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.
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.
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Company Release - 9/9/2021 7:04 PM ET
DALLAS--(BUSINESS WIRE)-- Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Chris Marshall, Vice Chairman, President and Chief Financial Officer, and Jaime Gow, Deputy Chief Financial Officer, are scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 14, 2021 at 2:00 P.M. Eastern Time as part of a fireside chat.
A live webcast of the fireside chat and materials used during investor meetings will be available under the investor section on Mr. Cooper Group’s website, www.investors.mrcoopergroup.com. A replay of the webcast will be available shortly after the event and will be available through 10/14/2021.
About Mr. Cooper Group Inc.
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. For more information, visit www.mrcoopergroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210909006198/en/
Kenneth Posner
(469) 426-3633
Kenneth.Posner@mrcooper.com
https://investors.mrcoopergroup.com/events-and-presentations/press-releases/press-release-details/2021/Mr.-Cooper-Group-Inc.-to-Present-at-the-Barclays-Global-Financial-Services-Conference/default.aspx
0.0000001?
Thanks AZCowboy. I am praying for your wisdom, that you are correct, and that we are close to ending this saga…. I haven’t contributed anywhere near what you and others have contributed, but I did write one of the earliest letters to judge walrath, complaining about the jpm/fdic theft…. Seems like ages ago but I always felt good about writing that letter…
Thanks for all you do,
ND9
AZCowboy, only 2 more weeks until Jay Bray's 9/23/2021!
thanks,
ND9
Item 8.01 Other Information.
The Company disclosed that on August 23, 2021, Jay Bray, Chairman and Chief Executive Officer, entered into a pre-arranged stock trading plan (the “10b5-1 Plan”) with a brokerage firm to sell up to a maximum of 120,000 shares of the Company’s common stock (“Common Stock”) between September 23, 2021 and September 23, 2022 in order to diversify his investment holdings. The maximum number of shares that could be sold over the twelve-month period represents approximately 10% of Mr. Bray’s current ownership of Common Stock.
The 10b5-1 Plan was designed to comply with the Company’s insider trading policies and the guidelines specified in Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended, which permit an officer or director to enter into a pre-arranged plan for buying or selling Company stock at a time when the officer or director is not in possession of material, nonpublic information about the Company. All sales of Common Stock under the 10b5-1 Plan will be disclosed publicly in accordance with applicable securities laws, rules, and regulations through appropriate filings with the U.S. Securities and Exchange Commission.
WMILT and Joele Frank, Wilkinson Brimmer Katcher
At the bottom of the WMILT letter below, dated Jan 9, 2020, the points of contact are listed as Joele Frank, Wilkingson Brimmer Katcher..
I just called them and asked if the WMILT was closed. The gentleman I spoke with said their firm no longer has a relationship with the WMILT. I asked him if there was some new firm, who had taken over. He did not know. Not sure what it means but I thought would pass that on, for what's it's worth.
ND9
***********
WMI Liquidating Trust to Initiate Final Distribution and Wind-Down of Operations
NEWS PROVIDED BY
WMI Liquidating Trust
Jan 09, 2020, 16:15 ET
SHARE THIS ARTICLE
SEATTLE, Jan. 9, 2020 /PRNewswire/ -- WMI Liquidating Trust (the "Liquidating Trust") (the "Trust"), formed pursuant to the confirmed Seventh Amended Joint Plan of Affiliated Debtors under Chapter 11 of the United States Bankruptcy Code (as modified, the "Plan") of Washington Mutual, Inc., today announced that, as previously disclosed, on or about January 10, 2020, it will initiate a final cash distribution (the "Distribution") of $39 million. The Distribution will be paid to holders of subordinated claims in Class 18 as contemplated by the Plan. After giving effect to the Distribution, members of Class 18 will have received a recovery of approximately 82% of the face amount of their allowed subordinated claims, inclusive of post-petition interest. The Distribution follows the entry by the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") of an order authorizing, among other things, the closing of the Debtors' Chapter 11 cases.
Contemporaneously with the Distribution, the Trust also will initiate a final distribution of all shares of common stock of Mr. Cooper Group Inc. currently on deposit in the Disputed Equity Escrow (as defined in the Plan) less any shares sold to satisfy tax obligations. The shares currently held in the Disputed Equity Escrow are held on behalf of former common shareholder interests (Class 22 in the Plan). Therefore, any redistribution of such common stock will be made only to members of Class 22. Furthermore, consistent with prior distributions and pursuant to the Plan, no fractional shares (nor any cash-in-lieu of fractional shares) will be distributed. Due to the de minimis number of shares currently held in the Disputed Equity Escrow, and the fact that the Disputed Equity Escrow Agreement does not contemplate the issuance of fractional shares or the payment of cash-in-lieu of fractional shares, the Trust expects that a significant majority of legacy common shareholders will not receive any shares in connection with such redistribution.
