Mr Cooper Group Inc (COOP)

[dennyduper]

Well keep us posted this is really confusing to me. I don’t know what the amounts will be per share, p’s K’s or U’s. Will we get the amount of shares we released or what? They made it confusing for a reason I guess.

[Royal Dude]

300 billion cold be our value if the get 1% because 50k 1 share = 59k $ is the amount to cover them for 3 years

[Royal Dude]

To account for 75/25 they have used there own formula for any distribution before any placement in our accounts.Participant are our brokerage and we are their clients.

[Royal Dude]

DENNY This is a process to create a fund for the 1% fee for the dtcc services the Series A and B notes and other instruments to the participants. Settlement date April 30th. There is also a possibility to follow the money move during all of April.

[dennyduper]

Royal I’ve read this a couple of times. I am confused as to how this is done.
How is it just over 50K commons are allocated, I don’t see the 19:1 share in the filing. Can you possibly explain it in layman’s terms?

[LexTrader]

Silly Rabbit, TRIX are for kids

[dragoon76]

SUUUUUUUUUURE!!!!!!!!!!

[newflow]

Professional Liability Annual Report for 2023
https://www.fdic.gov/resources/resolutions/professional-liability/annual-reports/pl-2023-annual-report.pdf
Authorized and Pending Lawsuits
During 2023, the FDIC Board of Directors approved one, and delegated authority
approved four, MMF cases, all of which authorized the FDIC to sue mortgage brokers for
indemnification. The largest of the five approved cases is against CTX Mortgage Company,
LLC (CTX), and Pulte Mortgage, LLC (Pulte Mortgage) as successor to CTX, for loans that CTX
brokered to Washington Mutual Bank (WaMu), Henderson, Nevada, and that WaMu in turn
sold to RMBS trusts. The FDIC settled claims related to defective loans that WaMu sold to
RMBS trusts for a $3 billion receivership certificate. Because CTX contractually agreed to
indemnify WaMu for losses resulting from defective loans it brokered to WaMu, the FDIC seeks
to recover the portion of its settlement with the RMBS trustee attributable to losses on the
CTX loans. On August 28, the FDIC filed the approved lawsuit against CTX and Pulte Mortgage
in federal court in the Central District of California seeking contractual indemnification plus
attorney’s fees and pre-judgment interest. In total, the FDIC filed 11 MMF lawsuits during the
year. WaMu failed on September 25, 2008, with $307 billion in assets.

[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

[Royal Dude]

If not, they are stealing all notes coming from JPM

[Royal Dude]

Remember, this whole exercise is to transfer non interest bearing notes value to the medium notes payable to legacy first month to be payable June 1st.

[Boris the Spider]

Hope youre right but I'm not going to quit my day job.
LOL

[Royal Dude]

Started on April 2 and delayed 1 day

[Royal Dude]

Yes at 53 k pps 3 billion for fees 1 % for 307 billion

[Boris the Spider]

Dont hold your breath.

[Royal Dude]

The 50 k of shares is for payment of fees for DTCC. This is for date timeline only settlement April 30th without a tie to jpm.

[zulual]

item 8

Only 50,907.78311 commons issued

How to distribute to all participants?

[Boris the Spider]

DTCC notes 263 participants. If they each get 1 share thats $15mm. LOL

I just dont see anything of interest here. We've had thousands of these theories and possibilities through the years and none have put money in our accounts.

Lets hope Libor bears fruit. If not I will start to worry that the crooks have won and we all got bent over.

[Nightdaytrader]

AZCowboy, I remember KKR Wand and KKR Fund owning Series A and B preferred stock... I am not sure if this is related to your post but just in case, I am providing it anyway.... See below..

ND9
************************

WHEREAS, KKR Wand owns 200,000 shares of 5.00% Series B convertible preferred stock (the “Series B Preferred Shares”) of the Company and consented to the Amendment (as defined in the Original Agreement) to the 2018 Amended Charter (as defined in the Original Agreement);

WHEREAS, KKR Fund owns 1,000,000 shares of Series A convertible preferred stock of the Company (the “Series A Preferred Shares”), and warrants to purchase 30,700,000 shares of common stock, par value $0.00001, of the Company (“Common Stock”) at an exercise price of $1.32 per share (the “Tranche A Warrants”) and 30,700,000 shares of Common Stock at an exercise price of $1.43 per share (the “Tranche B Warrants” and together with the Tranche A Warrants, the “Warrants’) and consented to the Amendment (as defined in the Original Agreement) to the 2018 Amended Charter (as defined in the Original Agreement);

https://contracts.justia.com/companies/mr-cooper-group-inc-7825/contract/319734/

[BBANBOB]

TOOOOOOOOOOOOOOOO FUNNY REALLY TOOOOOOOO FUNNY

[PickStocks]

T. Cactus stated in a post that he sold a majority of his shares at 46.00…then the rest at 50.00 and coop was no longer the tell…maybe he got back in as coop is a great buy as I see it doubling…now he states coop is the tell…..

