Mr Cooper Group Inc (COOP)

[BBANBOB]

LG

a LARGE GREEN BINGOOOOOOOOOOOOOOOOOOOO on that one

[BBANBOB]

RON
""Removal of APR was do to the Retained Earnings of the February MOR""

Or could it have really been because of the JUDGES view that since they got caught for IT, that she would penalize CLASS 19 by allowing "" ALL CLASSES TO PARTICIPATE in CASE THERE WAS NOT ENOUGH TO GO AROUND"" with the APR in place ????????????????????????????????

One needs to look at both sides of the coin and she SPANKED CLASS 19 and caused them to give up 25% to a Class that never should have been allowed to participate ""UNTIL CLASS 19 WAS PAID IN FULL""'

This is why I suggest ya can't have it both ways, cap in anyway form or fashion CLASS 19 and then allow only U's to inherit the bulk of the estate, this would send the MARKET FOR PREFERRED INTO A TAIL SPIN, just like the BONDS WILL BE paid somewhere down the line or the BOND MARKET would freak out as well.

Hey bud the clock aint at zero, so lets sit back and see how the game ends, you may be right and then again ya may not be, WHO KNOWS imho neither of us do for sure

[BBANBOB]

RARELY are a COURTS signed orders over turned, AND ESPECIALLY WHEN IT WOULD BE BACK IN THE SAME COURT THAT ISSUED and SIGNED OFF ON THE PLAN

[BBANBOB]

AND GOOD LUCK WITH THIS TOOOOOOOOOOOOOOOO,
I belive regardless whether you signed or not, you will still get pay,


as that WOULD INSURE A LEGAL MORASS to take place here and the JUDGE will not allow that...........
And imho it would be headed up by TEPPER SAVITZ and BONDERMAN oh and throw the UW's in there as well........

Contracts and their conditions when negotiated settled and signed off on by the court IMHO WILL NOT BE OVERTURNED, but instead UPHELDDDDDDDD.
Simple legal outcome

[novascotiaSTS]

This is not complicated. You could literally just write an email to JPM’s IR team and ask them about the purchase price payment for WMB.

But of course you won’t, right?

[BBANBOB]

Mufa
ALL I can or will say is DIG REAL DEEP INTO ""YOUR POCKET"" or ANY that decide to bring suit, since there will NOT be a LAWYER ONE imho that will take this on a CONtengency, but they darn sure will take your money on retainer..............................PANDORA's BOX imho will never be opened on this thing

Plain and simple ALL HAD the same payout MATRIX INFO and CONDITIONS basically PUTTING ALL on a level playing field.

LG and I discussed many times WHY THEY OFFERED UP the payout matrix and said YOU EITHER SIGN OFF to participate or you get nothing............

THEY HAVE COVERED THEIR REARS IN OUR OPINION...................

GOOD LUCK if you so decide and your case will be short and sweet, about 10 mins before the JUDGE DISMISSES IT, OH and you DO realize you would be in front of THJMW right

[PickStocks]

Along with Libor cactus claims “... (XXXX) is comin' “. Double whammy…..

[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

[Large Green]

BB, I believe the payouts revolve around two major actions.

1) The resolve of Libor

2) The resolve of (R) the Receivership being brought to a final conclusion

3) The FDIC has not been released and as a result of that action JPM has not been released via the FDIC[/b]


…

[BigBang]

Dimon and FDIC likely have the settlement ready

I thought that the Amended POR 7 was the settlement; JPM has to pay book value for what they confiscated (stole).

[BigBang]

JPM must pay for assets as explained in Amended POR 7 signed by the court on 2/23/2012

How is it possible that JPM hasn’t paid for those assets by now; it’s only been 12 years! And, in addition to paying for those assets, how will escrow owners be compensated for waiting this long?

[novascotiaSTS]

Once it is clear that no money is coming to Escrows in 2024 the happy gullible audience will readily move on to new dates in 2025, 2026 and beyond, all based on exactly the same theories like in the past 16 years.

[newflow]

Your honest question sync in with your honest character, why don't you call coop IR.

[basesloaded]

Sorry, how big ($ figure) is the pending settlement for COOP?