Subsequent to the Distribution, and consistent with the Liquidating Trust Agreement and orders entered by the Bankruptcy Court, no additional distributions of cash or equity will be made by the Trust, other than a potential distribution to one or more charities (as contemplated by the Plan and the Liquidating Trust Agreement (as defined in the Plan)) of unused cash reserves. Such reserves are being retained for purposes of managing the winding-down of the Trust, including responding to any claims asserted against the Trust, the Liquidating Trustee, the Trust Advisory Board or the Trust's management, as the case may be, following the closure of the Chapter 11 cases.
Following the Distribution, the Trust will exist solely for administrative purposes, including managing the winding-down of its affairs and, ultimately, the dissolution of the entity itself. In addition, following the Distribution, the Liquidating Trust Agreement governing the Trust's affairs will be amended and restated to, among other things, streamline the Trust's governance structures, including: removing the requirement that the Trust be managed by a Liquidating Trustee; disbanding the Trust Advisory Board; and vesting authority to manage winding-down of the Trust's operations in one or more administrators in a manner consistent with Delaware law. In connection with the foregoing, William C. Kosturos will resign as the Liquidating Trustee and John Maciel will resign as the Trust's Chief Financial Officer, in each case effective immediately following the Distribution.
After giving effect to the Distribution, the Trust intends to file with the Securities and Exchange Commission (the "SEC") a Form 15 Certification and Notice of Termination of Registration Under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended (the "Form 15"). Subsequent to filing the Form 15, the Trust will no longer file or furnish any reports or other documents with the SEC pursuant to the SEC's EDGAR system, and thereafter will no longer make any disclosures with regard to its limited operations. Relatedly, because Judge Walrath granted the Trust's application to close the Chapter 11 cases, the Trust is no longer required to file any quarterly or other informational reports with the Bankruptcy Court. As a result, going forward, the Trust will no longer file any "Quarterly Summary Reports" (or other information) with the Bankruptcy Court and the Trust will no longer file with, or furnish to, the SEC any such reports under Form 8-K.
The foregoing notwithstanding, the so-called "Escrow Markers" or "Escrow CUSIPs" established by the Trust upon emergence from its Chapter 11 proceedings in March 2012 for purposes of facilitating the potential distribution of Reorganized WMI's common stock will continue to be maintained for the foreseeable future. As previously disclosed, however, former positions represented by such Escrow Markers or Escrow CUSIPs are not entitled to receive any distributions under the terms of the Plan and they do not, in and of themselves, represent an entitlement to any possible future distributions from the Trust, Reorganized WMI or the Federal Deposit Insurance Corporation (either in its corporate capacity or as the receiver for Washington Mutual Bank), as the case may be. As discussed above, no additional distributions of cash or equity will be made by the Trust subsequent to the Distribution, other than to one or more charities as contemplated by the Plan and Liquidating Trust Agreement.
While the Trust's affairs are being wound-down, the Trust will continue to maintain its website which can be found at www.wmitrust.com. Further, the Trust will continue to maintain the "Frequently Asked Questions" page on such website, including any updates thereto that may be deemed necessary or advisable by the Trust's management or administrators, as the case may be.
Contact
Andrew Siegel / Jed Repko / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
SOURCE WMI Liquidating Trust
Related Links
http://www.wmitrust.com
Per my previous post, brokerages and companies have a waiting period, usually 14, but some have increased to 30 days.. so bray can’t be in possession right before 9/24 because then he would violate this waiting/cooling off rule..
Nd9
Thanks Large Green!!
Large Green, it wasn't clear to me if Dmdmd1's conclusions meant the upcoming material event before Sept 23, was in fact, the dissolution of the WMILT. Dmdmd1 also mentioned the WMILT extension to March 2022 so again, it was unclear... I responded to his/her post and asked for clarification.
thanks,
ND9
Morgan Stanley expect a (US) stock-market pullback of 10% to 15%
*******************
Exactly what I've been saying the last few days... There are lots of other factors that determine the COOP share price..
JMHO
ND9
*******************************************
Morgan Stanley expect a (US) stock-market pullback of 10% to 15%
Wed 8 Sep 2021 03:37:02 GMTAuthor: Eamonn Sheridan | Category: News
A note from Morgan Stanley, via DJ/Market Watch
- markets are priced for perfection and vulnerable
- The bank's global investment committee expects a stock-market pullback of 10% to 15% before the end of the yea
"The strength of major U.S. equity indexes during August and the first few days of September, pushing to yet more daily and consecutive new highs in the face of concerning developments, is no longer constructive in the spirit of 'climbing a wall of worry,'" said Shalett. "Consider taking profits in index funds," she said, as stock benchmarks have dismissed "resurgent COVID-19 hospitalizations, plummeting consumer confidence, higher interest rates and significant geopolitical shifts."