[BigBang]

So then it must be so!

[Boris the Spider]

I dont see this tying into us at all.

I want to get paid as much as anyone but geesh. Keep it real. I dont see any relation. Hope I am wrong.

As for 75 25. I see both sides. The commons usually inherit the estate in a bk.
But in our case the decree says 75 25 and Im sure the hedgies would Not have allowed the commons into the party and then give them everything. So our case is different. I agree with the smart board. 75 25

Libor is up to bat. No way does our case go to trial. Too risky. Jamie doesnt look good in orange. Lets hope the judge swings for the fences.

[BBANBOB]

Thank you

NOW sir do you KNOW THAT YOU DO NOT OWN ONE SHARE of ANYTHING that shows in your acct.
DO you KNOW what the word CEDE MEANS????? and you have knowingly or unknowingly have CEDE ED any right to any shares in your acct.
ANd that anything in your accts can be immediately deemed a US PROPERTY in the case of a NATIONAL EMERGENCY

IN SHORT the DTCC/CEDE OWNS any and all stocks in your accts and JUST PROMISES TO TRANSACT THEM AS YOU SO DEEM.................

YOU DON"T OWN SQUAT do some DD about the 33 trillion DOLLAR LITTLE KNOWN COMPANY CALLED DTCC/CEDE

Dictionary
Definitions from Oxford Languages · Learn more
cede
/sed/
verb
verb: cede; 3rd person present: cedes; past tense: ceded; past participle: ceded; gerund or present participle: ceding

give up (power or territory).
"he ceded control of the company to his brother"

[BBANBOB]

AGREE

[BBANBOB]

LARGE GREEN

""Common stockholders are last in line when it comes to company assets, which means they will be paid out after creditors, bondholders, and preferred shareholders""

AND THE COURT DIDN'T LIKE that because of what the DIPS DID(IT) SO it ordered a Negotiated SETTLEMENT

BUT IN THIS INSTANCE THE PREFERDS WERE NOT NOT NOT CAPPED at full and only face value as it was a NEGOTIATED SETTLEMENT IN CASE THERE WAS NOT ENOUGH TO GO AROUND,,,,, ALL WOULD BE ALLOWED TO PARTICIPATE UP TO their respective 75/25% ""OF ANY AND ALL RETURNS.
SOrry Charlie ya can't have it both ways and they CHOSE THIS WAY, ANYONE WONDER WHY THE DIPS chose this way???????? HMM TRY 75 beats 25

OR they would have been capped at face AND IN THAT CASE the commons would have inherited the bulk of the estate

SOrry folks they DID NOT NEGOTIATE THEMSELVES INTO BEING SUBORDINATE TO COMMONS, NO WAY NO HOW

[goodietime]

This post:

What is the DTCC?

Answer
Based on the search results provided, the Depository Trust & Clearing Corporation (DTCC) is an American post-trade financial services company that provides clearing and settlement services for the financial markets. Here are the key points about the DTCC:

The DTCC was established in 1999 as a holding company that combined the functions of the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC) 13.
The DTCC is user-owned and directed, and it automates, centralizes, standardizes, and streamlines processes in the capital markets3.
Through its subsidiaries, the DTCC provides clearance, settlement, and information services for a wide range of securities products, including equities, corporate and municipal bonds, derivatives, mutual funds, and more12345.
The DTCC's subsidiary, the Depository Trust Company (DTC), was established in 1973 to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making "book-entry" changes to ownership34.
The DTCC settles the vast majority of securities transactions in the U.S., processing trillions of dollars of securities on a daily basis. Settlement is an important step that contributes to investor confidence and reduces market risk12345.
The DTCC is regulated by the Securities Exchange Commission (SEC) and is a member of the U.S. Federal Reserve System34.

In summary, the DTCC is a critical financial infrastructure company that provides essential clearing, settlement, and other services to support the smooth functioning of the U.S. securities markets. 12345


Origins and Founding

The Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC) were both founded in the 1970s as a result of the market's inability to keep up with the large volumes of securities trades. 12
DTC was founded in 1973 to solve the "paperwork crisis" on Wall Street by providing a centralized depository for securities certificates. 2
NSCC was founded in 1976 to provide clearing and settlement services. 1

Consolidation into DTCC

In 1999, DTC and NSCC were consolidated into the Depository Trust & Clearing Corporation (DTCC), which became the parent company overseeing these subsidiaries. 45
The creation of DTCC helped automate, centralize, standardize, and streamline the financial markets by providing integrated clearing, settlement, and asset servicing.

[Large Green]

Agree and the (SD) Subordinated Debt or the 15B in bonds since they were placed in Tranche Five with Equity in Tranche Six



..,

[Large Green]

Agree

[garyhalvo]

LG, I see the P’s and U’s being paid in tandem, not one and then the other.

[Large Green]

BBANBOB, you said the following.

And in my math classes over the years 75% beats 25% in a BIG WAY

_____________________________________________

Let us look at it in another way since the 75/25 is a trigger that sends some into Nutzville. All one has to do is look up the meaning of PREFERRED so in most people's English classes Preferred means ahead of others or simply a PRIORITY.

Preferred shareholders have priority over a company's income, meaning they are paid dividends before common shareholders.

Common stockholders are last in line when it comes to company assets, which means they will be paid out after creditors, bondholders, and preferred shareholders.


...

[BBANBOB]

Specifically what post as to what the DTCC is

ANd got a ? for you, DO YOU HONESTLY even UNDERSTAND WHAT THE DTCC/CEDE IS IS IS REALLY IS IS IS YOURSELF????????? ANd this is NOT meant to be offensive or belittling in ANY WAY form or fashion. HONESTLY

[novascotiaSTS]

Of course it has nothing to do with Escrows - anyone with basic reading comprehension skills can see that.

Just like BofA bonds, JPM pref buy-backs or Novo Nordisk dividends have nothing to do with Escrows.

But who cares - it’s just about creating another failed theory for a grateful audience.

[BBANBOB]

Goodie

PLAIN and SIMPLY YOU and I and ALL here are nothing but MUSHROOMS that have been kept in the dark and FED CHIT

THis has all been an under the cover of smoke and mirrors since day one, SO NOW YOU CAN TELL ME or US this has NOTHING TO DO WITH us especailly with the timing of it !!!!!!!!!!!!

SOrry all here are still theorizing and trying to make sense of any of this, SO AGAIN


DO WE ACTUALLY KNOW IF IT IS OR ISN'T RELATED >>>>>>>>YET
NOPEY YOU DON'T AND NOPEY I DON'T

how bout we let the game clock go to ZERO , then and only then WILL YOU OR I KNOW CHIT

[goodietime]

Based on what the DTCC is, per my post, I don't see HOW it could be related.

Is it because it has a large value per share?

[BBANBOB]

XOOM
I have always ATTEMPTED to get along since we agree on the IMPORTANT STUFF, that there is still lots to come back here.

Where we got OFF is when he starts the petty BS of name calling or saying folks are stupid, SINCE THEY DON'T AGREE WITH THE GREAT AZZZZZZZ.
Also when he said in no uncertain terms that ALICE held up payment here INTENTIONALLY, WELL GUESS WHAT her case was I think in 2019? ANd GUESS WHAT ya still aint seen chit yet........

Or when he shape shifts to another scenario when his NO LONGER FITS.

AZ quote

"" YOU CAN ONLY BELIEVE WHAT IS IN FILINGS and 8K's every thing else is chatter and noise, and POOR and despicable SLOPPY DD........."""

Yet he still, will not CAN NOT except the 8K nor the PR the company put out in DIRECT RESPONSE/relationship to MESSAGE BOARD CHATTER to the payout matrix, because IF IF IFIN HE does it is 180 degrees from the commons shall inherit the bulk of the estate.


But we always agreed AZ RON LG MYSELF that there is a lot of money to come back here and all will be just fine.

BUT SOME WILL BE BETTER OFF THAN OTHERS


And in my math classes over the years 75% beats 25% in a BIG WAY

[PickStocks]

Where is the distribution….i want to be wrong so where is the distribution…..like I said…it is a good opinion but no distribution….all the posts are good opinions but they do not bring a distribution…until then keep posting….remember cactus has changed his tune as coop is the tell again….

[BBANBOB]

DO WE ACTUALLY KNOW IF IT IS OR ISN'T RELATED >>>>>>>>YET

[dragoon76]

Yes, you saw that as well. Kinda like a completely different person responded, LOL.

