Mr Cooper Group Inc (COOP)

[Boris the Spider]

No money coming to escrows per KCC today:

From the LT. Of course we knew this.

"A CERTIFICATE OF CANCELLATION FOR WMI LIQUIDATING TRUST HAS BEEN FILED WITH THE DELAWARE SECRETARY OF STATE’S OFFICE, EFFECTIVE AS OF DECEMBER 31, 2021. There will be no further distributions or correspondence from the WMI Liquidating Trust."

Thank you,
Xxx

[PickStocks]

C’mon man we are still fighting for that 1% and 75/25……any day now……can not make this up..lol

[BBANBOB]

Why (I've) we've waited 16 yrs so whats 16 weeks or so more lol
And yes ya know I wish it was already done

In about 3 months it has gone from 61 to now sitting at 75 sounds pretty good to me

[jhdf51]

Yes...only it better reveal itself sooon

JHD

[JusticeWillWin]

Exactly!

When a company buys back its own shares, it has several options for what to do with the repurchased stock:

****
Retire the shares: The company can cancel the repurchased shares, effectively reducing the total number of outstanding shares. This is known as "retiring" the stock. Once retired, the shares cannot be reissued and have no financial value.
****

Isn't THIS what COOP did with the shares they bought back?

[BBANBOB]

Enjoy 🍌

Conspiracy theorists are convinced that a tiny organisation owns all of the wealth in the US.

Who owns America? That depends who you ask. A growing body of opinion points to an obscure, but immensely powerful organisation called CEDE and Company.

This small New York based financial institution has a dozen directors and no more than a half dozen employees but holds, according to some reports, some 34 trillion dollars in assets. A complex system of interlocking bodies, such as The Depository Trust & Clearing Corporation, the National Securities Clearing Corporation and the Fixed Income Clearing Corporation oversee all stock trading in the US. They all come under the umbrella of Cede.

And, on paper at least, own all the stocks traded. The multi-trillion dollar secret works like this: The Depository Trust Company is a private bank for securities. Every other financial organisation in the US, bankers and brokerage houses, is obliged to secure membership with DTC. Like the Federal Reserve, DTC is a private company entrusted with national responsibility. It processes all stock and paper securities for every US bank and brokerage house.

Cede technically owns nearly all of the publicly issued stock in the United States. Private investors don’t own the stock they think they own, but rather have contractual rights that are part of a complex chain of rights ending up at Cede and Company.

It sounds dry and academic, but it impacts every American. And as long as the USA remains the preeminent economic power on Earth, it affects the rest of us too.

The Depository Trust Company absolutely controls every paper asset transaction in America and they physically hold the majority of stock and bond certificates in their name. Very few people hold genuine stock ownership certificates. Most trust their brokers to do that for them.

And many Americans, who unlike Brits depend on private finance for all of their retirement and health needs, are concerned that these precious stocks could at any moment ‘vanish’ overnight to service the country’s staggering national debt. The Depository Trust & Clearing Corporation is notoriously publicity-shy, but the DTC’s Jim McNeff spoke to financial journalist Anthony Wayne. Explaining to Wayne how infallible the DTC’s governance of the US stock market was, he said ”DTC's first controlled test was 4 or 5 years ago. Do you remember Black Monday? There were 535 million transactions on Monday, and 400 million transactions on Tuesday". "DTC cleared every transaction without a single glitch!".

Wayne’s conclusion from that interview that Black Monday – a colossal financial downturn that ruined many Americans – was a controlled test. That it was a deliberately manipulated disaster for the benefit of the DTC.

With the global financial system becoming ever more complex, it’s increasingly hard for even the experts to understand much more than a part of it.

The 2008 financial crash which led from a crisis in the US subprime mortgage market to a series of massive bailouts that taxpayers are still paying for is just one symptom of a system that’s not only too big to fail.

As one Reddit user put it: “America has gone bankrupt 4 times. The government has mortgaged the entire country. No one really owns anything...we don't even have our original birth certificates. Titles and deeds have small print telling you the original is with the DTCC.

