Mr Cooper Group Inc (COOP)

[BigBang]

he interprets things and posts his interpretation for all to see

That’s why he keeps playing with us with his XXXX instead of just telling us who his XXXX is.

[UpTickMeA$AP]

The fact we're a decade and a half out, and now talking about loans on a settlement you have nothing to do with, and aren't even represented in, absolutely blows my mind.

This rabbit hole is timeless, and extremely deep.

Denial is much more extreme than I ever thought. It's truly a robber of time, of life. Scary stuff.

[UpTickMeA$AP]

Loans....

LOL!

I'd love for you to call a pre settlement funding company, and hear what they tell you about your fantasy!

It's not a conversation you will enjoy. It will be full of reality, and end with them hanging up on you.

[Boris the Spider]

Judge Naomi is a no nonsense judge and is very smart per someone who knows her well. She makes decisions based on facts and evidence, not emotion or politics.
I believe she will produce a just and fair settlement. Once released it could take time to get it sorted and distributed through our brokers. Thats why they may offer loans initially.
We shall see. Next week could be big for escrows.

[xoom]

Pliss, AZ reads docs, he interprets things and posts his interpretation for all to see.
You could agree with him fully , partially or reject his analysis completely.
Since we are all grown ups here, that’s your indisputable right to agree or disagree with his opinion and that is perfectly ok.
And that ‘payment’ discussion, you actually responded to his admission :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172267003
The fact of the matter is AZ, Bban and the rest of us are on ‘Team Unicorn’ aka pro-recovery for all, so all agree on most of the issues at hand.

[UpTickMeA$AP]

However, regardless of counsels' efforts inter se, the Court considers fact discovery closed as of April 4, 2024. Further, as the Court has repeatedly made crystal clear, there cannot and will not be any further adjournments of the class certification, summary judgment, and Daubert motions. Very truly yours, NAOMI REICE BUCHWALD, UNITED STATES DISTRICT JUDGE. (Signed by Judge Naomi Reice Buchwald on 4/3/2024)

All done. The end.

Next.

[UpTickMeA$AP]

It's not a "safe and effective jab"....

It's the truth.

[SamuraiProgrammer]

Was 4/4 even a court date? I thought it was the last day of depositions/discovery.

[goodietime]

" just like every level of authority has already clearly stated."

How is your 'SAFE and EFFECTIVE' jab working out for you?

Go COOP, Go LIBOR! $$$ isn't far off. imo

[jjflash49]

4001. ENDORSED LETTER addressed to Counsel from NAOMI REICE BUCHWALD UNITED STATES DISTRICT JUDGE dated 4/3/2024 re: The Court is in receipt of the Direct Action and OTC Plaintiffs' letter of April 2, 2024. ENDORSEMENT: Dear Counsel: The Court is in receipt of the Direct Action and OTC Plaintiffs' letter of April 2, 2024. See ECF No. 4000. Of course, the Court has no interest in interfering with counsels' continuing cooperative efforts as reflected in the existing scheduling order and its prior iteration. However, regardless of counsels' efforts inter se, the Court considers fact discovery closed as of April 4, 2024. Further, as the Court has repeatedly made crystal clear, there cannot and will not be any further adjournments of the class certification, summary judgment, and Daubert motions. Very truly yours, NAOMI REICE BUCHWALD, UNITED STATES DISTRICT JUDGE. (Signed by Judge Naomi Reice Buchwald on 4/3/2024)

[UpTickMeA$AP]

Yeah man! Any hour now!

Keep checking your account! It could drop at any second now!

Congratulations RD!

[Royal Dude]