[lodas]

https://www.sec.gov/Archives/edgar/data/933136/000119312514100035/d630387d10k.htm
page 9......7.54 Billion in NOLS in 2012, and 5.98 Billion in NOLS as recorded for use with the 2013 WMIH 10-K..
an honest question to L.G, Ron, Boris, BBAN, newflow, and others expecting a return... take me off ignore, and bury your hatchet for once, and answer this SIMPLE QUESTION::::::::

under what circumstances would the IRS grant a 7.54 Billion in Tax NOLS to a corporation exiting chapter 11?...was the NOLS in connection to a shareholders loss in retained earnings, or more specifically a loss in equity?.... I call your attention to the fact that shareholders who lose value on a stock (equity) in the stock market are allowed a deduction on the income tax... is it not the same for corporations who writeoff equity earnings on a stock that was cancelled? the FEB MOR shows a Shareholders Retained Earnings loss of (20.7) Billions, but does not indicate a money trail to where it went...The MOR does not state that it went to a Treasury Bill, as ron suggests...my question is how can one simply remove 20.7 billion from a balance sheet, say nothing to why or where it went, and THEN CLAIM 7.54 BILLION IN NOLS WRITEOFF???.....ISN'T THIS FRAUD BY WMI?...or is the simple answer that WMI took the 20.7 billion dollar loss in the GSA agreement, and got the 7.54 billion dollar NOL writeoff against future earnings...this question is pivotal to your expectation of more returns... a reply is expected by any one, or all of you.... Lodas

[Boris the Spider]

From hold2wm:

"Dimon and FDIC likely have the settlement ready and once FDIC gets the deal from UK banks, then US banks will come to terms w/o additional legal fight imo. That said I won't be shocked if we see the Libor settlement in the next few weeks."

Of course I know that's not what SOME of you want to hear. Nothing is certain. But hold2 has been following Libor closely and is not an easter bunny type. Let's see what happens. I think this yr could be big but who knows???

[Large Green]

Boris, I believe there are a few buckets of returns due to those investors who signed timely releases by 3/2012.

1) JPM must pay for assets as explained in Amended POR 7 signed by the court on 2/23/2012

2) COOP has used assets since 2012 without paying for them and making tons of money from servicing those assets. Remember, to have an asset that you can make money from is worth a fortune in itself, so when WMIH exited Chapter Eleven of the Delaware bankruptcy case/court, it only had 75M in cash and about 6B in NOLs...nothing more...then during the ensuing years they were able to have a servicing platform of around one trillion

3) The investors who signed timely releases are due monies from COOP for using those assets for years of which they did not own. One could also speak of Xome which I believe the same investors own because there is no way COOP could not monetize Xome as CEO Bray spoke of several times over several years, so this tells me COOP does not own Xome in its entirety

4) Then we know there are the Safe Harbor assets that should provide another bucket of returns but only time will tell

5) Also the FDIC should still own us for assets they took and not repay us not to mention the potential we should have once Libor is settled which should happen this year


...

[Boris the Spider]

LG, some on smart board think our Ps will be converted to new Ps. Interesting idea because that could be done easily without it costing anyone anything. They would just be traded on the open market. But who would issue the new Ps? Coop or Jpm?

And what value would be placed on the new Ps? Surely much more than $1000 face. Then what value would they have going forward if assets, minerals, etc. start to come into the equation. It gets really complicated.

[BigBang]

soon". Is this days, months or years

He will never commit! He speaks in veiled gibberish.

[Large Green]

Boris, you commented on JWW's post that follows.

_______________________________

Jww...imagine the pps when the 2.5% hits.

Could be meteoric.

_______________________________

I do not believe they will let the price skyrocket into the hundreds of dollars per share and as many have witnessed they are having a hard time keeping the price as low as they have. So, to me, it would seem before it becomes glaringly obvious, that there will be a positive financial event that will keep the price from going into the hundreds of dollars per share. The following MAY play a major role in the upcoming COOP financial event.

1) Remember, there are ten million Preferred shares that are shelf-ready and authorized to be used on a minute's notice plus these shares were never reduced in the October of the year 2018 Reverse Split and were never reduced since they were authorized on the (ED) Effective Date of March 19, 2012.

2) There are 300 million common authorized COOP shares to be used on a minute's notice

3) COOP has purchased 36 million common shares of its stock which has lowered the outstanding stock to around 64 million

4) There could be a forward stock split to lower the COOP price when the future value (2.5% and/or Xome monetized) comes to pass

5) COOP could be taken private in a very cheap takeover with ultimate value continuing to be legally obfuscated

6) I predict relatively soon that we will see an exciting event for both investors who signed timely releases by 3/2012 and those investors who hold COOP and did not sign timely releases. I believe the financial event will have to do with COOP paying those investors for some assets those investors who signed timely releases for their ownership in the former WaMU Estate


...