“All the people, and their property, are really owned by Cede, which is owned by the private bankers… “It is not a lawful system, but it is legal.”

[JusticeWillWin]

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

[BBANBOB]

NO KIDDING LOL ALMOST LIKE THERE IS A REASON FOR IT AINT IT

[jhdf51]

r a n g e b o u n d.

[BBANBOB]

Goodie
According to some they retired the shares, but they still have shares in TREASURY they can issue in their place..........Remember the TOTAL AUTHORIZED was originally 350 mill shares I think

Which is what I suspect they will do

[goodietime]

When a company buys back its own shares, it has several options for what to do with the repurchased stock:

****
Retire the shares: The company can cancel the repurchased shares, effectively reducing the total number of outstanding shares. This is known as "retiring" the stock. Once retired, the shares cannot be reissued and have no financial value.
****

Isn't THIS what COOP did with the shares they bought back?

[UpTickMeA$AP]

You attempt to attach EVERYTHING to your fantasyland escrow nonsense. Been doing it for over a decade... nonstop.

How many of your countless attempts over the last 15 years, have come true?

Zero. Not one even came close...

Why? Aren't you using common sense and logic, like you preach?

Do you find it strange, preaching common sense and logic, after a decade and a half of nothing but fantasyland failure?

Use common sense and logic to answer that... 😂

[BigBang]

Do you include yourself in that categorization?

[BigBang]

As far as I’m concerned, the discussions have always been all over the place and not confined to single topic. Therefore, I don’t get the point you’re trying to make!

[lodas]

what is the purpose of the conversation on this message board since the close of the chapter 11 over 11 years ago ????....WMI had made it very clear that your values in the old company, now deceased were cpmpensated with fair and reasonable recovery... Willingham, and Susman stated this at the conclusion of the mediation hearings, and signed by the judge, and equity committee....WMI made it very clear that by signing the release document, your equity values would be cancelled and extinguished forever, or that you had to sue for them if you did not sign a release...so, why are some still here bloviating future recovery after all these years??? it is denial, and non acceptance of what the official documents revealed years ago.....where have the goal posts been move to now, I forgot?..... Lodas

[BBANBOB]

It's not like the buy back theory and the purpose of it is anything new.
It was suggested WHEN IT STARTED by me,that those shares were being bought back to ISSUE to common share holders to rebuild the shareholders base back to commons owning 51% of the corp and that at the same time then NEW PREFERRED shares would be issued in lieu of common shares to the PREFRD holders.
SO what I suggested several years back is NO NEW REVALUATION at all, well at least not to me, MAYBE some are having a light bulb MOMENT and are just finally catching on................

Even if the shares were or have been retired as some suggest, the ISSUANCE of the 36,000,000 mill shares out of authorized makes it easier to reach the 51% threshold required for a NEW IRS OPINION LETTER for the reorg'd company( WHEN WE COMPLETE THE MERGER), by putting it back to 51% common ownership

[jb92106]

AZCowboy,

Appears that many of our resident genius's have a difficult time of staying on topic.

Hmmm,

~jb

[t1215s]

Hi AZ. Listen I’m gonna have start receiving Royalties from you for using my Ol Cactus tag as I never signed THAT!! RELEASE 😉😂

GoGooooooCOOP
GLTA-Ts

[AZCowboy]

~ LOL', What Happened ?, I Thought The Discussion Was Regarding Current Possibility's Associated to "COOP's" Buying Back of the 36million shares ?, comparative to COOP', (the 2018 acquired sub grouping) ... Original 2018' 100 million shares ... ? ... ~

... looks like the conversation took a detour somewhere ... LOL, "always" a good time round hear, (or, is the here' ?) ... to be expected'

(tested the water w/ afew @ 46 ... then, a lot @ $50.50) ... glad everyone cares' so much LOL ... but honestly, ol' cactus is doin' just fine ! ! !