Starting to settle IMO

"4005
04/05/2024
STIPULATION OF DISMISSAL WITH PREJUDICE OF DEFENDANTS CITIBANK, N.A. AND CITIGROUP INC. PURSUANT TO F.R.C.P. 41 (a)(1)(A)(i): IT IS HEREBY STIPULATED AND AGREED between Plaintiffs in the above-captioned actions and Defendants Citibank, N.A. and Citigroup Inc. that all of Plaintiffs' respective claims against Defendants Citibank, N.A. and Citigroup Inc. only are hereby dismissed with prejudice from the actions City of Houston v. Bank of America Corp., et al., No. 13-cv-05616; City of Richmond, et al. v. Bank of AmericaCorp., et al., No. 13-cv-00627; City of Riverside, et al. v. Bank of America Corp., et al., No. 13-cv-00597; County of Mendocino v. Bank of America Corp., et al., No. 13-cv-08644; County of Sacramento v. Bank of America Corp., et al., No. 13-cv-05569; County of San Diego v. Bank of America Corp., et al., No. 13-cv-00667; County of San Mateo, et al. v. Bank of America Corp., et al., No. 13-cv-00625; County of Sonoma, et al. v. Bank of America Corp., et al., No. 13-cv-05187; East Bay Municipal Utility District v. Bank of America Corp., et al., No. 13-cv-00626; San Diego Association of Governments v. Bank of America Corp., et al., No. 13-cv-05221; and The Regents of the University
4004
04/05/2024
MEMO ENDORSED ORDER granting [4002] Motion to Withdraw as Attorney. ENDORSEMENT: Application granted. So ordered. Attorney Elizabeth A Cassady terminated. (Signed by Judge Naomi Reice Buchwald on 4/5/2024)

[UpTickMeA$AP]

Hilarious!!

You definitely need some help on "know when to hold, and when to fold."

Remember when you told people to hold, and even buy JCPNQ, even after they released the plan of reorganization that outlined equity would be wiped out??? That was definitely some delusional sickness, dripping in denial...which seems to follow you around everywhere you go.

You really slaughtered yourself and others on that. Just like here...

I'd love to hear which three "irons" you have!! I'm willing to bet they're total dog shit.

Cheers!

[BBANBOB]

I have 3 irons in the fire currently if one or all three hit, I WILL NO LONGER BE IN THE MARKETS

KNOW WHEN TO HOLD AND KNOW WHEN TO FOLD are very WISE WORDS

[UpTickMeA$AP]

Just being here for $WMIH, now $COOP, I've seen hundreds, maybe thousands of these failed "crazy stories".

The most important thing for these desperate people at this point, is something, anything, to feed the sickness of denial.

Many more years of this will happen. They are addicted to feeding the denial, no matter how blatantly insane the fantasyland nonsense is.

And yes, I've seen this exact stuff with every other bankruptcy I've followed... Just not to this extreme. This one is definitely the most insane.

[Bizreader]

So you've been around some of these crazy stories many times before apparently

[Bizreader]

Not

[ReikoBlack]

Ok.

Let me ask you a serious question. What is your take on AZCowboy’s character? Do you believe him to be a good and honest person? (Keep in mind that over a year ago he claimed to have received a distribution for his WMB Notes, yet not one other person who holds the same WMB Notes has come forward to corroborate his claim by them receiving a distribution as well.)

Pliss, AZ’s ‘napkin math’ was very conservative. Whatever we are now expecting is way more than his ‘napkin math’.
If you promised me half a cookie and then later gave me 2 cookies, I would be the last one to complain.

[UpTickMeA$AP]

Don't expect much talk of this failed fantasy. It's what happens after every fantasy fails...They go radio silent, and move on to a new fantasy without addressing the last failed fantasy.

Rinse and repeat, for a decade and a half..

Shameless stupidity, and nonstop feeding of denial.

Nothing else is coming back, just like every level of authority has already clearly stated.

[sillyinvestor]

"....so that all of us can move on and hopefully meet at our next (less painful) investment opportunity."

Let's just say, if this one turns out fine, there won't BE a next one. At least for me. 🤔

[xoom]

Bban, as I have said numerous times,it does not matter for me l, as I hold a lot of P’s with UQ, so works for me, whatever the split.
I will be glad that all of us who have stayed the course for the past 15 years and have had each other for company on these boards, receive a meaningful return on their investment. Nothing better than a wonderful closure for all so that all of us can move on and hopefully meet at our next (less painful) investment opportunity.

[BBANBOB]

XOOM

DEPENDING ON WHAT YOU """HELD"""" imho AZ napkin math is WAYYYYYYYYYYYYYYY WRONG

In this case

THE MEEK SHALL NOT INHERIT THE BULK OF THE ESTATE

SOrry but I WILL say there is lots of money and ALL WILL BE JUST FINE

[BBANBOB]

HERE SHE GOES AGAIN

[xoom]

Pliss, AZ’s ‘napkin math’ was very conservative. Whatever we are now expecting is way more than his ‘napkin math’.
If you promised me half a cookie and then later gave me 2 cookies, I would be the last one to complain.