[ron_66271]

Completely Wrong BB0b.

Alice had no right to offer a charge in Class to anyone!
The Underwriter were the underwriter for a Class 19 security.
Therefore the UW never had the reason to go to Class 22.
All fictitious stories made by Alice.

APR;
Removal of APR was do to the Retained Earnings of the February MOR which created a payment mechanism for payment to Class 19 and Class 22 before Class 19 was satisfied. The ~2.1X greatly satisfy the Class 19 past interest payments


And YES I HAVE READ THE DOCUMENTS!!!



5885,
Ron

[dimples52]

AZ,

Now ?, ol' cactus is just waiting around for the completion with everything "now freebies" ... COOP' / released P's, K's, and WMI Common Share uq's ... and the WMB Bonds' ... it should be soon' ... (XXXX) is comin'


How many times for so many has this been posted on this board concerning when....i.e. "soon". Is this days, months or years?

[KeyKey]

@justnormal: It depends. You know that I have still doubts, if we will get further payments (doesn't matter if by shares or by cash). And therefore I thought it would be good to find out who lodas really is. Because it seems to me that he knows too much for being an "ordinary" person. So there must be some relation to his job or to whatever. At least we should not exclude this possibility.
And AZCowboy is unfortunately not serious enough for me to trust him. I don't understand why he won't change his writing-style to a more serious one.
So we can still just hope ..
And coming back once again if it matters ...
I would feel better when I know that lodas is just an ordinary person and no insider. Because when he is actually an insider and is right with his referings to the documents, then it is all said (just we would not know for which reason lodas informs us here again an again .. ). Something is not consistent. I am wondering what will be written and discussed when there are no information about payments in 2024 .. we just can hope that we will have information about soon ..

[justnormal]

Hallo Key Key does IT realy matter? Gruß Just

[user7770]

...When it never should have mattered.

What sort of luney goes "all in" on just one class, anyway?

[xoom]

My bad but yes completely agree. Same as the 75/25 never ending discussion. Can you believe it’s been 12 years and that discussion still continues ?

This is the whole problem with what is being discussed, PEOPLE DO NOT READ WHAT IS WRITTEN, THEY interpret it THE WAY THAT THEY WANT TO SEE IT or read it

[Boris the Spider]

Jww...imagine the pps when the 2.5% hits.

Could be meteoric.

[stoxjock]

SHHHHH. ...We are about to get paid $100B+ from the "LIBOR 'Settlement' that FDIC is overseeing for us...

[JusticeWillWin]

COOP's fair PPS is $200 to $250, if not even higher

Check COOP's current P/E ratio:

https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP

COOP's trailing P/E is only: 10.68
COOP's forward P/E is only: 6.23

The P/E ratios in this list (data is as of January 2024)
Financial Svcs. (Non-bank & Insurance) covering 172 companies is the correct row:

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

Financial Svcs. (Non-bank & Insurance)
The average P/Es are:
Current: 34.63
Trailing: 25.59
Forward: 25.54

So COOP's P/E is way too low and COOP is absolutely undervalued.
The PPS should be $200 at least, if not even $280 to $315 considering the forward P/E in my opinion!

[suzuki1a]

BTS, just a guess on my part. I’m going with inability to interpret plus lack of comprehension. The mentality of it can’t be my fault, therefore my problems are caused by someone else.

[mufa]

Many of them did not release, thinking they can sue for fraud.
I know few of them.
When we get pay, they can still do it cause they hide a lot from us in order to make a right decision.

I belive regardless whether you signed or not, you will still get pay, most of the payments comes from outside the backrupcy, this way everything is clean and closed.

Will you spend 24 h /day posting on something you know you lost?

[mufa]

Everything was done behind the scenes, you can't say you got the same information as TPS (they signed after meeting with Susman).

That s why the stay around here.

[lodas]

@ KeyKey..............subject: "ownership change", page 9.....
https://www.sec.gov/Archives/edgar/data/933136/000119312514100035/d630387d10k.htm
Lodas

[AZCowboy]

~ LOL', Yepperini, It Is Up To Me ! ! ... Isn't It ? ... I don't have any questions ... None' ... ~

"Well, it is up to you"

... LOL' ...

just sayin' :) :) :)

AZ

[KeyKey]

@AZCowboy: You would be taken much more serious without writing words like "Cactus" "LOL'" etc etc .. Is it really important for you to communicate on that level ?? It is really difficult to understand and follow you .. Well, it is up to you, but with just reading the sentences, I would trust lodas much more ..

