Mr Cooper Group Inc (COOP)

[PickStocks]

Yes…the world is right Bban and Cactus are best buds now!!!

[lodas]

what does it mean when the expression is stated as yes, or no?.......No is an expression of CONTRACTION TO NOTHINGNESS TO ETERNITY..........YES is an expression of EXPANSION OF POSSIBILITIES TO INFINITY!!!!!!!.......Both expressions , yes, or no are absolutes, unless mitigated by an outside condition of change....thus, a patient that is dying has THE POSSIBILITY OF LIFE UNTIL THE DOCTOR SIGNS THE DEATH CERTIFICATE, thus ending all possibilities!!!!!!!.... my point?.....WMI stated in the chapter 11 closing document, signed by all parties involved, and signed by the Judge, and declared to the SEC that....common and preferred shares were CANCELLED AND EXTINGUISHED, AND ALL REFERENCES TO OBLIGATIONS TO PROSPECTUS ARE NULL AND VOID!!!!!!!!!!!....there was no claus for remediation back to life for these cancelled values, else there would have been a statement of remediation after the chapter 11 closed by WMIH, since WMI was declared DEAD and buried.... the reserected company called WMIH makes no statement of further reinstatement of prior values to be returned to former stakeholders in WMI, or WAMU....the chapter 11 closed 11 years ago, along with all values of WMI which were declared dead.....Lodas

[xoom]

Thanks AZ. Now Bban and you could get along since now you see the payments for the K’s and Bban too is in agreement.

Also, This is the ... FIRST ... time I've read a reference to a Class A, ... AND ... a Class B Preferred ... I've only ever found the Accounting for the Preferred Managing Subsidiary, directly related to a Released P' ... However, I'm thinking that an original released K' ... COULD BE ? ... considered a Class B' ... ? ... ? ... ? ... 1st time I've seen that reference'

[xoom]

RD, this is a very interesting number.
Thanks for keeping a watch on all possibilities for us peons .

The Share price for the 2024 reallocation is $59,327.12 per share

[diamondguru-one]

man it must really sux knowing we escrow holders are at the end of this long awaited payday .... better luck next time.....

[jhdf51]

Yep and the drip of late with our share price.

[BigBang]

Low volume seems to be the new norm! Keep in mind, however, that the market is down significantly today as it was yesterday.

[BigBang]

I personally believe that this 75/25 discussion is irrelevant and unproductive; it has been discussed so many times in the past. Keep in mind that we have been waiting many years for this fiasco to conclude; the sooner the better. At point in time, I’ll personally accept any settlement instead of having to wait many more years and the uncertainty that comes with it.

[Royal Dude]

Hope for a Leak that this gets done

"This reallocation process is required to be done at least once every three years. Since the last reallocation occurred
in 2021, a reallocation is scheduled for 2024. The 2024 reallocation is currently anticipated to be completed on
April 30, 2024 (the “Settlement Date”), and will be based upon the use of services of the Clearing Agencies from
January 1, 2021 through December 31, 2023. Voluntary Purchaser Participants will be notified through the
DocuSign® electronic signature service of their opportunity to purchase or obligation to sell Common Shares during
the first week of April 2024. Mandatory Purchaser Participants will be notified via email from Computershare Web[url][/url][tag]insert-text-here[/tag]
Service that a notice concerning their obligation to purchase or sell Common Shares is available on Computershare’s
Investor Center during the third week of April 2024, and these purchases are expected to settle on the Settlement
Date. Please refer to the following pages (Questions and Answers on the DTCC Common Stock Reallocation) for
additional information."

https://www.dtcc.com/-/media/Files/pdf/2024/4/1/a9414.pdf?fbclid=IwAR1yvT8OYANaZypB5bB8eOd6AV5LfE9_4jmPpOOHX9dEeKZaZUyEM21tQYE_aem_ASCqxTCNAo0-Tg9tDLKSDgn8h7CKgFTpn9MJtoSLx5LkSyqd35ENV0h6huTnDSHVYHN4tdtNvHkdMH8qZgzaYdr-

https://www.dtcc.com/-/media/Files/pdf/2024/4/1/a9414.pdf?fbclid=IwAR1yvT8OYANaZypB5bB8eOd6AV5LfE9_4jmPpOOHX9dEeKZaZUyEM21tQYE_aem_ASCqxTCNAo0-Tg9tDLKSDgn8h7CKgFTpn9MJtoSLx5LkSyqd35ENV0h6huTnDSHVYHN4tdtNvHkdMH8qZgzaYdr-

[JusticeWillWin]

LOW VOLUME setback, only 74k shares so far====>real-time chart

[BBANBOB]

