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If you received shares in the last distribution you are locked in and on the golden list for all future distributions. Easy. You don't need to do anything further other than to keep your account information with your brokers updated.
No Ray, The EC Gave Class 19 a Better Deal.
The History;
Your Series R (P) received $76 a year interest payment per share. Plus a performance payment of around ~$225 at the end of the year.
Three Million shares of $1,000FV equals $3B. Our Series R Claim.
Series R is non-accumulated, but perpetual from performance payments. With BK; the interest payments die, but not the performance payments. The trusts are backed by insured performing ABS.
You will not receive any back interest payments.
Your Expectation;
$76 x 16y = $1,216
Now add in FV of $1,000
$1,216 + $1,000 = $2,216
2.216X FV.
Because of the Retained Earnings created by the EC from the February MOR of $20.78B.
My Expectation;
Using FJR of 1.95%;
$20.78B x .0195(1.95%) x 16y = $6.48B interest generated on RE.
$20.78 + $6.48 = $27.26B
That’s 2.726X FV per share.
I have two reasonable data points to calculate the area under the curve.
My current conservative performance payments accumulation is 2.2X of FV over the past 15 years.
Just Smile!
2.726X + 2.2X = 4.926X per share.
The EC covered past interest payments from the RE with a bonus.
Same for TPS and Series K, but no performance payments.
LIBOR adjustments for all three.
Ron
Yep...Wow those top few people hold alot of shares...
JHD
Yes very true...
JHD
We went from April—-get your financial advisor——to the fall or the following year…guessing billions upon billions coming back….
Don’t worry about it!! The dam releases we signed are good for the escrow holders! Any other bull s…t brought on by posters here means nothing! Just posts by want to be attorneys!!! IMO
2011 - Messages to and from Equity Committee, counsel, regarding tax treatment of liquidating trust and related matters.
https://veritaglobal.net/documents/0812229/0812229120615000000000001.pdf page 23/27
Why communicating with EC about LT taxes back in 2011?.
Question for the Board:
If one released. signed and submitted, IS ONE REGISTERED?
IF so, where does one find this new CUSIP with the '3'?
Thanks
Stox and LP, Big Money Players for the last year or two had to be concerned about paying 45% or more in taxes starting 1/1/2025 should a certain party win the 2024 Election. So, that tells me the Big Money Players made some arrangements to have at least the taxable portions of our distributions by 12/31/2024 and the non-taxable could wait a bit longer if necessary.
To that end, I would say most everything concerning the distributions including Libor if necessary would need to be finalized by the November POTUS Election for taxable monies to be in accounts no later than 12/31/2024.
Only time passing and filings will show us the way forward...
..
I hope we see that 8-K soon too, now that at least the 2Q has ended June 30th. But I don't know what these Crooks at COOP and the Hedge Funds have in Mind as invariably the resolution for our "F&R Promised" seems to be 'Kicked Down the Road; forever...Thanks for your Post & GLTU!
LG, when is the potential date for Libor settlemt?
TIA
I am looking for $1000 + interest 16 years for my Ps. No 10,000 for Ps. But main question no one answers:
W H E N ?
DATE 28TH JUNE SOMEONE PRIDICTED NOW GONE WITH THE WIND!
I THINK MY DATE WILL HOLD .2050-1-1. I wish we get paid by this October but I don't know when LIBOR finishes.
Maybe he is selling to pay for summer vacations….to him coop is a cash cow
If we can get the 10 year below 4 we will have a nice jump!!!!
He also is trying to claim he did not sell all his shares at 50.00 and then claimed coop no longer matter….as an investor he did not see that coop could not go beyond 50.00……now he is all coop…
Well, you'd already have a lot MORE shares just from the rebalancing once it's done! 😁
Well it would be a no brainer to buy more if it goes to $50....and I am a no brainer. 😃
He sold before they add the 36M and the PPS goes to $50.
How about COOP just is not that interesting, known, exciting, sexy...
Its not AI, Big Tech, Pharma, Banking, EV, Crypto, hell... Its a boring ass Mortgage servicing company. Some people know where its origins are however, most do not have any idea. If they did, would they think the risk/reward of being a common COOP owner to have any special meaning?
Likely, the majority of Institutions buy it because its part of the big basket of stocks in an Index. Leon Cooperman knows what it is but he isn't out there pounding the buy button above what he has. We on the MB know but are mostly sitting on what we haven't sold, but really...how many COOP commercials have you seen? Kramer isn't interviewing J. Bray and screaming BUY-BUY-BUY!!! on CNBC.
