Mr Cooper Group Inc (COOP)

[PickStocks]

When did he buy RKT will tell the picture...

[jhdf51]

Thank you! Not certain but here’s a guess.
Buying into Mr. Cooper group could be seen as a risk if the deal doesn’t go down. Also, if it were me I’d wanna show my complete allegiance to the company I’m buying and not play it like an arbitrage.

Obviously, he’s purchasing rocket because that’s where the future lies not Mr. Cooper group.

Building more credibility and perhaps board influence if he wants to be on the board. Seen as not being a “schemer” imo.

JHD

[Large Green]

BBANBOB, BIG MONEY PLAYERS like these certainly would not miss a simple math equation like this, so what is the answer...stay tuned as there is more to come as there is no way they purposely left 25% os so on the table.

...

[BBANBOB]

JHD

Splain me or us , WHY HE BOUGHT RKT and NOT COOP simple math is simple math and it don't add up do it

Oh and You the wifey kids and MOM have a good holiday

[Royal Dude]

June 1, 2025 in arrears payment time from June 1st 2024

https://www.sec.gov/Archives/edgar/data/19617/000119312524060114/d745782dfwp.htm?fbclid=IwZXh0bgNhZW0CMTAAAR2fQPHDjWAYf1UAt3P4fZhPhs0Dl2nEkxmp96pgyq1fnvklwUqVSHOkRHQ_aem_AcpNgPfPU6c2vV6MlnemLqH_9scnLU_n3Tr71K_CECjQtrboGM52rKbMFIQpOCfuYsUYVRZlsRrthVX72YkNQtZx

[jhdf51]

Yep but I am betting with Mason (ValueAct) who bought a 9.9% stake in Rocket..
I am looking for a $30 share price in a couple years providing rates come down.

JHD

[DarkB4Dawn]

$2.00 close two days in a row? that is some tight control or as BB likes to say a "kowinkident". The OTIS up/down action seems to be to shake those diamond hands. From our high and possibly 2 rate decrease by EOY we should easily be able to achieve 145 and a 10% premium would put RKT at ~155.6. Divided by 11, $14 ish for RKT plus a $2 div for COOP would bring that to an adjusted $157.5 or $14.31 RKT. That is about a 19% premium for COOP based on the $132.5 high.

1. Is that enough
2. Would that pass a vote
3. Is the combined company(s) Rocket-Redfin-Mr. Cooper an AI growth engine as speculated by RKT.

6 months to see how the wind blows in the housing market but based on how COOP has done so far... 18.8% premium doesn't seem like much of a payday for commons. Maybe J. Brey and the C suite will do much better.

Personally, I would rather keep marching down the share buy back road with COOP based on how its done in the past.

Who knows, maybe a diamond waiting to be found.

https://www.dictionary.com/e/slang/diamond-hands/


Go COOP and have a safe weekend.

DB4D

[StarryChimera74]

$125 above and holding. Think June/july to grow a bit more

[BBANBOB]

TO ALL HAVE A GOOD MEMORIAL DAY WEEKEND and remember those that gave their ALL for our freedom

[BBANBOB]

I have suggested for yrs on end, that WMI F&F and LEHMANS will at some point in the future JOIN RANKS

Funny that all seem to be moving right now in one way or the other

[ron_66271]

Currency and Credit Derivatives.

$728 Trillion.

https://www.usdebtclock.org/#



Ron

[jhdf51]

Well, I’ve already said that you’re an intelligent guy, but I don’t believe derivatives place as big part as you believe however, in the end, iF you can tie this all into derivatives and we get paid…then my hats off to you.

JHD

[ron_66271]

The Same Applies to WaMu.

My post to F&F.


What Bill Ackman Understands the Derivatives!

That Few of us understand.

Why did Bill remain in F&F for so many years?
Because he knows who needs to pay up.

The Derivative Insurance Contracts need to pay up for the RMBS losses as required.

The TBTF Derivative Market writers has not settled yet regarding the Derivative Market Meltdown of 2008.

TBTF Derivative writers are on the hook to make payments to our RMBS holdings.

The payments makes and frees up WaMu, Lehman’s, and F&F from government regulations.
Therefore the accumulation of performance payments can be distributed to CERT holders.
Us!

~2.2X to Preferred holders, minimum!

WaMu, Lehman’s and F&F invested in their own, and others offering as CERT holders.


LIBOR Litigation is all about settling Derivatives.

SWF is about TBTF Derivatives obligations, not F&F.

F&F has settled with the government.



