Mr Cooper Group Inc (COOP)

[BBANBOB]

Xoom
I am not being a jerk over this and am asking nicely, so just show us how you have gotten to .18

TIA

[xoom]

Bban legacy commons experienced 2 reverse splits since 2012. Please see my calculations in my earlier post
https://investorshub.advfn.com/boards/replies.aspx?msg=174063407

Preferred’s only had one reverse split
The first was a forward split
Second was the /12 reverse split

[AZCowboy]

~ AGAIN', MY Response on this here COOP forum, Was To XOOM' ... why do sum here ? always think they are being responded to ?, when they are NOT EVER considered' Relevant by ol' cactus; ? LOL' ~

... yeeesh' ... SMH, and LOL' ...

just sayin'

AZ

[KeyKey]

I fully agree !! Which sense does it make, to block or ignore a peson, just because she or he has another opinion ?? That's stupid.
I want optimists to check the facts from lodas as well.
I want lots of discussions between optimists and pessimists.
Why shouldn't this be possible ? I can't understand.
It only helps us when optimists and pessimists work together and clarify topic for topic .. thanks ..

[BBANBOB]

Left handed or not
But PALLLLLLLLLLLLLLLLLLLLLLLLLLEEEEEEEEEEEEEEEEEEZE show me where I have contended 100's of BILLIONs or RILLIONS,,SHORT OF possibly the 299 shown outside the FDIC's own pie chart that DID NOT INCLUDE WAMU

I think if you are honest and fair you will only cite 32-8=24 or the good DR "A"s 86 bill as to what has been said by me for the most part......short of the possible 299 part.

Remember though the SEN SUB COMM on banking DID DID DID say that at the time of seizure we had 635 BILL in loans out.
Now as any home owner knows, by the time they pay off a 30 yr mortgage they have for the most part paid aprox 2.4 times the value they actually borrowed.

SO yes I can see where the numbers COULD GROW exponentially very large but, please again KEEP IT REAL 32-8='s 24 of the 86bill or on a real stretch the 299

[PickStocks]

Let brink back your napkin math…wait another 15 years…..

[JusticeWillWin]

👉👉👉Mr. Cooper Group COOP 100% BUY @ barchart.com

=====> https://www.barchart.com/stocks/quotes/COOP/opinion

[AZCowboy]

~ Hmm', I Could See How the 2018' Acquired' sub grouping' ... "COOP" ... would need to offer some sort of financial recovery to the "Original Releasing Owners" of the actual WMI Holding Company's 2012 Reorganization' ... ~

To Me ?, This concept actually makes the most sense out of all of the ... "cock-a-mamey" ... hundreds of billions' coming back and any chapter 11 reorganization for the WMI Holding Company being allowed to reorganize with billions of dollars in retained earnings allowed to be listed, NOT' ... my opinion of course'

some thought went into this ... nice work' ... it would be nice to end all of this' ... this could work

oh, and just for continuity, ... the GSA was settled between WMI and the FDIC' pre reorg' ... and the Dual Track in Judge Collyers Court settled with "Globic" post reorg ...

Oh and added: ... LOL' I threw my calculator out a few years ago' LOL ... I'll let a few of you others consider the numbers' ... LOL ... I'll be just fine with any ending and final result' ... as stated, I've already pulled out my WaMu costs from the COOP' profit train, rolling up from the single digits into the $50.00 pps share ... with enough COOP shares still left to pay attention ! ! (pun intended LOL)

have a nice day people'

just sayin'

AZ

[BBANBOB]

I must be missing something still, $73 div by 12 is $6.08 that seems to be a very long way from .18 SPLAIN ME PLEASE in all sincerity

[BBANBOB]

TIME TELLS ALL RD

[xoom]

The 18 cents was without factoring new shares. That’s current reality of commons .
Now if we factor in new shares it will go up. But 18 cents is current reality. Wouldn’t call it fair as of this writing.Even if COOP pps is $73, when translated into legacy WAMUQ, for those who did not buy more COOP, is still around 18 cents.

[Royal Dude]

They are afraid to allow me to explain to the group that our value is not transferred in the Bankruptcy. The settlement had the goods that Brian Rosen could not get his hands on and have always used the bankruptcy to hide. Our legal representation from the Hedge funds settled outside of BK. Why would BR still be involved if there was not an outside settlement to Escrow/Legacy/ and remote assests. Read all Lotus BS only using the BK language. All Trust or remote assets language is completely separate and has become the great deception from the Rosen/Lotus machine. He thinks he is the master of the universe while being the demon of samantics. The definition of a lawyer. They will burn.
Royal

Lotus
Re: None
Monday, March 18, 2024 8:25:22 PM
Post# of 724726 Go
sadly. what some people on this board expecting more recovery dont understand is that THESE COMPANIES CEASE TO EXIST ANYMORE!!!....... when the chapter 11 was ratified and closed, and release signatures were secured, these companies went into lala land, or oblivion, and buried...a new corporate structure emerged from the old remains with no ties, or obligations to the old equity holders, AND THERE IS NO OBLIGATION TO MAKE THEM WHOLE AGAIN!!!!!!!....if you signed a release, then you gave up all your rights to any former values in the old company... if you did not sign a release, then you have to go to court and sue to get your values returned to you.... 6 that simple... for those of you who have waited, and are waiting to be made whole, you are waiting for a train that derailed on the tracks 12 years ago.....everything posted concerning returns, without documentation is hope and fantasy, and a waste of time....Lodas"

"WHAT: DTCC will be conducting a test of our business continuity and disaster recovery plans. As a result of this testing, DTCC’s Institutional Trade Processing (ITP) TradeSuite ID ® service will be temporarily unavailable. Although this system testing will impact some processing schedules, regular processing and access will resume immediately following the exercise.