COOP is one boring company. Its been a bad boy money maker from the $5 range up but outside the MB... not a lot of media play or mentioning on the financial shows...
Blackrock, Vanguard, State Street, Leon, Diamond Hill, they have some strong desire for our friend COOP but J. Bray is pounding that SELL button every month... and month after month. One might say oh well he is just trying to divest his large exposure and maybe that is true.
But why isn't there a line of investors clamoring to buy COOP? I think because there are lot more issues out there more enticing, more known, talked about, returning hefty $$$ to investors.
If you want to be the sexy girl at the party, then put on a dress and some makeup... don't stand against the wall talking about servicing a mortgage hoping someone will ask you to dance.
COOP should get an award for most likely to cause ED... LOL
Perhaps he is selling prior to possible dilution though there are alot of big holders not selling.
JHD
Split T, I agree as manipulating the 8K filing by several hours to several days to make it appear as dilution with no value added would not be smart for something they have blacked-out and covered up for 16 years.
I believe they will equate shares issued with assets which will allow for a substantial rise in share price simultaneously to the 8K filing
…
This should affect the PPS of COOP immediately..... Just out:
10 year Treasuries 4.435%
2 year Treasuries 4.737%
30 year Treasuries 4.607%
Xoom, I keeping asking myself why COOP would subject it's self to a PPS dilution and I just don't believe they will. They will look like geniuses if they meld new assets into the equation that offset adding back shares to the original share count. It's not hard to do!
There is no reason to subject shareholders to being screwed over once again. If they do, a campaign may rise up to out certain individuals for improper filings. Don't ask!
xoom, COOP's PPS on L2 is absolutely ridiculous, the Buy and Ask are for 1-2 shares with a spread of $.01. A few weeks ago I bought shares at market and had 31 separate trades to fill my order. It took over 10 minutes to fill the order. lol
For sure they have us in a tight holding pattern waiting to spring something on us....Good or bad!
NSDQ, CHXE, PHLX, Y, and BSE are on the bid and ask and are just passing the $0.01 baton back and forth. It appears we could hit $81.50, but it could just as easily be brought down to $79.00 if they wanted it there. Are they waiting for news on FDIC's LIBOR suit????
COOP 8K FILING ANY DAY FOR (VIC) VERY IMPORTANT CUSTOMER?
1) COOP has been hiding the name of this VIC and should come clean ASAP as well as coming clean with the monetization of XOME which I believe all may be connected
2) Similar to number one, why has COOP CEO Bray spoken many times about monetizing XOME but nothing happened in the last year or two...Bray just minimally discussed monetization of XOME but previous to this discussed heavily
3) COOP stock price seems to be going in the wrong direction and yes could be several things but remember COOP has been constantly undervalued since its inception and I believe for good reason which of course involves the Big Money Players
4) I believe this VIC will be divulged very soon which may involve those investors who signed timely releases and now own the former WaMu Estate
5) I believe a DST will play a vital role as those investors who signed timely releases by 3/2012 will be BENEFICIAL RECIPIENTS of a DST which may control the ownership of XOME and maybe our VIC
6) There are always some who see what is going to happen before it is publicly announced so these investors may sense dilution which could happen BUT these investors do NOT understand the value COOP may receive in exchange for potential preferred and common shares issuance for ownership of assets
7) I see a potential COOP 8K ANY DAY filing very soon that MAY answer many questions including potential distribution to those investors who signed timely releases by March of the year 2012
...
Interesting that you always make such a big deal about others having been 100% incorrect.
Your own track record is faultless - right?
You mean they are deep fakes!…
What if , market knows that the current price is the price with dilution baked in, and hence is not getting up to its actual value ? That’s another possibility of course.
AZ, thanks for your response, feedback and your expertise, very much appreciated! Your continual statement, "Know what you own," your phrase was and is the give away that shot down the 75/25 theory. because that statement only pertains to those holders of 939322 10 3 - "REGISTERED" common shares.
I'll just sit back, relax and watch this long drawn out and expertly planned fiasco unfold the rest of the way, BAM! Pay day!
~ JB92106' ZERO to do with the Acquired Sub, COOP', ... Yeppers, That "1" ?, Is Known Mostly For ... the continued presented' association with the now closed and finalized' wmi-lt, its 8-k's, pr's, incorrect' 75/25 sharing of distributions, support for the kool-aid flavored coffee filings, and daily promotions of same', ALL HAVE BEEN 100% Incorrect ... 36,297 times' ... ~
just sayin'
AZ
Bob,
AZCowboy is the one who has proffered the need to bring back the share count back to 100M.
