Mr Cooper Group Inc (COOP)

[jhdf51]

It should be soon....those are the words that have been Xeroxed many times.

[BigBang]

Understood. I guess I just got carried away and misread your question.Take care!

[Boris the Spider]

Hi David, you may be right, I may be crazy.

Fact is, we just dont know how this will all shake out. I think we are very close to finding out though. Once Libor is done the waterfall begins.
Judge Naomi is a dem so will she go easy on jpm and dismiss the suit or will she want to help the current administration and inject money into this floundering economy?

"No way will they be tradeable. SCHWAB and others didn't buy Ameritrade for shits and grins. If the investors want to sell their new Ps, they sell to the broker. Period.
They ain't letting go of the golden goose for their private investment gurus. Hey you can get your money out. They will love you for that! THEY KEEP THE SHARES."

[vodkadejour]

How is it not one person (claiming for the last 15 years escrows will pay) has come forward and said on this board, "The naysayers have a right to feel and to espouse doubt after every single one of the dozens of theories and claims we have made have proven incorrect. While annoying to have to argue our points against the naysayers, we did put this on ourselves by making so many strong claims that didn't pan out. I feel deep shame for misleading people time and time again, but genuinely feel/know that I'm right and THIS time it really will pan out and I promise to never post again if I'm wrong."?
Why haven't we heard that?
Why argue in the first place if posting can't change things one way or the other? Why not just let time unfold and hope people forget about you if we never get paid, or come back and say "I told you so" if proven correct one day? I don't get the motivation, especially AZ... why not just go off, enjoy the money he's already gotten, and come back later when we've been paid with an "I told you so"???

[Boris the Spider]

Bonderman Savitz Tepper Coattails

[MY way]

There is no one present the shareholder that's why no one getting anything
The big fish eat everything now

[xoom]

I wasn’t asking the ‘when’. My question was more of ‘how’

[BigBang]

Do you really expect a concrete reply to your question? Please not “IYO” (in your opinion) this time, an actual date would be nice otherwise why bother asking. 16 years of this is enough at least for me.

[PickStocks]

Cactus…BTS…large green and others are claiming billions upon billions coming back……by May 1, 2024 we will move to the EOY 10k as cactus predicts more subs to be added aside from the one…..then repeat billions upon billions coming soon….others are claiming 75/25 and 1% going to underwriters….who knows…..one thing for sure coop is the tell and will continue to move up..

[Bizreader]

Endless concoctions

[lodas]

The time for WMI to make former shareholders "whole", if they intended to do so, would have been at the time releases were signed, and at the conclusion before the chapter 11 closure was signed into law...WMI clearly states, without mitigation to any documents that recovery would come after the chapter 11 closed that no such added recovery will be made .... in fact, they state in the official document that classes 19, and 22 are "impaired from future recovery", and that common equity, and preferred shares are cancelled and extinguished, and all PREVIOUS RIGHTS TO PROSPECTUSES ARE NULL AND VOID!!!!!!!!!!!...A request for a release signature to abandon your existing values in WAMU, in return for values in a new company must state present, as well as future payment if intended...how else would someone abandon his wealth, or value, not knowing what he will receive as payment in return???...would anyone sign away on a contract of this nature?....WMI made it very clear before you signed... either take new shares in recovery, or go to court and sue for your values.!!!!!......here is the point......WMI, WMIH in any legal filings state that no additional recovery is coming, except that which was agreed to in the POR 7, and by your release signature....all else is spurious speculation by wannabee gurus who did not read the documents, but relied on their common sense, or the intentions of UW, who have said nothing about recovery for 11 years...Lodas

[BBANBOB]

LG

AGAIN NOBODY ON THIS BOARD is as SMART as the group of lawyers that work for these big money BOYZ and darn sure aren't as capable in the arena of law as they are.....SOOOOOOOO I'll put my bet on them knowing more than any here KNOW about the GSA/POR especially since THEY IN FACT WERE IN THE NEGOTIATION TALKS to create the POR/GSA

[xoom]

Hi AZ, IYO, how will XXXX make the exciting announcement ?
TIA

[Large Green]

BBANBOB, you said the following,

***THE FOLLOWING PROVES WMIH/COOP IS AND WAS NOT THE TELL FOR THE BIG-MONEY PLAYERS***
_____________________________________________

And again another point TEPPER SAVITZ BONDERMAN and the UW's lawyer are a heck of a LOT SMARTER than any of us on these boards and see where the aligned themselves in the different flavors here..............................................AND IN FACT SOLD OUT OF THEIR COMMONS in WMIH but ONLY AFTER they had gotten their legacy shares, so they must all be idiots right! WRONG

_____________________________________________

One can make the case there is NO MONEY coming back so far BUT ONE CAN NOT make the case that WMIH/COOP WAS/IS THE TELL after COOP was dead money for a multitude of years HOWEVER, BONDERMAN, TEPPER, AND SAVITZ DOES MAKE THE CASE THAT THE VERY LARGE GREEN WILL RETURN TO CLASS 19 for those investors who signed timely RELEASES by 3/2012.

Do not worry, investors who did not sign timely releases but own COOP when news of the financial event happens will be rewarded but some investors will do better than others as is always the case.

Investors who signed timely releases for class 22 will also be rewarded more so than those who did not but not as well as some others




,,,

[BigBang]

I have no idea what you’re talking about, however, that’s not a problem, as long as you believe that you know what you’re talking about.

[BBANBOB]

Mufa
And again another point TEPPER SAVITZ BONDERMAN and the UW's lawyer are a heck of a LOT SMARTER than any of us on these boards and see where the aligned themselves in the different flavors here..............................................AND IN FACT SOLD OUT OF THEIR COMMONS in WMIH but ONLY AFTER they had gotten their legacy shares, so they must all be idiots right! WRONG

[BBANBOB]

MUFA

DON"T GET ME WRONG they can, but I CAN also sue someone because they have red hair, BUT DON'T MEAN I WILL WIN and won't spend a ton of cash doing it

ANd TEPPER SVAITZ BONDERMAN have enough money and money at risk if this doesn't go down as agreed to, THE WILL SUE FOR US ANYWAY

[mufa]

I m with you my friend. I signed, those who did not sign and spend hours here every day believe they can go after and sue for fraud.

[novascotiaSTS]

I‘m not the one making up future payments from JPM for the WMB acquisition in 2008

[DarkB4Dawn]

I've had my fill, my share of losing
And now, as tears subside
I find it all so amusing
To think I did all that
And may I say, not in a shy way
Oh, no, oh, no, not me....

[BigBang]

Your opinion is certainly valid since it is your opinion.

[BigBang]

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?

You are correct, so then why don’t you contact them! Get back to us with what you find out.

[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/

[lodas]

BBANBOB.... it would be wise for you to read the official documents concerning the matters of WAMU, and WMI bankruptcies...... YOU NOW ABSOLUTELY NOTHING, EXCEPT TO BLOVIATE ALL OVER THE MESSAGE BOARD FOR YEARS......you cant even explain how the shareholders, and by what means they were included in the chapter 11, and where the financing came from to include them....stop with the spurious bull sh*t, and read the documents before posting.....here is a question for you.... why was the 20.7 billion dollars in retained earnings removed from the FEB MOR, and , if removed, where did it go?????????????..... answer this question because it is seminal to your expected returns..... Lodas

[ReikoBlack]

Just for clarity, The Underwriters had claims in Class 18 and Class 20. When POR7 was approved their Class 20 claim was moved to Class 19.

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.
]

[BBANBOB]

IMHO

""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 ????????????????????????????????

ORRRRRRRRRRRRR could it have been
THAT THE JUDGE WAS OF THE OPINION THAT THE DIPS MAY HAVE SEEN SOMETHING SHE DIDN'T SEE and WOULD MAKE SURE THEY DIDN'T GET AWAY WITH IT

[BBANBOB]

"""WHO KNOWS imho neither of us do for sure"""

I sure wouldn't risk my pinky finger on it would you????????????????????????????

[lodas]

@ newflow.....your answer to my question is non sequitur to the question as to why the 20.7 billion dollars was removed from the Feb MOR without a notation as to why, and where it went....if you have a link to the whereabouts, then post it......by the way, Ken Posner was asked that question years ago by a poster....Ken said he had no knowledge as Coop, and the old WMI was not connected in any manner after the chapter 11 closing....Lodas

[Boris the Spider]

This references Libor only. Bank payment is a different bucket.

[BBANBOB]

LG

As we have talked about 100 times over

[xoom]

I think they ‘may have’ just used WAMU money to generate even that ‘book value’. Ideally that’s how every smart business owner protects their interests

[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.