[ReikoBlack]

Are you still hailing AZCowboy and his napkin math? Did YOU save it for posterity?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164628737

Hail AZ for his napkin math !!!
This is one napkin you want to save for posterity !!!!]

[Ray_137]

Any idea what happened in court on 4,/4. No one seems to talk about it.

[WAMUSHAMU]

China Hills…. Perhaps I know who your friend is.

[b3]

Killinger was highly compensated, while driving WAMU prices down to about $0.04 per share, rejecting JPM's bid for $8.00 a share.
While CEO of Washington Mutual in 2007, Killinger earned a total compensation of $14,364,883.
In 2008, he took home $25.1 million in compensation.
Killinger received a $15.3 million severance payment in Sept 2008 as well as a $445,200 lump-sum payment for vacation benefits & a $300,669 special payment.

[lodas]

killinger should have taken the 8 dollars per share as that was the best offer he could get at the time...actually, had Killinger taken the money an folded WAMU into JPM, the old shareholders would have suffered no losses as the capitalization of both banks would have gone off the charts... as it was, JPM got WAMU for free by killinger not accepting the 8 dollars per share offer... Killinger was in no position to barter as he was on the ropes and the FDIC was starting to breath down his neck... if Killinger would have accepted the 8 dollars per share, you would have suffered no loss in value for your positions...as it was, WMI cancelled the preferred interest when they were converted to equity, and abandoned.... Lodas

[Royal Dude]

Guess what this is connected to: LMAO :) Washington Mutual???? Always thought thi is where the 176 Billion is coming from? AWRIX thought the These Large Portflio were desighed for part of our value for legacy. Now being used in the DTCC. Money or assignment of value is being used and will be hidden on April 11th.

"Effective April 11, 2024, the following firm will be deleted as Sponsored Member of the Government Securities Division: State Street Bank and Trust Company is the Sponsoring Member for these firms. Please note that only the designated Sponsoring Member is authorized to submit transactions against its Sponsored Members. Questions regarding this Important Notice should be directed to your DTCC Relationship Manager. Symbol Fund Name AWRIX American Century Variable Portfolios, Inc. - VP Growth Fund
https://www.capitalgroup.com/individual/investments/fund/awshx

https://res.americancentury.com/docs/Growth_vp_summary_1200_nc.pdf

https://www.capitalgroup.com/individual/investments/fund/awshx

https://www.americancentury.com/invest/funds/?t=perf&shareClass=investorClass&type=ETF&type=Mutual+Fund#

[newflow]

PIG offered $8/share which was rejected by WMI in 2008.Do you remember "Project West"?.

[t1215s]

Ok I don’t usually get involve ,but! American Dream Downpayment Act of 2003 When you give any business more loopwholes regardless and when everybody issss/was doing it ,jump in the waters fine was their moto AND OPEN THE DOOR TO THE HAVE NOTS OR THE FOOLISH ,hence I blame US.GOVT 99.9/10 % imo. My down fall was trying to catch the dot comes MID STREAM in 2000, OUCH MY BUTT STILL PUCKERS UP EVERY LONG ONCE IN A WHILE WHEN I GET FLASHBACKS AND THINK ABOUT BACK THEN
😳😂 No debating AIMHO.
GoGooooooCOOP
Have a great weekend people-Ts 😉

[JusticeWillWin]

LATEST $COOP PPS targets===>DEUTSCHE BANK👉$88, Piper Sandler👉$88, UBS👉$86, Wedbush👉$85, KBW👉$81, Barclays👉$80, Compass Point👉$76

[lodas]

my friend was in the real estate business writing liar loans to aliens from across the border and lived in a million dollar house in Chino, calif. during the runnup to the 2008 financial crisis.... needless to say he lost it all when it went bust, his house and savings, and now lives with his sister drawing social security....I went to many house parties at that time, and he was living high off the hog...too sad, and to this day, he never expressed remorse for his actions...Lodas

[UpTickMeA$AP]

Exactly.

But they don't care... Everybody in that game got rich during the years before the crash. From the top executives, all the way down to the moron loan officers. I saw kids fresh out of high school, driving Mercedes, having a million dollar home.