WHEN: Please be advised ITP’s TradeSuite ID system will be unavailable between 12:00 PM ET Saturday, April 6th, 2024 and 12:00 PM ET Sunday, April 7th, 2024.

FOR MORE INFORMATION: If you have any questions, please contact us via MyDTCC or contact your Relationship Manager directly.

[Bill48]

I see you are still working on buying escrow holders shares!! Hmmm !! I’m not a huge believer in this share compensation of coop shares our escrow shares!!

[BBANBOB]

XOOM

Not sure how you figure this....... IF you were to get new shares @$71 TODAY, on top of what you have already gotten and you pay nothing for them, please tell me how they are only worth .18., seems to me they would be worth their trade able current value, over and above what you have already received.
Now granted the ones you have now are only worth INCLUDING ALL OF THE RV's are only worth .18 according to you but how is that even possible?????????
$71 divided by 12=s 5.91

ALSO how many paid .01 to .10 and or didn't avg down if they were able? Heck even MW paid .20 and $5.91 divided by .20 is a pretty darn good return 20.99 X's ROI based on $5.91

Not saying that we were treated fairly, but I see NOTHING negative about possibly getting additional shares today @ $71 and ifin you don't want them if this happens I AM SURE there are many here that would gladly take them for you

[PickStocks]

What are you afraid of…..that lodas is right…if you want him to stop posting….show him the truth as to why he is wrong…very simple….

[BBANBOB]

I do not even see the name LODAS , unless someone responds to his post and I see it is in response to him, IGGY here on IHUB takes the poster out of the lime light

[PickStocks]

If there is a crash….. I am ready for it…..coop is the tell….hope you are in or you are buying coop…

[PickStocks]

Why not just email him and ask him what you’re thinking…

[kevins131]

Maybe you are just wrong and just need to quit talking because nobody wants to hear you.

[jhdf51]

Thanks LG, so what would that pay old preferred owners?

JHD

[diamondguru-one]

man your the BEST....YOU got a answer for EVERYTHING !!!!!!!!!!!!!!

[lodas]

read the official documents again, or get a lawyer to read them for you... YOU ARE NOT A SHAREHOLDER ANYMORE IN WAMU, AND NO RIGHTS TO ANY POST CHAPTER 11 ASSETS (THERE ARE NONE) OF WMI.......!!!!!.........I am getting tired of repeating this stuff to you guys who do not read the documents..... the only thing that was said in court, or out of court thats matters is WHAT WAS AGREED TO AND SIGNED BY THE JUDGE AND FILED ON AN SEC DOCUMENT!!!!!!!!!!!!!!!!!!!!!!Lodas

[Ray_137]

Rosen said in court: There are assets other than these equity committee can go after those assets. Second if nothing exists why they changed interest rate on Ps?

[Ray_137]

Big guys will buy puts before market crashes. Makes sense.

[xoom]

It’s less than 18 cents per share (UQ)
So made out well is completely false for a 15 year hold.

[iPrelude]

WMI Entities: WMI, WMI Investment, Ahmanson Obligation Company, H.S. Loan Corporation, WAMU 1031 Exchange, WM Mortgage Reinsurance Company, Inc., WM Citation Holdings, LLC, WMI Rainier LLC and Washington Mutual Capital Trust 2001.

(https://www.sec.gov/Archives/edgar/data/933136/000090951812000087/jg02-2712_8ke21.htm)

--------------------------------------------------------------------------------------

“WMI Entities” shall mean WMI, WMILT, WMIIC, together with their present and former subsidiaries, affiliates, successors and assigns, including, without limitation, WMI Holdings Corp.

(https://www.sec.gov/Archives/edgar/data/1545078/000090951815000162/mm06-0115_8ke101.htm)

--------------------------------------------------------------------------------------

Which are the WMI entities now??

is Woodway fiduciary & advisors LLC a current WMI entitie??
Phone: [phone]
Email : [e-mail]

[BBANBOB]

Clinton

""So fair and reasonable going from 1.8 billion shares before reverse splitting 12 to 1""

Only 1.2 elected to participate and if you were to get shares valued @ 71$ when ya paid pennies for them even after a 12/1 seems you'd make out pretty well, UNLESS YOU WERE A PRE

[WAMUSHAMU]

Brian is this you?

[suzuki1a]

You’re obviously wasting your time by continually reading, critiquing and responding to the opinions of others.🤔 Geeezzzzz, Hollywood, gotta script for ya, it’s a good one!