"Abba Da Ayy"

just sayin' :)

AZ

[t1215s]

Removed the FYI post about BP. GLTA-Ts

[t1215s]

A Good belated morning people, Picks he does what he does and it does not effect me financially whatsoever, my monies my game ,if he sold some as you say at 46.+/- I don’t remember, I remember him saying in the 50.0+/- as I did it earlier on the third 50’s touch which is why I Remember that number, now I made that post in ref to the repetitiveness of his posts 98% just worded a little differently each time but the meaning is the same as a lot do on both sides of fence EOS

I drop in to say good morning and say GLTA as I still hold a decent amount of paper here
The same response on both side has run its course and has gotten old , but you never know when some good info might be posted

Have a great day people
GoGooooooCOOP GLTA(-Ts

[b3]

This post has NOTHING to do with WAMU, cancelled escrows, or Libor. NOTHING.

[Royal Dude]

Royal Dude
Re: dm57 post# 724928
Saturday, March 23, 2024 6:16:06 PM
Post# of 725480 Go
If this is not us, I will withdraw because we have been stolen from.

"Exhibit 99
JPMorgan Chase & Co.
383 Madison Avenue, New York, NY 10179-0001
NYSE symbol: JPM
www.jpmorganchase.com
LOGO
News release: IMMEDIATE RELEASE
JPMorgan Chase to Redeem Four Series of Preferred Stock
Represented By Depositary Shares
New York, March 21, 2024 – JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has announced that on April 30, 2024 it will redeem all of the 100,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U (“Series U Preferred Stock”), and on May 1, 2024 it will redeem all of the 150,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Q (“Series Q Preferred Stock”), all of the 150,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R (“Series R Preferred Stock”) and all of the 200,000 outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series S (“Series S Preferred Stock”). The shares of Series U Preferred Stock are represented by 1,000,000 depositary shares (CUSIP: 46625HJW1), the shares of Series Q Preferred Stock are represented by 1,500,000 depositary shares (CUSIP: 48124BAC9), the shares of Series R Preferred Stock are represented by 1,500,000 depositary shares (CUSIP: 48126HAA8) and the shares of Series S Preferred Stock are represented by 2,000,000 depositary shares (CUSIP: 46625HJQ4). Each depositary share represents a one-tenth interest in a share of Series U, Series Q, Series R or Series S Preferred Stock, respectively. The redemption price per share for the Series U, Series Q, Series R and Series S Preferred Stock will be $10,000 (equivalent to $1,000 per depositary share).
Payment of the redemption price for the Series U Preferred Stock will be made on the redemption date of April 30, 2024, and payment of the redemption price for the Series Q, Series R and Series S Preferred Stock will be made on the redemption date of May 1, 2024, in each case upon presentation and surrender of the depositary receipts evidencing the depositary shares to be redeemed to Computershare Inc., as Depositary, at 150 Royall Street, Canton, Massachusetts 02021. Depositary shares held in book-entry form shall be surrendered in accordance with applicable procedures of The Depository Trust Company.
April 30, 2024 will be the final dividend payment date for the Series U Preferred Stock and the depositary shares representing the Series U Preferred Stock. The record date for that dividend is April
Investor Contact:
Mikael Grubb
212-270-2479
Media Contact:
Joseph Evangelisti
212-270-7438
1, 2024. In addition, May 1, 2024 will be the final dividend payment date for the Series Q, Series R and Series S Preferred Stock and the depositary shares representing those series of preferred stock. The record date for those dividends is also April 1, 2024.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $327.9 billion in stockholders’ equity as of December 31, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers, predominantly in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
# # #
Investor Contact:
Mikael Grubb
212-270-2479
Media Contact:
Joseph Evangelisti
212-270-7438
The Most Royal Dude
Lets Go Fishing

[vodkadejour]

It is my belief that an objective outsider viewing this situation from a historical perspective would determine your guess is a good bet. I hold a decent portion of P's, so would love you to be wrong. However, if there were a way to take a financial position on the outcome of this month, I would put $5,000 down on you being right.

[PickStocks]

Lodas…let it play out…By Cactus…BTS…large green and others April is the month…by May 1st….we will see new theories

[PickStocks]

Yeah….you get the truth….yet they are all here waiting….

[PickStocks]

Maybe overloaded with too many theories with 100’s of billions coming back….

[PickStocks]

Even Cactus did not know that…or understood what it was for…

[xoom]

JB, please don’t say that the rare Solar eclipse has already disrupted BP lol
Link still being redirected to an unknown page as of this post.

(simple php filemanager by jcampbell1)
Seems FileManager php code copied from GitHub

[etzetrade]

Totally agreed

[BBANBOB]

Not had any problems myself, did yesterday for a short time

[BigBang]

Understood as well, however, newcomers don’t have escrows. It is those of us, holding escrows, that need this to settle once-and-for-all so that we can move on. Once this is over and escrows are settled I’ll never post again. I’ll just ride off into the sunset as they say!

[DarkB4Dawn]

These references are for DTCC participants:
Annette can verify.

Questions or inquiries regarding this Important Notice should be addressed to your Relationship Manager, or to
Annette Nichols, Corporate Secretary, at [phone] or [e-mail].

[etzetrade]

Understood, I am saying for those new comer or ……

[sillyinvestor]

I just got in to BP.

[garyhalvo]

BR is playing with the power switch again. lol

[jb92106]

Kevin,
Something appears to be broken with respect to Boardpost.net

Try a different browser.
Firefox does not work.
Microsoft Edge does not work.
Apple Safari does work.

Not sure what's going on.
~jb

[BigBang]

How can any posts, at this point in time, play with our emotions? My emotions, regarding this bankruptcy, have gone out the window years ago. Everyone is just pulling at straws. I’ve come to the conclusion that no one here really knows anything concerning what is going on except the ones pulling the strings behind the scenes. How did I come to this conclusion: 15 plus years!

[JusticeWillWin]

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

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

[JusticeWillWin]

120k BUY at the close yesterday!

[kevins131]

Board post - anyone know what happened to the BP message board? Over there you get real info.

[etzetrade]

Do you know why he keeps doing that? I also have the same doubt for a long time.

Does he have a habit to fool around the people on the board, making your emotions one day high, and the other day low. String on a puppet to make a joy himself.

[lodas]

there is a misconception on this message board that has persisted for years by which it is said the shareholders "own the estate"... this statement is false as illustrated by the following points:.... (1) WMI states that TITLE TO ALL ASSETS BELONG TO THE REORGANIZED DEBTOR , now called WMIH by reorganization...(2)... shareholders own assets minus liabilities call equity... thus, shareholders own the accumulated equity of a company which is solvent, NOT THE CORPORATION ... (3) WMI went through a reorganization of assets where creditor claims were paid as well as equity values in the old company were completed, and emerged from chapter 11 as a different company with new shares being issued to former shareholders as a continuum transfer, not a liquidation of the prior company....in essence the same "ship" with another name and different executive officers... Lodas

[newflow]

IF FDIC IS NOT DONE YET, WMILT ALREADY DONE?, LOL.

[stoxjock]

This is all related to 'DTCC Common Stock' ownership...How is this even remotely related to WaMu P/K/Common stock?
As usual, RD's meandering eyes get 'entranced' by some 'Shiny Object' and he says OK, "Jump' and the others scream in unison 'How High', without even bothering to look at what he posted....

[waytogoman]

If we got $100 per P in the next 3 months I would be happy as heck. I just hope we get something soon.

[dennyduper]

Well keep us posted this is really confusing to me. I don’t know what the amounts will be per share, p’s K’s or U’s. Will we get the amount of shares we released or what? They made it confusing for a reason I guess.

[Royal Dude]

300 billion cold be our value if the get 1% because 50k 1 share = 59k $ is the amount to cover them for 3 years

[Royal Dude]

To account for 75/25 they have used there own formula for any distribution before any placement in our accounts.Participant are our brokerage and we are their clients.

[Royal Dude]

DENNY This is a process to create a fund for the 1% fee for the dtcc services the Series A and B notes and other instruments to the participants. Settlement date April 30th. There is also a possibility to follow the money move during all of April.