Nobody feeding off the madness wanted it to end, and many refused to believe it was coming to an end.

The smart ones are still rich today from that insanity.

Unfortunately, when people get rich, somewhere people are getting poor. Unsuspecting shareholders of these players, got slaughtered.

It's mind blowing that a few are still in denial about it, and to this day, still expect to get rich off it.

Money does strange things to people.

[lodas]

blame killinger and the BOD for running WAMU in the dirt...the US law had nothing to do with the corporate actions taken to deliberately sell chicken sh&t HELOC loans against rising equity values during the 2008 financial crisis....Lodas

[go_wamu]

....11 years nothing speaks volumes ...

....nothing for 11 years shows the weakness of the US law only, if someone can afford hundreds of lawyers!

[955]

Truth be told. CRA, subprime, no-doc, alt-A madness. Deliberate and intentional. They knew exactly what they were doing. Sabotage.

[JusticeWillWin]

>>>>>>>Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024

https://www.businesswire.com/news/home/20240404446961/en/Mr.-Cooper-Group-Inc.-to-Discuss-First-Quarter-2024-Financial-Results-on-April-24-2024

[BBANBOB]

Coops is up nicely in PRE MARKET

[t1215s]

Good morning people, Considering yesterday's market numbers IMO. COOP-OTIS done did good 😉(The FI's took a little smack) YUCK!!!, Lets see where we go today as of this post the market seems in favor of a little up-movement,But who knows later with the unemployment numbers do out
(Edit) market up 140pts)

GoGoooCOOP
Time to hit the gym
The diet issss done, off to the Club later today-cocktails and dinner😉
Have a great weekend people GLTA-Ts

[newflow]

LIBOR litigation is not a joke.Yale got some $780 million imagine FDIC-R claims?.Due to LIBOR manipulation WMB borrowing was under pressure and it also helped for its collapse.

[mikepgator]

Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024

[mikepgator]

https://stocks.apple.com/AXBxhWo-ZQICCOplnVVEzDA

[Royal Dude]

The FDIC will take care of the rest.

[Royal Dude]

ASAP This summer, JPMORGAN took care of the rest of the $ last summer with the 1st Republic. I can't believe I am feeling sorry for you, not

[lodas]

yoiu are not a shareholder anymore, because your prior values i WAMU, and WMI were abandoned as a result of the GSA negotiations which resulted in WMI being able to exit chapter 11 with 6.5 billions and 5.89 billion in NOLS, in settlement for the 20 billion dollar claim against the FDIC.. WMI was able to negotiate over 12 billion dollars in recovery of the 20 billion dollars they tried to sue the FDIC for, but failed, as the case was thrown out of court for lack of substantiation, and proof...all dividends to preferred were deemed null and void because the claims were backed by UNSECURED LOANS......Long Beach Mortgage was writing gobs of HELOCS on rising equity home values that went sour during the financial crisis when many homeowners went bankrupt.... my tenant who rents one of my apartments went to Las Vegas in 2010 and bought 5 homes... the banks were giving them away at 50,000 dollars a piece... they had been listed at a value of 350,000 dollars before the 2008 financial crisis!!!!!!!!... so he got 5 , 350,000 dollars homes for 250 ,000 dollars.... he was renting them out for more than what the loan on them was worth... today he is a millionaire....timing is everything...someones loss, is your gain in financial matters..... nothing is coming back from the chapter 11 now closed......common sense, use them, they work!!!!!....11 years of nothing speaks volumes... Lodas

[UpTickMeA$AP]

You are misrepresenting the derivatives as a tool that covered all losses, like you misrepresented so much. Hence, the reason you lost, and the reason wamu shit on itself. They took advantage of the situation, and wrote an insane amount of pure junk.

You won't ever see another dime here.

Maybe another 15 years of failure will open your eyes.

[ron_66271]

The Community Reinvestment Act…

required the banks to make loans to unqualified applicants.

Thanks JC and BO.

Banks like WaMu recognize the risk and helped create the ABS/RMBS market.

Now the Banks like WaMu loan risk portfolio is even lower because now the losses are covered by the insurance policies of the Derivative insurance contracts.

Therefore;
No losses to the loan holders (ABS/RMBS).



Ron

[dm57]

I’m here because I believe I will be paid. If I didn’t believe - I wouldn’t be here