AZ

""" However, I Continue to NOT believe in any (75/25) shared ratios of financial returns that have been promoted beyond the wmi-lt, now closed"""

ANd that is your right as well.
But JUST like I have said many times, what is in a negotiated settlement, DOES NOT DISAPPEAR ONCE ALL AGREE AND SIGN it, unless it is then STATED in an ADDENDUM to that agreement, THAT ALL PARTIES AGREE TO CHANGE IT and sign off on it

Now the last part is what has ALICE and me concerned to a degree !!!!! Remember in her SDNY case where she specifically asked to see a copy of the amended agreement and was DENIED access to it !!!!!!!!!!!!!!!!!!!!!!!!

JUst like you agree to sell me your HOUSE as is and two weeks later ya come to get the bird bath and front porch swing !!! NOT GONNA HAPPEN that horse is out of the barn, when ya signed

[novascotiaSTS]

None of this has anything to do with Escrows, as it states very clearly in the DTCC document.

But who cares about easily verifiable facts when you can make up another “theory” and deadline?

[PickStocks]

Crying wolf again…coop is the tell…coop is the tell..

[PickStocks]

Quote:”... I simply had an (inside) advantage regarding the irrelevancy of the wmi-lt, once it Closed within my (DL) friendship is all (forever' held close to the vest) ~ “. Again you stated information obtained from an insider. Also claiming to be friends is also quite hilarious….

[PickStocks]

I thought you were the smartest investor….this only references shares and ownership of DTCC shares…nothing to do with old escrows….

[BBANBOB]

DARKB4

TRUE DATTTTTTTTTTTTTTTTTTT

WHat was agreed to WILL BE DONE imho and strictly adhered too....................

[BBANBOB]

Jelly and JAM

It was suggested earlier and a VERY GOOD SUGGESTION to print out your FEBRUARY 2022 statement that shows your OLD LEGACY HOLDINGS.
Your local Schwab can do it for ya in about 5 minutes as I just had mine done on all 5 of my accounts.
For some reason I was not able to do it here at home, it wouldn't let me.
So I ran to the office and literally in 5 mins I had em all in a neat little folder..
Then I wrote in BIG BLACK MAGIC MARKER

"" KEEP IN CASE VALIDATION IS REQUIRED AS TO PROOF OF OWNERSHIP IN WAMU shares prior to my legacy shares being removed as worthless"""

Just an FYI and imho CHEAP INSURANCE

[AZCowboy]

~ LOL', Here We Are Again' ... ! !, ... Yeppers, ... ~ "Watch The Newco' "COOP" it will be the "Tell" ~ ... now ? for the 2nd time' LOL ~

just thinkin' bout those 36 million buy backs of a 2018' "Acquired Sub Grouping", which has been simply being used as an SEC "registrant" for a much larger corporate dog' ...

Yep, ... I released to own the reorganized holding company' ... uq's, P's and K's ... and CHOSE to Direct Purchase WMB Notes' ... ol' cactus is good to go' ... sorry naysayers', I was never going to let go, "like a tic on a mule deer" ... and a humorous "burr under all of ya alls saddle" ... LOL' ...

just sayin'

AZ

[DarkB4Dawn]

I continue to stand by my estimates. I don't wave them with a flag, and they are based on what should be the approximate return if the rule of law is followed. it doesn't matter what the number means and the people that have it from me is because they have provided me with useful information. WMI was a restructure (11), not a bankruptcy (7). Fan changing lightbulb switchers, trading fabricators, and their minions do not make the rules. Interpret all you want...The law makes the law. From a finance stand point, that is also pretty simple. Companies are given many allowances, different methods to conduct, structure and report. A MB is not going to change what happened, or what will happen. History and future events will take care of that. Enjoy your lives and please dont let this be your life...

[BBANBOB]

serafino
Good to here from you again.

AND YES SIR it has been shown and explained to all that their legacy INTERESTS (positions) are still being accounted for, BUT as you say or suggest, THEY HAVE AN AGENDA TO KEEP UP

GLTA

[Royal Dude]

Yes our numbers will never connect us to JPM. This last $ 59,327.12 per share 3 B will be used to pay DTCC as service fees. I believe my participant is Schwab and all should relax and do nothing until our participants contacts us. The timing is what is more important Settlement April 30th

[Boris the Spider]

RD our numbers are not included.

[DarkB4Dawn]

I don't think anything. This is the structure of the DTCC and their requirement for members to participate that use the service and in their proportion on said use:
https://www.dtcc.com/about
BTW, a current common share is $59,327.12 each.