[user7770]

So you've already linked a certificate of dissolution (or equiv) for WMI, and everyone missed it?

For that matter, does COOP still exist? Technically, I shouldn't be questioning the obvious, but you don't seem to be right in the head.

[pokerguru]

Lodas,
I think everyone has heard you. If people want to believe something, let them. I think EVERYONE on this board that have been here since the beginning already has their mind made up on what they want to believe. The newbies that came after and follow COOP don't have escrows ( worthless or not ) to even talk about so you are not talking to them anyway. Stop beating your head against the wall. If someone wants to believe they MAY get something back, let them. It's not hurting anyone.

[goodietime]

"So if one had 200,000 old commons ÷ .03 ÷12= and recieve apx. 500 new shares x 75.00ish currently price per share=roughly 37,500.00? Wow sounds too good to be true....not!"

You got that right. $37,500/200,000 = $0.1875 :(

[lodas]

sadly. what some people on this board expecting more recovery dont understand is that THESE COMPANIES CEASE TO EXIST ANYMORE!!!....... when the chapter 11 was ratified and closed, and release signatures were secured, these companies went into lala land, or oblivion, and buried...a new corporate structure emerged from the old remains with no ties, or obligations to the old equity holders, AND THERE IS NO OBLIGATION TO MAKE THEM WHOLE AGAIN!!!!!!!....if you signed a release, then you gave up all your rights to any former values in the old company... if you did not sign a release, then you have to go to court and sue to get your values returned to you.... its that simple... for those of you who have waited, and are waiting to be made whole, you are waiting for a train that derailed on the tracks 12 years ago.....everything posted concerning returns, without documentation is hope and fantasy, and a waste of time....Lodas

[clintonj]

So if one had 200,000 old commons ÷ .03 ÷12= and recieve apx. 500 new shares x 75.00ish currently price per share=roughly 37,500.00? Wow sounds too good to be true....not!

[xoom]

If you are just referring to WAMUQ legacy commons
First R/S was times 0.03
Second R/S was /12

So if you had 1 million WAMUQ legacy common shares :

After first R/S during the 2012 reorg = 1,000,000 * 0.03 = 30,000 shares


After second R/S = 30,000 / 12 = 2,500 shares

Now for the bigger picture, only 1.19 Billion commons released in 2012. You multiply that with 0.03 you get 36 million shares for commons
Sadly the 2 reverse splits do reduce the share count and also the $$ value drastically .

[clintonj]

So fair and reasonable going from 1.8 billion shares before reverse splitting 12 to 1 twice and now deviding somewhere between 9 and 36 million shares for common holders, essentially the equivalent of 1.8 billion shares in value?

[lodas]

throwing stuff against the wall and hoping it will stick is not the way to make HJCE.....why wont you ever quote what the official documents revealed 12 years ago?.. the company that supposed to give you stock or money does not exist anymore... it was cancelled, extinguished, and all rights to former prospectus were deemed null and void........this is the law, not your speculations....Lodas

[suzuki1a]

In spite of all the fines, JPMC, JD and all the top brass are banking, pun intended! Nothing has changed since the last Financial meltdown and the snatching of WAMU!

[t1215s]

JPMorgan Chase Pays $348M Penalties by Fed & OCC
https://news.bloomberglaw.com/banking-law/jpmorgan-chase-pays-348m-penalties-by-fed-occ-1
JPMorgan Chase Bank pays a $250 million civil money penalty imposed by the Office of the Comptroller of the Currency related to deficiencies in its trade surveillance program.

Separately, the Federal Reserve Board fined the firm about $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct
The board’s action requires JPMorgan to review and take corrective action to address the firm’s inadequate monitoring practices, which occurred between 2014 and 2023

Ts

[mufa]

This year, before the stock market crash.Big boys wants the cash before the market crash (2025 is the year of the biggest market crash in the last 100 years)
Pick, will not affect you financial in any way, shape, or form. It only apply to the ones that signed and released.

[PickStocks]

When do suppose this happening 2034….

[BBANBOB]

ALSO I'll suggest that P's will have NO CONVERSION CLAUSE to commons in their prospectus and POSSIBLY can only be sold back to the company

[BBANBOB]

LG

""More than likely we will be issued 1-1 P as they have ten million authorized and shelf-ready preferred set to issue""
with NO FACE VALUE assigned to them as of yet

[PickStocks]

JUST MAYBE…….you doubt it even though you post it….

[Large Green]

More than likely we will be issued 1-1 P as they have ten million authorized and shelf-ready preferred set to issue

As BANBOB just said all the 36M shares go to commons

[$27]

The numbers are cute. Will be fun to see.
Time will tell for all accredited investors.
Be well
$27

[BBANBOB]

I think they give the whole 36 mill to commons and P's get new P's which should get commons real close to back at 51% ownership

[goodietime]

" roughly 27M shares for the Preferred "

How many shares per P?

[BBANBOB]

I still say they went back in T stock and like ya say if not they have 250 mill left they can issue

[Large Green]

Or if someone wants to say those commons purchased back are cancelled, so be it then as they can just issue new set of 36M commons however they are smarter than that


…