[dragoon76]

I totally agree. We are all on the same team (whether we like it or not) and yes, there's nothing wrong with having a different opinion (or outlook).

[goodietime]

WHY is this even posted here? NOT EVEN REMOTELY RELATED TO OUR SITUATION.

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"


What is the DTCC?

Answer
Based on the search results provided, the Depository Trust & Clearing Corporation (DTCC) is an American post-trade financial services company that provides clearing and settlement services for the financial markets. Here are the key points about the DTCC:

The DTCC was established in 1999 as a holding company that combined the functions of the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC) 13.
The DTCC is user-owned and directed, and it automates, centralizes, standardizes, and streamlines processes in the capital markets3.
Through its subsidiaries, the DTCC provides clearance, settlement, and information services for a wide range of securities products, including equities, corporate and municipal bonds, derivatives, mutual funds, and more12345.
The DTCC's subsidiary, the Depository Trust Company (DTC), was established in 1973 to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making "book-entry" changes to ownership34.
The DTCC settles the vast majority of securities transactions in the U.S., processing trillions of dollars of securities on a daily basis. Settlement is an important step that contributes to investor confidence and reduces market risk12345.
The DTCC is regulated by the Securities Exchange Commission (SEC) and is a member of the U.S. Federal Reserve System34.

In summary, the DTCC is a critical financial infrastructure company that provides essential clearing, settlement, and other services to support the smooth functioning of the U.S. securities markets. 12345

[t1215s]

Xoom , hehehe, nahhhhh , maybe 😳😳😳😉as for me I’m good bud I still have chips in the game, just not as much 😉it’s allllll good , this paper has been super to me from day one in BK.

GLTA.Ts 🥲🤣🤣🤣😂

[xoom]

T’s, anybody who sold at < $75 has a right to curse himself/herself and nobody can deny them that right.

[t1215s]

Mannn O mannn Ol Cactus is posting regular these past two weeks,dude must be getting lonely out in the desert these days 😂
But I will say him selling a large% @ 50.0+/- is nbd . As I always say profit issss profit ,just less, the fact be know I did it before he did and I’m happy for what I still hold, EOS.

BUT I WILL SAY THIS ABOUT OL CACTUS ISSSSS why does he continue to post the same ole same ole 99% of the time 😳or issss it to get some going as it seems to be working 😉

Gogooocoop Upwards 🤣😂😉
GLTA-Ts😉

[xoom]

Picky in the post below you kinda agreed with Wwhatthe and called it a ‘Great Opinion’ , and then now you making fun of RD ?
Pick one Picky, it cannot be both

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174148259

[Royal Dude]

12. What powers or benefits are conferred upon shareholders of DTCC by virtue of their owning Common Shares?
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.

[Large Green]

Thank you very much Royal Due for your research and sharing. This concerning former preferred shares of the WaMu Estate. The former (P) Preferred share of WaMu was based on a $1,000.00 (FV) Face Value and the former K share was based on $25.00 FV.

So, this is nothing more than a subset of the original P share. The Perps could have easily just spoken about the original P share since both of these shares are considered PREFERRED which would provide more cover and smoke for what the Perps have always been trying to hide. If they spoke in exact terms, then this would let the cat out of the bag, and after 16 years of redaction, smoke, and mirrors playing Hide The Saugage program, this would be unacceptable.

They could have easily coined these Preferred A & B so this could easily be a reality. As I always say, time passing and filings will show us the way forward. Thanks to Royal Dude for bringing this to our attention. This is exactly what these Perps would do if they were continuing the program of Hide The Sausage!

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"


...

[Large Green]

BBANBOB, concerning former preferred shares of the WaMu Estate. The former (P) Preferred share of WaMu was based on a $1,000.00 (FV) Face Value and the former K share was based on $25.00 FV.

So, this is nothing more than a subset of the original P share. The Perps could have easily just spoken about the original P share since both of these shares are considered PREFERRED which would provide more cover and smoke for what the Perps have always been trying to hide. If they spoke in exact terms, then this would let the cat out of the bag, and after 16 years of redaction, smoke, and mirrors playing Hide The Saugage program, this would be unacceptable.

They could have easily coined these Preferred A & B so this could easily be a reality. As I always say, time passing and filings will show us the way forward. Thanks to Royal Dude for bringing this to our attention. This is exactly what these Perps would do if they were continuing the program of Hide The Sausage!

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




...

[PickStocks]

Let’s see what happens by the end of April….

[PickStocks]

So now the DTCC is now going to pay old escrows…….you can not make this up