Certain Participants, which are referred to as “Mandatory Purchaser Participants”, are required to purchase and
own Common Shares in amounts proportionate to their respective use of the services of the Clearing Agencies.
Accordingly, any such Participant will be (1) required to purchase Common Shares to the extent, if any, that a
share deficiency exists (i.e., the amount of Common Shares such Participant currently owns is less than the
amount such Participant is required to own) and (2) required to sell Common Shares to the extent, if any, that
a share excess exists (i.e., the amount of Common Shares such Participant currently owns is greater than the
amount such Participant is required to own). Other Participants, which are referred to as “Voluntary Purchaser
Participants”, are permitted but not required to purchase and own Common Shares in amounts proportionate to
their respective use of the services of the Clearing Agencies. Accordingly, any such Participant will be (1)
permitted but not required to purchase Common Shares to the extent, if any, that a share deficiency exists (i.e.,
the amount of Common Shares such Participant currently owns is less than the amount such Participant is
permitted to own) and (2) required to sell Common Shares to the extent, if any, that a share excess exists (i.e.,
the amount of Common Shares such Participant currently owns is greater than the amount such Participant is
permitted to own). Some Participants are not offered Common Shares at all and are therefore not entitled to
purchase any Common Shares.
Under the Shareholders Agreement, the Mandatory Purchaser Participants are those Participants that utilize the
core services of the Clearing Agencies, including the depository and book-entry transfer services of DTC and
the guaranteed services of NSCC and FICC. As a result, the Mandatory Purchaser Participants consist of: (1)
a “Participant” other than a “Limited Participant” of DTC (as defined in the DTC Rules); (2) a “Member” of
NSCC (as defined in the NSCC Rules); (3) a “Member” other than a “Comparison-Only Member” or
“Sponsored Member” of the GS Division (as defined in the GS Division Rules) or (4) a “Member” other than
a “Cash Settling Bank Member” of the MBS Division (as defined in the MBS Division Rules). A Mandatory
Purchaser Participant must also be a Qualified Person as defined in the Shareholders Agreement.
Under the Shareholders Agreement, the Voluntary Purchaser Participants are those Participants other than a
Mandatory Purchaser Participant, as more specifically set forth in the DTC Rules, NSCC Rules, GS Division
Rules and MBS Division Rules. A Voluntary Purchaser Participant must also be a Qualified Person as defined
in the Shareholders Agreement.

[Boris the Spider]

Itsmyoption, yes. As long as you have some record that you had them and what the numbers were.
I believe Kcc etc have these records as well but good to have backups.
You have great numbers. Lets hope they pay out!

[AZCowboy]

~ We've Always Agreed on the Important Things, A Fair and Equitable Return, ... ! ! ... I simply had an (inside) advantage regarding the irrelevancy of the wmi-lt, once it Closed within my (DL) friendship is all (forever' held close to the vest) ~

... I let go of any wmi-lt references, when it, the holding company's liquidation trust' was completed ... PR's, 8-K's etc ... to me ? all of that became irrelevant at its completion ...

Turning The Page Though ...

I've always said that I had never seen anything relating to a K', only a P' ... but ? this is cool ... However, I Continue to NOT believe in any (75/25) shared ratios of financial returns that have been promoted beyond the wmi-lt, now closed ... I CONTINUE to believe that the returns will be calculated individually by one's cusip' ownership and a submitted Release with an attached W-9' ... period' ...

I REALLY Like the numbers provided by JB92106 and DarkB4' ...

ADDED: as I've stated along with EVERYTHING' WaMu Purchased, I also own released K's ... so good ? (Cash is King LOL' the more the better)

just sayin'

AZ

[JellyandJam]

AZ or anyone...........

Please help..............

I have escrows hidden away on my Schwab acco.

What do I need to do in reference to this post from AZ ??

Thanks kindly

[lodas]

where do you see any reference in this document that this DTCC is related to WMI, WMIH?????.........this document references shares in the DTCC only!!!!!!.... has nothing to do with the chapter 11 closing, or payments to equity holders outside the chapter 11 closing......also, give proof for your assertion that escrows removed from brokerage accounts pertain only to the chapter 11 closing.....your post is a pile of speculation at best, and a pile of cr*p at the worst......Lodas

[serafino1]

Hi Folks, I phoned at least two banks, banks that have S.1 portfolios, I asked how long ESCROW will remain in the historic register.
The bank agent told me: until 2036.
Ergo: Nothing is lost, everything is prosecutable in case of need.
Those moles who scribble here in the room, do so for private reasons.
Folks everything will be fine bye bye

[BBANBOB]

AZ

AGAIN we seem to agree on some things

"""~ Merely "Deemed" Worthless, as Applicable to the Completed wmi-lt' ... NOT' worthless as applicable to a Released Ownership of the Completed entire' WMI Holding Company's Reorganization ~

... Individual Plan' Participation Releases and W-9's submitted to one's Broker or Bank ... by cusip and by an individual's amount owned' ...

Also, This is the ... FIRST ... time I've read a reference to a Class A, ... AND ... a Class B Preferred ... I've only ever found the Accounting for the Preferred Managing Subsidiary, directly related to a Released P' ... However, I'm thinking that an original released K' ... COULD BE ? ... considered a Class B' ... ? ... ? ... ? ... 1st time I've seen that reference'"""

The """K SHARES""" were nothing but a subset of ""P""" BUTTTTTTTTTTTTT at a ratio of 40/1 which has been stated here many times over

[AZCowboy]

~ Go COOP' and the Share Buy Backs', ... Oh and I Thought That This Paragraph Was Beautiful ! ! ~

"This reallocation process is required to be done at least once every three years. Since the last reallocation occurred in 2021, a reallocation is scheduled for 2024. The 2024 reallocation is currently anticipated to be completed on April 30, 2024 (the “Settlement Date”), and will be based upon the use of services of the Clearing Agencies from January 1, 2021 through December 31, 2023. Voluntary Purchaser Participants will be notified through the DocuSign® electronic signature service of their opportunity to purchase or obligation to sell Common Shares during the first week of April 2024. Mandatory Purchaser Participants will be notified via email from Computershare Web Service that a notice concerning their obligation to purchase or sell Common Shares is available on Computershare’s
Investor Center during the third week of April 2024, and these purchases are expected to settle on the Settlement Date. Please refer to the following pages (Questions and Answers on the DTCC Common Stock Reallocation) for additional information"

https://www.dtcc.com/-/media/Files/pdf/2024/4/1/MBS1317-24.pdf

Abba Da Ayy ... :) :)

just sayin'

AZ

[AZCowboy]

~ Merely "Deemed" Worthless, as Applicable to the Completed wmi-lt' ... NOT' worthless as applicable to a Released Ownership of the Completed entire' WMI Holding Company's Reorganization ~

... Individual Plan' Participation Releases and W-9's submitted to one's Broker or Bank ... by cusip and by an individual's amount owned' ...

Also, This is the ... FIRST ... time I've read a reference to a Class A, ... AND ... a Class B Preferred ... I've only ever found the Accounting for the Preferred Managing Subsidiary, directly related to a Released P' ... However, I'm thinking that an original released K' ... COULD BE ? ... considered a Class B' ... ? ... ? ... ? ... 1st time I've seen that reference'

Great Information that, according to the actual Doc, has just renewed 04/01/2024 ... Yeppers, Good Stuff' ...

https://www.dtcc.com/-/media/Files/pdf/2024/4/1/MBS1317-24.pdf

"The holders of the Common Shares are entitled to elect all of the directors on the DTCC Board, other than the two directors who are elected by the holders of the Series A Preferred Shares and the Series B Preferred Shares. The holders of the Common Shares are also entitled to vote on any matters submitted to shareholders for a vote"

just sayin' :)

AZ

[ItsMyOption]

Boris, to be more accurate one should print a copy of Feb. 2022 as all our Escrow was removed from account on 02/11/2022 it shows this removal as:
2 WASHINGTON MUTUAL INC
ESCROW CUSIP
POSITION DELETION
AS WORTHLESS

02/11/22 WASHINGTON MUTUAL INC
ESCROW CUSIP
POSITION DELETION
AS WORTHLESS
939ESC968 Expiration-565,000

02/11/22 WA FUNDING TR III
CONV PFD ESCROW CUSIP
POSITION DELETION
AS WORTHLESS
939ESC992 Expiration-5,500

02/11/22 WASHINGTON MUIN BE
DPS 144A ESCROW CUSIP
POSITION DELETION
AS WORTHLESS
9393ESC84 Expiration-

[Royal Dude]

