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BOARD WARNING: IH Admin [Shelly] 09/04/20 9:56 AM
Definitely all will be paid at the return wowalters 4 minutes ago
Maybe June 2023, maybe September 2023 or December PickStocks 17 minutes ago
I'm thinking tax date now...perhaps I am numb
Bullish
Bullish
jhdf51 46 minutes ago
Really Only 5 more Business Days in 2022 stoxjock 51 minutes ago
ONLY comment that was made was by HOSENUSAGAIN
Bullish
Bullish
BBANBOB 2 hours ago
"WMI HAD NO DEBT to speak of relatively goodietime 3 hours ago
NOW as to the 24 billion BBANBOB 3 hours ago
Somebody did and color claims was brought into PickStocks 3 hours ago
Quote: “there is a massive amount of money PickStocks 3 hours ago
People keep FORGETTING one thing BBANBOB 3 hours ago
EXACTLY! The Court could not /did not pierce the SamuraiProgrammer 3 hours ago
Good morning people, I don’t believe COOP is t1215s 3 hours ago
There are also many that have incorrect theology. wowalters 3 hours ago
This went way off topic and should stop BBANBOB 4 hours ago
Lex Seriously think about this
Bullish
Bullish
BBANBOB 4 hours ago
There is a DISTINCT difference in RELIGIOUS CONVICTION BBANBOB 4 hours ago
COOP's BOOK VALUE increased to $58.18 in Q3,
Bullish
Bullish
JusticeWillWin 4 hours ago
You are wrong , there is a massive wowalters 4 hours ago
Then this will fall right in line with
Bullish
Bullish
BBANBOB 4 hours ago
AGAIN The game is not over YET !!!! has BBANBOB 4 hours ago
The proof is in the fact that nothing LexTrader 4 hours ago
"""Not that you have any choice, when nothing
Bullish
Bullish
BBANBOB 4 hours ago
Not that you have any choice, when nothing LexTrader 5 hours ago
Not sure about you but, I CAN BBANBOB 5 hours ago
Yes correct, we may be flying on tail Ray_137 11 hours ago
EXO, you said the following. This is an Large Green 12/08/22 4:32 PM
I'm sensing desperation setting in, for any returns LexTrader 12/08/22 4:24 PM
Yep..no one knows...all I know is I have
Bullish
Bullish
jhdf51 12/08/22 4:24 PM
NO TRUER WORDS SPOKEN BBANBOB 12/08/22 4:20 PM
FDIC-R releasing our $$$,$$$,$$$,$$$.$$ by the end of exostatic 12/08/22 4:11 PM
Wow hardly any posts today. I guess people oniro3363 12/08/22 4:00 PM
Weekly chart===>3 Bullish Pennant BREAKOUT attempts up to now
Bullish
Bullish
JusticeWillWin 12/08/22 9:20 AM
Yes, and according to you, you have until Tdeank1 12/08/22 7:50 AM
Well yes, everyone knew it was coming. But sillyinvestor 12/07/22 9:20 PM
Yes. For those who are wondering what it said. goodietime 12/07/22 6:10 PM
CALLED HERO OR ZERO and imho there is BBANBOB 12/07/22 4:50 PM
These don’t have anything to do with WMIH right mypenneys 12/07/22 4:48 PM
Yes. Everyone with a TDA Account would have stoxjock 12/07/22 4:31 PM
Anyone else receive notice of the TD Ameritrade sillyinvestor 12/07/22 4:04 PM
I think the issue/confusion lies mostly in our vodkadejour 12/07/22 3:51 PM
99% is pretty strong conviction, thus I spoke vodkadejour 12/07/22 3:47 PM
VODKA WERE have you ever seen me waiver from BBANBOB 12/07/22 3:36 PM
VODKA HELLOOOOOOOOOOOOOOOOOOOO does this sound like you even give BBANBOB 12/07/22 3:31 PM
Well, I am not glued to this MB stoxjock 12/07/22 3:23 PM
T, thanks for the great reply, i'll read vodkadejour 12/07/22 2:58 PM
Great point.
Bullish
Bullish
jhdf51 12/07/22 1:41 PM
Good observation Bob. In 2014, they let it cookacrook 12/07/22 1:31 PM
JHD I still say THAT WILL NOT HAPPEN UNTIL BBANBOB 12/07/22 12:03 PM
That would be wonderful!!
Bullish
Bullish
jhdf51 12/07/22 11:56 AM
Good morning people, Hi Vodka, You asked for t1215s 12/07/22 11:32 AM
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IH Admin [Shelly]
09/04/20 9:56 AM
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wowalters
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Large Green
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BBANBOB
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Mr Cooper Group Inc (COOP)

Followers
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Posters
Posts (Today)
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Posts (Total)
699419
Created
11/07/07
Type
Free
Moderators Large Green xoom GO4AWILDRIDE stoxjock johnlconfer woodstock_guy25

Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®.  Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.

Upon completion of the merger between WMIH Corp. and Nationstar Mortgage Holdings Inc. on July 31, 2018, WMIH became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper), Xome and Champion Mortgage (Nationstar Mortgage LLC d/b/a Champion).

As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.

 

 U.S. Chart

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As early as late 2006, WaMu would begin to become a victim of what would eventually become the worst recession in US history since the Great Depression of 1929.  WaMu's aggressive business strategy would begin to unfold throughout the end of 2006 and become increasingly disastrous through 2007.  As housing rates were at all time highs before the recession began, WaMu would use its considerable leverage and assets to make large amounts of loans in both subprime mortgages and subprime credit cards.  The banking division of WaMu at one point before the end of 2007 had nearly 336 stand-alone branch buildings where various types of home loans were processed and approved.  WaMu would eventually over leverage themselves due to the high number of Adjustable Rate Mortgages (ARMs).  As the US economy slowed down, the number of home loan defaults began to rise in quick succession.  This coupled with the falling home prices throughout most of the US meant that even with foreclosures and the properties back in the hands of the company, they were unable to sell them back into the market, or were not able to derive enough revenue from the sale to cover the loan that was made on them.  In the mean time, the credit card division was also seeing a surge in the number of late and non payments being made.

By September of 2008, WaMu's stock price had fallen to $2 from its previous highs of around $50 just two years earlier.  Amid strong voices from the shareholders, then company CEO Kerry Killinger was dismissed by the company board.  In the meantime, the company went looking for a buyer for part of its banking division. WaMu had been unsuccessful in finding an appropriate buy until its seizure by the FDIC.  Overnight the companies banking division  was bought by JP Morgan Chase in a secret deal brokered by the FDIC for 1.9 billion dollars. Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc. WITH SHAREHOLDERS INTACT
WMI Equity Escrow Calculator

WMIH: Here's how old shares relate in value to the new shares.

1 WAMUQ = 0.03349842 WMIH
1 WAMKQ = 0.4950146 WMIH
1 WAMPQ = 19.8005825 WMIH
1 WMIH = 29.85215422 WAMUQ
1 WMIH = 2.020142436 WAMKQ
1 WMIH = 0.050503565 WAMPQ
 

 
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