Ron

[PickStocks]

Looks great we still above 125.00

[Large Green]

MadBadger, great post and you ask the following.

Now the question is, “is this the Wind Up of WMI, INC

______________________________________

My view, ABSOLUTELY and HELL YES this is the WIND-UP, and could be by another name, but more than likely a DST is part of this, so DST WMI, INC. works until we see an official new name

I, too, believe the first INDIRECT piece of evidence showing forward movement was the 3/31/2025 8K filing discussing the merger with RKT buying COOP, closing in the fourth quarter of 2025

...

[Gmenfan]

Hi folks, I've been a board member since the beginning of the WaMu debacle. In fact Wing Walker was a big proponent of buying WaMu bankruptcy stocks back then. Most of you folks are miles ahead of my knowledge of the ins and outs of the market.

I've been riding the wave since then, don't have a crap load of shares like most of ya but did sign off years ago.

So my question is, could Fannie Mae and Freddy Mac have any bearing on the situation that's being discussed with Mr. Cooper and Rocket?

Just asking so don't beat me up too much?

[PickStocks]

Thank you!!!!!

[MadBadger]

Pick, you’re welcome. I know my answer is not in line with what has been speculated, but when you look at WMI(Direct Parent) and it’s (133) Subsidiaries. (2) of the Subs WMB and WMBSF Jurisdictions were Federal, while the other (131)Subs’ Jurisdictions were across the United States.

It has been documented that WMI is the Direct Parent but as far as the Ultimate Parent I’m not sure, due to the fact that the information is guarded. I just wanted to clarify that with you.
When you go Down the Rabbit Hole of Complex Corporate Mergers, you realize nothing is what is Marketed to be. The real truth is obscured with the help of Filings and Jurisdictions.
When you understand the Schematics and Inner Workings of how the System Operates , you’ll realize and come to the understanding that it’s Global and you are not even a Ripple in the Ocean. I’ll use the word Microscopic.
I’ll speak for myself, in comparison, I’m Dwarfed, not even on the Radar.
Still, I do understand that there needs to be (2) Directors on the Board and their term ends when they(the company)pay or set aside to pay quarterly dividends for 4 consecutive pay periods. Not if, but when that happens know that it’s part of the Agreements and Amended Plans. 2026 timing coincides with Graphs and Time Frame presented in the 2014 Citi/KKR Agreements. I’m just sharing, the numbers are adding up.
Now the question is, “is this the Wind Up of WMI, INC?”

[JusticeWillWin]

=======>COOP is a 100% BUY @ barchart.com

See: https://www.barchart.com/stocks/quotes/COOP/opinion

[serafino1]

Mr Ron,
Having read a lot of your news and other information in this room, I think that perhaps I may be wrong, but I believe that you have been, or still are, an involuntary participant in the construction systems of various societies.
The information you provide gives me the impression that you have spent your working life in the financial sector, or at least in the US.
You provide very detailed procedural information.
Considering there are certain tomato-nosed individuals working here, I am amazed that you have the patience to discuss this with us.
I gladly read your arguments.
XXXX

[serafino1]

It's going to be a red-hot Friday, as Mr Trump has acted again.
After all, this is nothing new.
Both the US dollar and the Canadian dollar are depreciating significantly. Keep an eye on the EUR window!
Today, even COOP may be going for a swim; it is becoming volatile, as is KRYPTO.

[t1215s]

Good morning people, Hey sunny This one time only , Like I care what you think, get lost for another 12 yrs, now you can have ur bs reply WITH NO REBUTTAL FROM ME EOS……

To the rest have a great holiday weekend with family & friends and remember

Peace-Ts

[ron_66271]

F&F JPS Should See 2.2X Above Face, Minimum.

The securities are over-funded, and backed by performing mortgages held in Trusts. Topically the JPS made made interest payments and one Performance Payment at the end of the year.
That Performance Payment has been accumulating in a Delaware Statutory Trust for future distribution.

Same thing with WMI/WMB, and Lehman’s.

WMI/WMB over-funded their bonds and Preferred by a factor of two.
That is why we have not seen any litigation for Put-backs into the Trusts to cover the mortgage in default.


Please see my reply to post.



Ron

[newflow]

"THEY FAILED WELL" wink wink?. Tell us 2020 appointed Administrators using new private RALTA and parties there to?.
https://www.linkedin.com/pulse/tenth-anniversary-largest-bank-failure-us-history-peter-freilinger
https://theessenceofwater.com/anniversaries/

[BBANBOB]

I've not seen very many times that DJT has said something like this that didn't happen.

