Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am an optimist that is why I hold way more shares than you.
JHD
Awesome to hear , thanks 🙏
They grabbed 200k shares. Maybe they took out stops in anticipation of news next week...
Weird end of day. The antics are getting more frantic.
Continuity, I just saw that share drop to $75.00 at 4:11 and then shoot back up to 77.70 at 4:15 PM EST. I took photo shots of both the $75.00 and the rise back to $77.70.
COOP Latest After Hours Trades
Select time range to see more trades:
After Hours Time (ET) After Hours Price After Hours Share Volume
16:15:40 $77.7 99
16:15:40 $77.7 200
16:11:31 $75 1
16:06:02 $76.52 1
16:05:41 $77.15 28
16:05:41 $77.13 28
16:05:40 $77.13 100
16:05:39 $77.13 78
16:05:39 $77.13 22
16:05:38 $77.13 100
16:05:37 $77.13 100
16:05:37 $77.13 100
16:05:36 $77.13 100
16:05:36 $77.13 100
16:05:35 $77.13 100
16:05:35 $77.13 100
16:05:34 $77.13 100
16:05:34 $77.13 100
16:03:22 $77.95 177
16:03:22 $77.79 100
Would you consider yourself a pessimist?
Sitting eighty cents off the all time high, and you found something to complain about.
😂
Split T from your keyboard to His ears.
Good luck to all including Pliss etc for his 699 P’s
Of course it's asking too much for back to back up days. lol
JHD
Weird end of day. The antics are getting more frantic.
Yes, Good Friday and Easter
after hours down to $75... upcoming event?
EOD ...$77.95, that close enough for me....8-K Tuesday or Wednesday? I think so!
"I watch the After Hours PPS of COOP religiously and because I saw all shares night before last land on the $78.01...as I recall. I have never seen that happen before and the Waltz we are now dancing to makes me think that this is a pivotal day being the last business day of the 1st Quarter.
I make this prediction.....I believe we will end the day at $78.00 +- a couple of cents and that will be used as the basis for an upcoming event."
Peace out all. Have a safe and wonderful Easter weekend.
I watch the After Hours PPS of COOP religiously and because I saw all shares night before last land on the $78.01...as I recall. I have never seen that happen before and the Waltz we are now dancing to makes me think that this is a pivotal day being the last business day of the 1st Quarter.
I make this prediction.....I believe we will end the day at $78.00 +- a couple of cents and that will be used as the basis for an upcoming event.
GOODIE
GOOD FOR you and hope that post of mine might have helped, if not so be it ya got here anyway
""""""EXIGENT CIRCUMSTANCES""""""
THAT, caused me to investigate further, and decide to buy.
SPLIT T
""PLAIN AND SIMPLY THEY GOT CAUGHT""
"""""""""""EXIGENT CIRCUMSTANCES"""""""""""""" and NATES DD ON INSIDER TRADING, else wise they would have gotten away with it
I said the sec I saw """EXIGENT CIRCUMSTANCES"" and I put it on the board, HE SAW OR FOUND SOMETHING THAT DID NOT ADD UP"""
EDIT
OH and as far as THOSE THAT HAVE OR WILL FADE INTO THE SUNSET, we still have one of those on this board that WILL IMHO DO THE SAME ON HIS HARLEY . JUST AS HE SAID HE WOULD.
Simple reason why is HIS LEMMINGS are gonna go BALLISTIC when they find out that the MEEK SHALL NOT INHERIT THE BULK OF THE ESTATE......................
Secret venues???? Wow what nonsense,. I vividly recall Marcia Goldstein, head of Bankrupty at Weil, Gotshal being hailed as the Goddess of Bankruptcy in the Media when Weil, Gotshal & Manges LLP was named as attorneys for WMI and WMII. In her first filing Marcia Goldstein declared she would be submitting the Assets of WMI&WMII to the Court in her next filing. Well, she suddenly disappears and Brian Rosen comes on the scene and the Hundreds of Billions of Dollars held within the undisclosed DST's which WMI held Beneficial Interests was never disclosed and made a part of the Bankruptcy/Reorganization as they were held in the names of the individual Trustees and not WMI specifically.
Blair, Dimon and Rosen look like freaking idiots as they were all out smarted by WMI's crew and Marcia Goldstein faded into the sunset looking like a fool.
Several paid and foolish naysayers would have you believe there are no returning assets to WMI and those individuals who released and have beneficial interests in these assets.
Make up your own mind who is telling the real truth and not pumping you full of half truths. If I get a major return on my original shares it is because I signed releases.