[jhdf51]

Mid summer soon? Fall soon?

JHD

[AZCowboy]

~ Well' ... WMIH / "COOP" Has Already Made This ol' Cactus Cowboy ! ! Quite Happy ~

... don't quite get any thoughts related to a ... "Pig In Poop" though' ... ? ... But the source consideration' explains that ! ! LOL' ...

the 2018 Acquired Sub, now symbol "COOP"s pps ride up from the single digits, allowing for the recovery of ALL WaMu expenditures for anyone and everyone to take advantage of ?, ... worked out quite well ... Thanks ! ! ... including what was (cowboy) spent on the WMB Bond DIRECT PURCHASES', after the Holding Company's Reorganization and before "Globic" settled, showing the included cusips' ... rock on' ... those Directly Owned WMB Bonds are saweeeeeeet ! !

Now ?, ol' cactus is just waiting around for the completion with everything "now freebies" ... COOP' / released P's, K's, and WMI Common Share uq's ... and the WMB Bonds' ... it should be soon' ... (XXXX) is comin'

"Abba Da Ayy" ... and those that have "Pigs In Poop" ? on their mind ? ... well, good luck with all that, SMH' ... wow ! ! LOL' ... LOL' LOL

just sayin'

AZ

[KeyKey]

@mufa: Ok, let us assume that lodas didn't release .. ok ..
But would this really be a reason to post here ongoing .. day by day ?
And again: Where does lodas have all this knowledge from ??
Still wondering.
Well, I am not a native english speaker .. ok ..
But also when I would be a native speaker, it would not understand all the things which are written in the court documents ..
You need to be familiar with this business also when lodas will not agree.
So who is lodas ? Is it an US-finance lawyer ?? And how old is he really ?
We probably can still just guess .. But something seems to be strange ..
Anyhow .. We should find out the next months .. or LG is right and it needs further time till Jamie retires .. So one extension after another after another after another .. And lodas just insists on his documents and nothing else beyond .. strange strange strange .. so he might know more but he will not tell .. so again the question to @lodas .. do you have another source than just reading information from documents ?? Did you speak to somebody from FDIC or whoever ? And again: Are you a lawyer ? Which profession do you have ? Thanks

[BBANBOB]

I'll be as happy as a pig rolling in poop

Didn't say I WOULD ROLL IN POOP

This is the whole problem with what is being discussed, PEOPLE DO NOT READ WHAT IS WRITTEN, THEY interpret it THE WAY THAT THEY WANT TO SEE IT or read it

[xoom]

Please ask somebody to make a video when you do this, and post it on Instagram and YouTube
I can guarantee that you will make millions with just the number of views for that video

so if 4.6 X's face comes back to P's and face to K's I'll be as happy as a pig rolling in poop

[BBANBOB]

I have always told RON and AZ that we agree on the important things, there is money left to come back here and all will be just time no matter how it ends up.
But I also say that we are gonna have to agree to DISAGREE on just how it comes back and who ends up with the bulk of the estate.
Again if 13%(12.7) of face comes back here, I am made whole plus some bank, so if 4.6 X's face comes back to P's and face to K's I'll be as happy as a pig rolling in poop and even with the few commons I have if if if they get the bulk I'll be happy as well..............................Gonna be real hard imho for me not to count this as the best ROI I have ever pulled on a large scale, SO HURT ME

But I just don't see how DA BOYZ would have negotiated themselves into a subordinate position to commons, just doesn't make sense to me.

[xoom]

Not taking sides, but I think what Ron is trying to say is that :
* There is a kids line with lots of goodies (class 22)
* There is a grownup line (class 19) with limited goodies ( too much goodies not good for grownups)

Bop asked UW’s to go stand in the kids line as kids are more flexible , but UW’s said they don’t see it that way, as they don’t consider themselves as kids, so they prefer the grownup line, class 19.

[BBANBOB]

Goodie

"" they SNUCK into the P line"" hehehehe with a little additional help by not putting the stipulation on the JUDGES DESK for her review, OH and that was the only stipulation out of 49 that DID NOT MAKE IT TO HER DESK FOR REVIEW, HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

One then needs to ask themselves WHY THEY DIDN'T JUST stay in CLASS 22 if CLASS 22 is gonna inherit the bulk of the ESTATE and CLASS 19 will only get a fixed payout rate...