"""Donald Trump said he will make a decision in the near future about taking Fannie Mae and Freddie Mac public, a move which he said he is giving “very serious consideration""":

[sunshinevibrations]

It sure would help us mere mortals if you would explain what you're saying instead of just posting the numbers and riddles.

[t1215s]

OT ? Donald Trump said he will make a decision in the near future about taking Fannie Mae and Freddie Mac public, a move which he said he is giving “very serious consideration”.

In a post on Truth Social, the US president said he will speak with the treasury secretary, Scott Bessent; the commerce secretary, Howard Lutnick; and the federal housing finance director, William Pulte, about doing so.

He added: “Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!”

A trader at the New York stock exchange
US credit rating downgrade could add to pressure on government debt

These two companies are the backbone of the US housing market. Together they support about 70% of US mortgages.

Fannie and Freddie, which operate as for-profit corporations with private shareholders, were created by the US Congress to expand the national home lending market by buying home loans from private lenders and repackaging them as mortgage-backed securities.

When the housing market collapsed in 2008, Fannie Mae and Freddie Mac suffered overwhelming losses. To avoid catastrophic effects for the US economy, they were placed in conservatorship under the newly created Federal Housing Finance Agency.

Gary LaBarbera, president of the Building and Construction Trades Council of Greater New York and member of the Housing for US coalition, on Wednesday called on Trump to invest the expected $250bn in proceeds from the sale of Fannie Mae and Freddie Mac into middle-income housing, after the president announced he’s moving forward to release the government-sponsored enterprises from conservatorship.

“President Trump is right to free Fannie and Freddie. But even better, let’s use the proceeds – some $250bn – to build middle-class housing for American workers by American workers. Housing for US stands ready to work with President Trump to make it happen.”

Previous attempts to rid government control of the organizations, including under Trump’s first term in office, were unsuccessful.

In February, Bessent said the release of Fannie and Freddie from their conservatorship would depend on mortgage rate implications.

“The priority for a Fannie and Freddie release, the most important metric that I’m looking at, is any study or hint that mortgage rates would go up,” Bessent said in an interview with Bloomberg.

https://www.theguardian.com/us-news/2025/may/21/trump-fannie-mae-freddie-mac

Also->>>>
https://media.stocktwits-cdn.com/api/3/media/4045880/default.jpg

Thanxs goes to TRADERDANTI on BP

Also

Fannie Mae and Freddie Mac could potentially go public, though it's not a guaranteed certainty. The idea of privatizing them has been discussed for some time, with recent reports suggesting President Trump is "giving very serious consideration" to the matter.

Here's a breakdown of why it's being considered and the potential implications:
Reasons for considering privatization:

Government control:
Fannie Mae and Freddie Mac have been under government control since 2008, following the financial crisis.
Potential for deficit reduction:
Privatizing them could generate revenue for the government by selling off its stake, potentially reducing the national deficit.
Return to taxpayers:
The money generated could be used to reduce the national debt or return funds to taxpayers.

Strong financial performance:
Both entities have been profitable and generating cash, making them attractive for privatization.

Potential challenges and concerns:
Mortgage rate implications:

Experts warn that privatization could lead to increased mortgage rates as investors demand higher returns.

Complexity of unwinding government control:
Privatization would require a complex process of unwinding the government's current ownership and control of the companies.

Market reaction:
Any perceived or real disruption to the secondary market for mortgage-backed securities could have significant economic consequences.
Senior preferred stock:

The government holds senior preferred shares in Fannie Mae and Freddie Mac, which would need to be addressed during privatization.
In summary: While President Trump is considering privatizing Fannie Mae and
Freddie Mac, there are significant hurdles and potential risks involved. The decision would require careful consideration of its impact on mortgage rates, the financial markets, and the economy as a whole.