WOW....you can tell right out of the gate WHO NEVER SIGNED RELEASES !!!!! maybe next time!!!!!!!!!!!!!!!!
here is another obvious common sense fact:........ if the bank is going is going to foreclose on your mortgage because you are in arrears in your payments, WOULD YOU LET THE BANK TAKE YOUR HOUSE AND ANY EQUITY YOU HAD IF YOU HAD A SOURCE OF MONEY THAT WAS AVAILABLE?????????.......common sense, use them, they work...... Lodas
here is an obvious, but simple fact.....the FDIC-R took WAMU into receivership for a mere 16 billion dollar run on the bank deposits......if, WMI was flush with hundreds of billions in liquid assets, THEN WHY DID THEY NOT DEFEND AGAINST THE FDIC IN LETTING THEM TAKE WAMU IN THE FIRST PLACE?????????........here is the real reason:... WAMU, and WMI did not have 16 billion dollars in assets...why?..... the reason is clear in the letter Alan Fischman wrote to the FDIC to forestall receivership of WAMU banks... Fishman stated he was prepared to borrow money from the Feds, AND CONVERT THE PREFERREDS DEBT TO EQUITY SO AS TO RAISE ...THE TIER 1 requirements to bring them into balance....Alan said nothing to the effect that WMI had billions upon billions in Safe Harbor, or off balance sheets assets.... there was not enough assets Fishman could produce to wipe out the 16 billion dollar run on the bank.... the FDIC knew this, and Jamie knew this from Project West... thats why he got Goldman to short it to oblivion.... simply put, Fishman had no resources to cover the 16 billion dollar run on the WAMU banks..... Lodas
KCC, Computershare, and the court have escrow records. So don't worry about your broker. All's well. If you signed the release and filed that W9 you are golden.
talk BS 20 times still keep BS 20 times
My escrows were with Schwab, history and all included. Tick should have signed release with reputable broker.
Worthless, with no further distribution from the TRUST. We’re not getting it from the TRUST. ;)
Pray Judge Naomi Buckwald decides in our favor. She is an excellent judge, top notch. At 80 yrs old she has immense experience so I like our chances.
Sure, just another 5 weeks until new theories and new deadlines.
Rinse and repeat.
All flavors of escrows will be covered.
If it is par plus interest as goodie and bop surmise then Ps get 1000 plus 15 yrs of interest. Qs get about 2 bucks plus interest. Not certain about Ks.
I believe bop says wamu gets 56b for each 100b.
Boris,
This is Winfall, I have a question regarding Libor and commons. Specifically, UQs.
Do the UQs get to participate in any of the potential Libor recovery?
Thanks for your thoughts.
Windfall
Let’s let it play out and watch what happens…..cactus has already praise BTS with his research pushing his theories of distribution soon…come May 1, 2024 and nothing happens watch them try promoting more theories…
"How much would go to the Wamu estate is hard to say, but it could be very significant."
imo, It would be enough to cover the P, K and U's at par (10B) plus interest. Plus the Bonds at par plus interest. So the FDIC needs aprox 57B ish to take care of the WAMU part.
So, JPM is trading at new all time highs BUT will have to make a payment of 200B in the next 10 days which will wipe out half of its shareholder equity, right?
At least Rosen was right about Libor.
He said we could get Libor money way back when. He was wrong about other payments not coming back but at least he was right on this. I'll send him a Starbucks gift card when we get paid! The cheapskate will probably run right out to get his free coffee. He'll hope its too hot and will spill some on his junk so he can sue them. LOL
Correct Bigbang, nothing to do with our suit.
He is just trying to clear his name. Our case should likely be settled in the coming days leading up to Apr 14.
I cannot imagine this going to trial because the defendants would be crushed and likely get hit with the full 400b....plus possibly jail time for some. Visualize Dimon in an orange jumpsuit.
They can settle now for half that. Maybe even 100b, which will be their starting point. The judge may allow that but I doubt it. 200b is more likely. How much would go to the Wamu estate is hard to say, but it could be very significant.
Good luck people who released. And Coop will also benefit as many escrowers will buy Coop shares because they are familiar with it and see the great potential.
Has nothing to do with LIBOR settlement. The appeal is by someone convicted in the UK court of being involved in rigging LIBOR and has already served time in a UK prison. He is planning on appealing his conviction.
These appeals dismissed were against individual charges for rigging rates…..
LATEST $COOP PPS targets===>DEUTSCHE BANK👉$88, Piper Sandler👉$88, UBS👉$86, Wedbush👉$85, KBW👉$81, Barclays👉$80, Compass Point👉$76
So what does this actually mean? Will Libor be settled next month or will it continue due to appeals?