CASH IS COMING TODAY to the participants unless they steal

DTC has received notification from Bank of New York Mellon/IPA DTC #1541, the issuing paying agent for GS Finance Corporation (GSG4), base issuer cusip 36255H, 40054K, 40054L, 40055A, 40055Q, 40056E, 40056F, 40056Y, 40057C, 40057E, 40057F, 40057H, 40057J, 40057K, 40057L, 40057M, 40057N, 40057P, 40057R, 40057T, 40057W, 40057X, 40057Y, that #1541 has refused to pay Interest Payments, Maturity Presentments and Reorg Presentments for this Issuer’s Medium Term Note that are due and payable on 04/01/24 through DTC. Therefore, in accordance with DTC’s rules and procedures, this Issuer’s Medium Term Note will not be completed. Bank of New York Mellon/IPA DTC #1541 has notified DTC that they received the funds after the DTC cutoff to make a funding decision and that they will pay Interest Payments, Maturity Presentments and Reorg Presentments for this Issuer’s Medium Term Note that are due and payable on 04/02/24.
DTCC.COM
www.dtcc.com

https://www.dtcc.com/-/media/Files/pdf/2024/4/1/19919-24.pdf?fbclid=IwAR33d4PL8kf5SObvLggjKn-N2tfVNHPpeYOHq_ApglXrZRsZLyLARO4dJbo_aem_ASCHm8EIltMc0r45pZZzFtlpnbZOzann7q0iackY3397M5wru9ddLuRlc646ft7TmpBN5T6NEtMr5uf8prWqLAYL

[BBANBOB]

$27

Look at the market today DJI DOWN 453

[$27]

3 gap down formed today. Bullish reversal tomorrow or next day. Thought?
Be well
$27

[BBANBOB]

Thanks

Clears that up nicely

[BBANBOB]

P K TPS Class 19, U's Class 22 not sure this is what they are after but It's all the numbers we have to work with

[STRIKEEAGLE]

Just received (via email) from Annette at the DTCC

1317-24 is the Notice number. The participant number would be the account of Washington Mutual Bank who, if they are an MBS member and are eligible/required to purchase shares will receive the communications from DTCC. We do not send information to investors of the participants.


FACT, STRIKE

[STRIKEEAGLE]

Roger that BOB... I have the CUSIP #'s... "class"?... P or U?


STRIKE

[BBANBOB]

Strike
I wonder if that would be the CUSIP NUMBER or possibly the CLASS number

[vodkadejour]

Thanks for the response Royal

[STRIKEEAGLE]

Question... I contacted Annette Nichols at the DTCC... and she asked me what MBS Participant # I am affiliated with...

Anyone??


FACT, STRIKE

[JusticeWillWin]

👉👉👉COOP BOD wants to "...COMPOUND tangible BOOK VALUE at a DOUBLE-DIGIT PACE..."

The COOP BOD said at the 4Q'24 earnings call on Feb. 9, 2024:

But we will work diligently to compound tangible book value at a double-digit pace which for us is an exciting prospect.

From: https://www.fool.com/earnings/call-transcripts/2024/02/09/mr-cooper-group-coop-q4-2023-earnings-call-transcr/

[ReikoBlack]

Class 19 & Class 22.

US!?!? Us who?

[dragoon76]

US!?!? Us who?

[dragoon76]

What an odd response.....

[lodas]

ReikoBlack........it is my understanding from reading the documents that the Litigating Trust, which was part of the WMIL-T tried to sue the FDIC for 20 billion dollars in illegally seized assets, but the case was denied to move forward because WMI could not substantiate certain claims they were trying to make to the court... also, Rosen stated that the Litigating Trust did not pursue court action to retrieve assets because of the delays, and costs to the estate which would diminish the funds necessary to pay creditor claims....in addition, the delays in coming to an agreement between all cross claims finally set up the GSA whereby all parties were to resolve claims against each other, so as to make the Litigating Trust moot....WMI got 6.5 billion in allowances from the GSA settlement, plus 5.8 billion dollars in NOLS without having to sue the FDIC, and JPM...WMI got 12.3 billion dollars in settlement out of the 20 billion dollar they would have had to sue for, and probably might not have prevailed, and got nothing... 12.3 billion settlement out of a 20 billion dollar claim is 62% recovery for their claims....IMO, when releases were signed, equity claims were satisfied by the terms of the chapter 11 documents, and classes 19, and 22 are impaired from future recovery, both from, and after the chapter 11 closed 11 years ago....LIBOR settlements will not accrue to WMI (which is now defunct) because the FDIC was harmed, not WMI....how was the FDIC harmed?... the FDIC was insuring the liabilities of Banks which were inflated by bogus interest rates, which caused the FDIC to OVER INSURE THE LIABILITIES ON THE BANKS BOOKS.....LODAS

[Boris the Spider]

Naught, I cant do pm. Not that I cant afford it, just dont need it.

Yes, all brokers will have our escrow positions in our account history. Those positions arent going anywhere.
When money comes those positions will be reactivated and money will flow in. Like Niagara Falls.

[PickStocks]

So you are kicking the bucket to 2031…..does not surprise….

[Royal Dude]

300 x 4,000 = $ 1,200,000 4.5x face