~jb
Point is WHY are they NOT BUYING no matter WHAT IT SHOULD BE ??????
I'll give ya my opinion and have said this for 2- 3 yrs now, ""ADDITIONAL SHARES NEED TO BE ISSUED putting us back to 100 mill shares so as to complete a TRUE REORG of the company as well as get additional NOL's applied to us here""
ANd most KNOW that DILUTION is just around the corner
Because they have not shown all the assets boarded and not boarded
Big Jay is selling ....
Mr. Cooper Group Inc. (NASDAQ:COOP ) CEO Jesse K. Bray sold 25,000 shares of Mr. Cooper Group stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $80.93, for a total transaction of $2,023,250.00.
I see... and yet no one is willing to buy COOP at 80.xx ?
Volume = 57K, 12:10 EDT
Why?
👉👉👉COOP's only @ $80.xx, but FAIR PPS is $200+
Check COOP's current P/E ratio: https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP
COOP's trailing P/E is only: 8.44
COOP's forward P/E is only: 7.99
Financial Svcs. (Non-bank & Insurance)
The average P/Es are:
Current: 34.63
Trailing: 25.59
Forward: 25.54
LG i like your tenacity as mine. We should not give up and there is no point.
This may be another source of our value and receive shares of Brookfield
re-designation of our class A-1 exchangeable non-voting shares into class A exchangeable limited voting shares of our company (class A shares) and related changes to the terms of the class A shares that will result in no shareholder having the power to vote more than 9.9% of the class A shares, regardless of economic ownership. Shareholders will also be asked to approve the issuance of class A shares in… See more
Brookfield Reinsurance Announces Details of Upcoming Shareholders Meeting
BNRE.BROOKFIELD.COM
Brookfield Reinsurance Announces Details of Upcoming Shareholders Meeting
Brookfield Reinsurance Announces Details of Upcoming Shareholders Meeting
~ Suzuki, You Did Great Actually, Good Job ! ! A+ ... COOP' will fix the number of outstanding shares back to 100m shares out FIRST' ... and, a few tweeks' for you ~
Cowboy,
its clear you've made an extraordinary attempt to explain the difference of the two associated "WMI CUSIP" numbers, along with the potential payout numbers for those 939322 10 3's.
1. 939322 10 3 - "REGISTERED" Plan 7 Released wamuq' Common Shares, Are directly associated with (the WMIH acquired sub) COOP SHARES and bringing the number of outstanding shares back 100 million. YES The disbursement of the approximately 36 million shares will be evenly divided and distributed to the owners holding those UQ's (939322 10 3) that were registered. YES That divisible number could be as low as .04 and as high as .08, again dependent on how many were registered. YES ... and individually released and owned
2. Once the first item occurs, then and only then, the wamuq WMI "REGISTERED" common share 2012 signed releasing participants (I removed the reference to the wmi-lt) could potentially (Begin To See) see the release of accumulated Interest earnings, if and when that occurs the continued performing Trusts can continue to issue earned interest on a normal scheduled basis until maturity. YES
that sound about right? or did I completely bobble it? (You Did Just Fine)
Newflow, excellent points. You said the following.
So we did not have any claims and got a deal for $230 million approximately in reorg shares back in 2012 and still Restated and amended LT agreement is and secret since Jan 2020?.,WHY?.
————————————————-
Only one concrete reason to redact and fight Alice to keep the Restated and Amended LT Agreement totally secret. This actually involves those investors who signed timely releases by March of year 2012.
This agreement MUST contain some form of assets. We are Beneficial Recipients of a (DST) Delaware Statutory Trust put in place by Amended POR 7 signed by the court on February 23,2012, so we shall soon be advised accordingly.
…
Thanks, JHD. I will be speaking with my advisor next mid-week. It has been a long time but I know I signed the release.
But yeah crime pays
S&G got around $750 mm for Dominion against Fox.What we got is less than 1/3rd of Dominion and they call it significant?.Its a beautiful thing how they developed the legal system how businesses could down play behind Chapter 11.So we did not have any claims and got a deal for $230 million approximately in reorg shares back in 2012 and still Restated and amended LT agreement is and secret since Jan 2020?.,WHY?.
Nurse, you were better back in the day, waiting for $20 per common escrow.
https://investorshub.advfn.com/boards/profile.aspx?user=152089
Only JPM/COOP/FDIC/WMI/ know the answer to that question.
$10000/P share & $7.68/Uq share is awesome. But the question has been when will we ver see our money....
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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.
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
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