I hope that the UK decision will not be overturned. Corporate crooks, that commit crimes against innocent people, need to be held accountable. Their infatuation with money is just plain evil! At least the UK court system, unlike the US court, is willing to stand up for what’s right
"And they had the power to take down Wamu!"
imo, They had a LOT of help......
Good morning people,JWW. yes retired shs that was repurchased by the CO.are no longer in play and hence not outstanding Auth.,key word retired 😉
No trading on Good Friday and the treasury closes 2. today
Have a wonderfully holiday with family & friends PEACE -Ts
They repeatedly said they retired the shares. Google what "retired" means. They cannot do anything with these shares any more...
Gary, I'm of the opinion that something similar may take place. What is COOP going to do with the shares that were bought back is the real question.
I've been informed by a friend that the LIBOR SUIT is getting interesting after the initial ruling, but I have not personally read anything myself as of this evening. I will attempt to find it tomorrow if I get some free time.
Subject to certain limited exceptions, the Liquidating Trust Interests are not transferable or assignable.
LTIs are not transferable or assignable except by will, intestate succession or operation of law. Accordingly, there is no liquid trading market in the LTIs. Under certain circumstances, transfers of LTIs have been permitted upon the winding up or dissolution of vehicles that previously held LTIs on behalf of such vehicles or the beneficiaries thereof. There can be no assurance that the Trust will consent to any such transfers in the future.
THERE WAS A FUTURE FOR WMILT IN 2018?.
so Boris?.....you believe the FDIC is corrupt, WMI and Rosen lied to you about billions of dollars in Safe Harbor assets that you were cheated out of, yet you post on a message board when no resolution to your complaints will never be remedied.... why dont you file a lawsuit implicating the parties responsible who cheated you?....If WMI executives did in fact hide money from shareholders, and risked jail time to do so, do you really think that after 15 years they are going to reveal their fraud and return money back to you?.... then, what was the point of the fraudulent action they took 15 years ago, risking jail in doing so, and then return the money to you 15 year later?...... read the documents Boris, and quit guessing, and file a lawsuit if you think that you were cheated.... Lodas
As Ive said before, a friend had contacts who worked at the FDIC and they said it was totally corrupt and dysfunctional. How did they ever get so much power?!
And they had the power to take down Wamu!
Fdic needs money? Lmao! Unbelievable
Followers
|
1760
|
Posters
|
|
Posts (Today)
|
2
|
Posts (Total)
|
733122
|
Created
|
11/07/07
|
Type
|
Free
|
Moderators Large Green xoom GO4AWILDRIDE stoxjock ron_66271 Split T |
Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.
Upon completion of the merger between WMIH Corp. and Nationstar Mortgage Holdings Inc. on July 31, 2018, WMIH became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper), Xome and Champion Mortgage (Nationstar Mortgage LLC d/b/a Champion).
As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.
As early as late 2006, WaMu would begin to become a victim of what would eventually become the worst recession in US history since the Great Depression of 1929. WaMu's aggressive business strategy would begin to unfold throughout the end of 2006 and become increasingly disastrous through 2007. As housing rates were at all time highs before the recession began, WaMu would use its considerable leverage and assets to make large amounts of loans in both subprime mortgages and subprime credit cards. The banking division of WaMu at one point before the end of 2007 had nearly 336 stand-alone branch buildings where various types of home loans were processed and approved. WaMu would eventually over leverage themselves due to the high number of Adjustable Rate Mortgages (ARMs). As the US economy slowed down, the number of home loan defaults began to rise in quick succession. This coupled with the falling home prices throughout most of the US meant that even with foreclosures and the properties back in the hands of the company, they were unable to sell them back into the market, or were not able to derive enough revenue from the sale to cover the loan that was made on them. In the mean time, the credit card division was also seeing a surge in the number of late and non payments being made.
By September of 2008, WaMu's stock price had fallen to $2 from its previous highs of around $50 just two years earlier. Amid strong voices from the shareholders, then company CEO Kerry Killinger was dismissed by the company board. In the meantime, the company went looking for a buyer for part of its banking division. WaMu had been unsuccessful in finding an appropriate buy until its seizure by the FDIC. Overnight the companies banking division was bought by JP Morgan Chase in a secret deal brokered by the FDIC for 1.9 billion dollars. Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc. WITH SHAREHOLDERS INTACT
WMI Equity Escrow Calculator
WMIH: Here's how old shares relate in value to the new shares.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |