeline using common sense diligence/facts – My view based on WMIH has announced! FACTS SHOW WMIH's Foundation Has Been Built - NOW ONLY DAYS/HOURS for WMIH's 8K Showing us the way forward-My View BASED on FACTS!

To think that Escrow Shares, WMILT, WMIH, NewCo/WMIH Shares authorized both commons and preferred are not directly and indirectly connected is just ignoring the facts and the common sense trail of connecting the dots. The reason for this may be how an investor invested within this investment of WaMu.

• As you know, Piers investors NEVER received NewCo/WMIH shares on multiple occasions and NEVER received our BELOVED Escrow shares BUT Piers investors did receive wonderful tax challenges for their investment.

An Investor CANNOT REALLY believe the reason WMIH has not purchased a platform of sorts in four plus years is because they could not find one...REALLY?

• More to the point, it all has to do with former assets being purchased from WMILT when the time is right and then WMIH more than likely will file an 8K showing some type of platform purchase along with former assets.
• AN EXCITING STORY IS ABOUT TO REVEAL ITSELF

• Updated timeline using common sense diligence/facts – My view based on WMIH has announced!

• 1/5/2015 – 600 million raised – deal closed

• WMIH annual shareowner’s meeting moved 7 weeks up to 4/2015

• WMIH reincorporated into Delaware

• WMIIC already incorporated into Delaware

• Once WMIH incorporated into Delaware WMIIC and/or WMIH will be merged together at some point prior to plan announcement or simultaneous to this

• According to Delaware law WMIIC/WMIH can merge – Either way does not matter

• 3.5 billion WMIH common shares authorized but NOT issued yet

• WMIH preferred shares increased from 5 million to 10 million authorized but not issued

• Two new Executives hired – one to be CEO and then his right hand counterpart

• Each Executive awarded 1.7 million WMIH shares each pending authorized asset (s) purchase

• All for the aforementioned pending WMIH annual Shareholderapproval

• Via 8K filing WMIH – Shareholders approve aforementioned

• Two new WMIH Executives specialize in distressed debt experience – purchase/sale

• If WMIH was going to grow by small entity purchases – they have had since 3/20/2012 – Nothing

• One either believes this is a scam or WMIH is setting the stage for former asset purchase/return

• Considering two new WMIH Executives have only been on board since 5/1/2015

• The Executives would need at least of 8 to 18 months before making ANY type of asset purchase

• I agree whole heartedly with the 8 to 18-month timeline for announcement of assets purchase

• WMIH files an 8K 10/13/2015 – discusses purchase of a division of a public traded company

• WMIH further discusses talks ended discussions but no mention of a failed attempt

• Since the 8K on 10/2015 a multitude of institutions piled into WMIH buying millions of shares

• Even though WMIH has advised they will merge WMIIC together – this has not happened yet

• Now here we are in August 2016 waiting on another 8K from WMIH to show us the way

• WMIH 2015 10K has been filed on 3/11/2016 – no further details on 11 million spent on acquisition that ended

• Vanguard has added 250,000 for a total 4.1 million owned shares of WMIH as of 1/31/2016

• Vanguard and others must have some inside contacts to have this many shares even for them

• The passing of time to me proves one thing – WMIH has no interest in growing organically

• WMIH has had since 3/20/2012 to buy small companies and obviously have had no interest

• My view WMIH going to be re-united with former WaMu assets via WMILT share exchange

• On 4/2/2016 The Steering Committee had a very positive PR

• On 4/4/2016 Judge Collyer filed her opinion in the ANNICO case letting JPM off of the hook - No Appeals - Finished - Done

• Employee Claimant’s case ORDERED closed 4/15/2016

• VANGUARD now has over 5 MILLION shares of WMIH as of 6/30/16, per NASDAQ. & some more have added

• WMIH's 10Q for period ending 6/30/2016 show and discuss the beginnings of the reveal that the term sheet settlement issues and also the 06/30/2016 reveal in the Q' that WMIH is beginning to dissolve WMIIC as extremely encouraging'

• The Federal Register reported today, August 18, 2016 that the FDIC met this week on August 16, 2016. It was a closed meeting. The links are below:

https://www.federalregister.gov/articles/2016/08/18/2016-19824/sunshine-act-meeting

https://www.gpo.gov/fdsys/pkg/FR-2016-08-18/pdf/2016-19824.pdf

• Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:00 a.m. on Tuesday, August 16, 2016, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision and resolution activities. (Shows FDIC more than likely used their Rubber Stamp)


• BRIEF-JPMorgan, FDIC, Deutsche Bank settle Washington Mutual suit Aug 19, 2016 Jpmorgan Chase & Co

http://www.reuters.com/article/idUSFWN1B00RR?feedType=RSS

http://blogs.barrons.com/stockstowatchtoday/2016/08/22/jpmorgan-chase-another-positive-legal-outcome/

JPMorgan Chase: ‘Another Positive Legal Outcome’

After Friday’s close, JPMorgan Chase (JPM) announced that it had reached a settlement with the FDIC and Deutsche Bank (DB) over Washington Mutual-related claims left over from the financial crisis. KBW’s Brian Kleinhanzl and Michael Brown consider the implications:

Elizabeth Shafiroff for The Wall Street Journal
On Friday, JPMorgan announced after the close that the company has reached an agreement whereby JPMorgan will be released from certain rep and warranty claims made by WAMU, and JPMorgan will also receive a payment to end the company’s claims against the FDIC for certain liabilities related to the acquisition. Overall, we view this as small positive but the impact to tangible book value is limited ($0.12/share).

Terms of the Settlement: JPMorgan and the FDIC were defendants in the Deutsche Bank National Trust Company lawsuit and Deutsche Bank still has the potential to pursue claims against the FDIC if desired. By our reading, JPMorgan will not be responsible for any further WAMU liabilities and JPMorgan will not pursue other claims against the WAMU receivership estate. Effectively, the outstanding risks or favorable settlements to JPMorgan from the FDIC are ended with the final payment of $645M.

Overall, we view the ending of WAMU claims as a positive for JPMorgan but the settlement proceeds do little to increase tangible book value and shares of JPMorgan still trade on TBV, in our view. We believe that JPMorgan was pursuing a multi-billion dollar settlement from the FDIC so the multi-million dollar settlement is lower but better than nothing. That said, the settlement is another positive regulatory/legal outcome for JPMorgan.

Shares of JPMorgan Chase have declined 0.2% to $65.71 at 10:29 a.m. today, while Deutsche Bank is little changed at $13.55. The SPDR S&P Bank ETF (KBE) has ticked up 0.1% to $33.03, while the Financial Select Sector SPDR ETF (XLF) has dipped 0.1% to $24.00.

• Yes, I truly love my Escrow Shares more everyday!