I'm SOrry but you can't tell me the UW's lawyers would have missed such a BOBVIOUS choice as it has been suggested here, ALSO they had almost a whole additional yr TO CHOSE where they WANTED TO BE and to STUDY the plan .

One then would have to ASS/U/ME that their lawyers missed such a BOBVIOUS choice since some little ol message board LEGAL EAGLES have been able to see it.

It just make no sense to me that they would have missed something that is supposedly SO OBVIOUS to some


COMMON SENSE AND LOGIC USE THEM THEY WORK

[goodietime]

"the UW's had the opportunity to move to the only dilution allowable CLASS which was class 22. WHERE THEY were ONLY SUPPOSED TO BE PLACED IN THE FIRST PLACE "

That is the way I understand it also. BUT, for 'some reason', they SNUCK into the P line.

[BBANBOB]

Mufa

""they can go and sue for fraud .""

WHAT FRAUD ??????? the POR /GSA was done the way it was as a COVER YOUR REAR TYPE THING imho.
They told all up front the payout matrix (CYA) and they told all you either elect to participate or you do not(CYA)
Now sure they can sue because of anything but they would not win.
If they went into court imho the judge would make quick work of them by simply asking, were you informed of the payout matrix and that if you did not elect to participate that you would get nothing, their answer would have to be YES I WAS BUT, the Judge would then say there is no but and case dismissed. imho

[BBANBOB]

RON
IF ALICE had the right to offer or not, the UW's had the opportunity to move to the only dilution allowable CLASS which was class 22. WHERE THEY were ONLY SUPPOSED TO BE PLACED IN THE FIRST PLACE

""Alice made up the Class 22 offer to the Underwriter’s.""

You do NOT know this statement to be FACT at all, so looks like you may be making things up don't it

[mufa]

KeyKey, he is nobody! He did not released, that s it. Many of them have hope we won t get pay, and when the door is closed, they can go and sue for fraud .

[KeyKey]

@lodas: And how does it come that you know all these things in detail ??
I am from Europe and I have not read the documents or just superficial.
Why ? I am working in another profession and I am far away from understanding all the US -law and -finance topics. But I still do not understand your intention and your role here. Sometimes I'm thinking if you are an insider who wants to prevent us from spending too much money which we might not get from our dreams. But how can I find out, if you are an insider or not ??
I am pretty sure that you have or you had a job in relation to US -law or -finance (e.g. as a lawyer). Otherwise you wouldn't have the knowledge.
However, if you are not an insider and if you are just referring to documents without looking beyond them, then I still can further dream-on about the chance that former shareholders will get further distributions somewhen.
When will you be in the age of 90 years ??
Still thinking who you really are .. I can not imagine that Brian Rosen would write here daily But who are you ????

[lodas]

Large Green.....there is a misconception about the term change in control that gives old shareholders the estate....such is not the case for the following reason......a change in control is more about the use of the Tax Nols granted to WMIH in connection with the settlement of the GSA, whereby, a change in 5% of the shares in WMIH would cause the IRS to deny WMIH the benefits of the use of the NOLS.... why?... anyone with a large tax obligation to the IRS could buy ownership of WMIH and use the tax benefit illegally to circumvent his taxes owed to the IRS...so, although there is an ownership change in the company through 5% of the O/S does not imply shareholders "own the estate through a chapter 11 restructuring".......Lodas

[Nightdaytrader]

4/2/2024 Notice of Termination of Receiverships

A Notice by the Federal Deposit Insurance Corporation on 04/08/2024

Federal Deposit Insurance Corporation

Document Statistics
Document page views are updated periodically throughout the day and are cumulative counts for this document. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day.

as of 04/06/2024 at 10:15 pm EDT

Published Document
This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

The Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for each of the following insured depository institutions, was charged with the duty of winding up the affairs of the former institutions and liquidating all related assets. The Receiver has fulfilled its obligations and made all dividend distributions required by law.

Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10029 Bank of Clark County Vancouver WA 04/01/2024
10048 Omni National Bank Atlanta GA 04/01/2024
10538 Almena State Bank Almena KS 04/01/2024

The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.

(Authority: 12 U.S.C. 1819)

Federal Deposit Insurance Corporation.

Dated at Washington, DC, on April 3, 2024.

James P. Sheesley,

Assistant Executive Secretary.

[FR Doc. 2024-07371 Filed 4-5-24; 8:45 am]

BILLING CODE 6714-01-P

https://www.federalregister.gov/documents/2024/04/08/2024-07371/notice-of-termination-of-receiverships