———-
Thanxs goes to TRADERDANTI on BP

GLTA-Ts😉

[t1215s]

Good morning people, Just putting up some numbers
May 21, 2025 129.55 130.44 124.57 125.50 125.50 1,208,500
May 20, 2025 128.01 132.13 128.01 131.66 131.66 861,900
May 19, 2025 128.41 130.90 125.28 129.37 129.37 779,300
May 16, 2025 131.90 138.35 130.88 131.81 131.81 1,377,700
May 15, 2025 127.50 130.81 125.84 129.71 129.71 1,040,800
May 14, 2025 127.31 131.62 125.64 128.78 128.78 1,240,400
May 13, 2025 120.10 129.30 117.71 128.35 128.35 1,381,000
May 12, 2025 117.16 119.83 116.13 119.20 119.20 961,300
May 9, 2025 118.08 122.50 114.26 114.50 114.50 1,090,900

Remeber this is no cheap stock anymore for manipulation and with such a small float hmmm?
————————————-

RKT
Date Open High Low Close Adj Close Volume
May 22, 2025 12.19 12.35 12.03 12.30 12.30 2,379,208
May 21, 2025 12.91 12.98 12.14 12.24 12.24 10,458,500
May 20, 2025 12.83 13.19 12.78 13.17 13.17 8,912,500
May 19, 2025 12.80 13.02 12.46 12.95 12.95 11,737,600
May 16, 2025 13.27 13.92 13.14 13.24 13.24 20,600,500
May 15, 2025 12.56 12.85 12.23 12.77 12.77 11,865,300
May 14, 2025 12.50 13.02 12.30 12.60 12.60 23,066,200
May 13, 2025 11.82 12.67 11.30 12.61 12.61 40,175,900
———————————————-
Side bar,/ Jhd There’s sides to a coin ,take care 😉

Have a great day people GLTA-Ts 😉

[PickStocks]

Ok Thank you for your response.

[dialer55]

Coop may be a litte slow today, F & F getting all the attention.

[DarkB4Dawn]

Leon Cooperman interview on Bloomberg yesterday. After several responses about economy and market which came off a bit negative, Mr. Cooperman was asked if he anything to add that was positive. He said buying Mr. Cooper at $5-6 and riding it up to $130. I am in violent agreement Leon.

Go COOP

[JusticeWillWin]

🔥🔥LATEST $COOP PPS targets==>Barclays:$147, Compass Point:$146, UBS:$145, Piper Sandler:$143, KBW:$143, DEUTSCHE BANK:$137, JMP Securities:$115, Wedbush:$115

[MadBadger]

Pick, there are filings that prohibits the Public from knowing who the Ultimate Parent Company is. So, my educated guess would be:

Ultimate Parent = The International Monetary Fund
Direct Parent = Federal Government DBA/WMI, INC.

[JusticeWillWin]

💥Fannie and Freddie release coming?

pic.twitter.com/VRmG8UcNsl

— Pulte (@pulte) May 21, 2025

[jhdf51]

So what are you saying? Please name it?
Timing of resolve.. Pay window.
Are you of the belief COOP goes private and WMI swoops in and purchases Rocket companies and Mason goes “What the?”

JHD

[newflow]

IMO, The decree was approved to close WMILT in Jan 2020.

Paladin Acquisitions Corp.(DE) and Paladin Acquisitions Corporation(TX) were formed in around June-Sept of 2021.

And probably moved the books and records and dissolved WMILT by Dec 2021.

In Aug-Sept Paladin Acquisitions Corp.(DE) filed for "Long-Form" dissolution, by doing that the status gets extended thru Aug-Sept 2026 and beyond if the DE chancery court approves. The directors(new and old) get protections from creditors under the purview of the court. They could do a final distribution after everything is resolved.

[ron_66271]

F&F RMBS Securitizations in 2008.

How Much Was Securitized?

I have seen numbers posted of ~$7 Trillion for FNMA, and ~$3.5 Trillion for FMCC.

WMB securitized $2 Trillion in RMBS, but doesn’t have the same value in Bonds and Preferred offerings.

The backing for these offerings far exceeds the face value offerings for Bonds and Preferred offerings.

There is major money in the background awaiting to be released from DST’s.

Bonds and Preferred holders are not an issue. All paid in full with a bonus because the Trust is overfunded.

WMB doesn’t have $2 Trillion in Bonds and Preferred Stock offerings in the market.

Why No Litigation for Put backs?



Please consider;
Did F&F Do the Same as WMI/WMB?

! Bonds, Preferred Stock!!
Did F&F over fund their securities like WMI/WMB did?



My post on COOP/WMIH with edits;
“WMB Over Secured the Securities.

On the Frontside.

Thus; prepaid the Put-backs to the Trusts for loans in default.


The WMB EURO Notes was backed by $26 Billion for a $13 Billion Note offering on the Luxembourg Exchange.

The WM Preferred Funding’s Series R was backed by $6 Billion to cover a$3 Billion offering out of the Caymans.

An absolutely amazing way to protect the Bank from the Community Reinvestment Act.

Again, according to the FDIC, “WMB securitized $2 Trillion in RMBS of which $500 Billion was sold to F&F.”

Securitized into the Trust portfolio, but not the stated value for the offering.


The Math;
Loan loss ratio from Globic is 11.9%.
11.9% of $2 Trillion is $238 Billion. But the put backs are already covered because they are already in the Trust.
2X profitability versus a 11.9% covered loss.
The Derivative Contracts still need to cover the Trusts losses.

Need more numbers?

Plus the over funding of the Trusts increases the Performance Payment.


When things don’t make sense!
Follow the Math of the Money.”

When LIBOR settles, all the money currently held in DST is returned back to the certificate holders.
Lehman’s, WMI/WMB, F&F.



Ron

[jhdf51]

Yes, take your COOP shares x 11. Same thing. So if you hold 1000 COOP shares you will have 11,000 Rocket shares. At least that’s my understanding.

JHD

[Large Green]

[b]Fannie and Freddy going public?

https://www.thegatewaypundit.com/2025/05/president-trump-considers-taking-mortgage-giants-fannie-mae/

[MadBadger]

Newflow, https://www.morrisanderson.com/delawares-long-form-dissolution-statute-an-underutilized-alternative/

[MadBadger]

Serafino, My assumption is correction of the void @$115.

[WAMUSHAMU]

11 times coop shares would be nice, but in reality it is 11 🚀 shares for every coop share

[newflow]

Completing the Wind-up and Distributing Remaining Assets
After completing the court proceedings, the corporation must pay any proper claims that have not been rejected, post any security offered to contingent contractual claimants and post any other security ordered by the Court of Chancery.[26] The corporation must also pay or provide for in full any additional claims that are finally determined to be owing by the corporation during the dissolution.[27] Any remaining funds may be distributed to the stockholders.[28]

Directors who complete the long-form dissolution process in accordance with the DGCL cannot be held personally liable to the claimants of the dissolved corporation.[29] Even if the Court of Chancery process results in a larger holdback as security for potential claimants than the board of directors might have desired, there is a substantial benefit to the directors in having that determination made ex ante (before the corporation’s funds are distributed) rather than ex post (after the fact), when personal liability might be the only remedy.[30]

Corporate Existence
Regardless of when the wind-up is completed, the corporation’s existence will continue for a minimum of three years after the filing of the certificate of dissolution.[31] During that period, the corporation’s existence is limited to winding-up its affairs, which includes prosecuting and defending against suits.[32] At the end of the period, the legal existence of the corporation will cease unless the corporation is a party to an action, suit or proceeding[33] or the Court of Chancery orders that the corporation shall exist for a longer period.[34] At that point, the former officers and directors of the corporation no longer have any authority to act on behalf of the corporation; however, the Court, on application of any creditor, stockholder, director or other person who shows good cause, can appoint a receiver to act for a dissolved corporation.[35] Corporations involved in prolonged litigation or that have substantial long-tail liabilities (such as exposure to future asbestos claims) can petition the Court to continue in existence for longer than the minimum three-year period.[36]
https://www.morrisanderson.com/delawares-long-form-dissolution-statute-an-underutilized-alternative/#:~:text=Regardless%20of%20when%20the%20wind,%2Dyear%20period.%5B36%5D

[newflow]

What is long-form dissolution and why Paladin chose it?
https://content.next.westlaw.com/practical-law/document/I310ae9567ca111ed8636e1a02dc72ff6/Plan-of-Complete-Liquidation-and-Dissolution-DE-Corporation-Safe-Harbor-Procedure?viewType=FullText&transitionType=Default&contextData=(sc.Default)&bhcp=1

[JusticeWillWin]

A >65k BUY at the close

[jhdf51]

Very kind of you to say. Yes they were and thank you!

JHD

[jhdf51]

The market is off ...rates are up...simple stuff and none matters until the Rocket takeover...then it is 11X your COOP shares IF you hold any, plus a $2 per Coop share dividend then focusing on Rocket growth with an eye on lower rates and explosive growth and a $30+ share price.

JHD

[suzuki1a]

JHD, that is a truly awesome story! its very obvious the Beasley's played a significant roll in shaping your character in a very positive manner. Just my perspective, good moral elderly people in an adolescence life these days are very slim. Thank you for sharing.

Regards

[BigBang]

Amazing. So that is your signal that “good news” may be coming. Laughable at best!

[xoom]

NHT, Both AZ and Bop (on BP), have almost stopped posting on WAMU related stuff. (Off topic does not count)
Hoping for some good news.
GLTA