Here is the link to the MW piece for more.
Weekly candles ... yowza
https://www.forexlive.com/news/!/morgan-stanley-expect-a-us-stock-market-pullback-of-10-to-15-20210908
9/7/2021 - Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 09/07/2021
DOCUMENT DETAILS
Printed version:
PDF
Publication Date:
09/07/2021
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
86 FR 50120
Page:
50120 (1 page)
Document Number:
2021-19195
DOCUMENT DETAILS
DOCUMENT STATISTICS
Page views:
73
as of 09/07/2021 at 8:15 pm EDT
DOCUMENT STATISTICS
PUBLISHED DOCUMENT
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.
Expand Table
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10085 Security Bank of Bibb County Macon GA 09/01/2021
10174 Bank of Leeton Leeton MO 09/01/2021
10182 Marshall Bank, NA Hallock MN 09/01/2021
10222 New Century Bank Chicago IL 09/01/2021
10223 Peotone Bank and Trust Company Peotone IL 09/01/2021
10246 Arcola Homestead Savings Bank Arcola IL 09/01/2021
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 September 1, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021-19195 Filed 9-3-21; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2021/09/07/2021-19195/notice-of-termination-of-receiverships
9/7/2021 - Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 09/07/2021
DOCUMENT DETAILS
Printed version:
PDF
Publication Date:
09/07/2021
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
86 FR 50120
Page:
50120 (1 page)
Document Number:
2021-19195
DOCUMENT DETAILS
DOCUMENT STATISTICS
Page views:
73
as of 09/07/2021 at 8:15 pm EDT
DOCUMENT STATISTICS
PUBLISHED DOCUMENT
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.
Expand Table
Notice of Termination of Receiverships
Fund Receivership name City State Termination date
10085 Security Bank of Bibb County Macon GA 09/01/2021
10174 Bank of Leeton Leeton MO 09/01/2021
10182 Marshall Bank, NA Hallock MN 09/01/2021
10222 New Century Bank Chicago IL 09/01/2021
10223 Peotone Bank and Trust Company Peotone IL 09/01/2021
10246 Arcola Homestead Savings Bank Arcola IL 09/01/2021
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 September 1, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021-19195 Filed 9-3-21; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2021/09/07/2021-19195/notice-of-termination-of-receiverships
A fourteen day period is often used, but many companies have increased the waiting period to about one month,
Establish a Waiting Period
Companies may want to require a period of time to separate the establishment of a Rule 10b5-1 plan and the execution of trades pursuant to the plan. Although the absence of possession of MNPI at the time of plan adoption is the threshold question, rapid transaction executions subsequent to plan adoption may create an appearance of impropriety and call into question whether a plan adopter had MNPI at the time of plan adoption. Brokers administering plans frequently impose a seasoning period as part of their own trading practices, but companies also adopt these policies. A fourteen day period is often used, but many companies have increased the waiting period to about one month. Some companies may even prefer that trades pursuant to the plan do not commence until the next open trading window. The SEC has taken the position that delaying the commencement of sales until the release of MNPI does not legitimize a plan if the plan was adopted while in possession of MNPI. [10] One way to deal with this guidance is to conduct trades outside of the plan (since it is permissible to freely trade when information is public), but plan holders would not have the benefit of the affirmative defense and also should exercise caution in trading the same security under and outside of a Rule 10b5-1 plan.
https://corpgov.law.harvard.edu/2016/03/24/a-guide-to-rule-10b5-1-plans/
Large Green, I think you are correct... The key phrase below, as you pointed out... allows Bray "to enter into a pre-arranged plan for buying or selling Company stock at a time when the officer or director is not in possession of material, nonpublic information about the Company."
So if he entered into this agreement last month, then at that time, he must not have been in possession of the nonpublic material...
JMHO
ND9
The 10b5-1 Plan was designed to comply with the Company’s insider trading policies and the guidelines specified in Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended, which permit an officer or director to enter into a pre-arranged plan for buying or selling Company stock at a time when the officer or director is not in possession of material, nonpublic information about the Company. All sales of Common Stock under the 10b5-1 Plan will be disclosed publicly in accordance with applicable securities laws, rules, and regulations through appropriate filings with the U.S. Securities and Exchange Commission.
Thanks AZCowboy!! I really appreciate that response and all you do for us “non-financial experts.” Nd9
stillhoping, I am not arguing, just asking a question of AZCowboy.. if he doesn’t respond, that is ok. I still appreciate all he does. However, I definitely wasn’t asking for your opinion.
Nd9
AZCowboy, but that means, if the coop BOD doesn’t want to distribute our money, all they have to do is, for example, is have a stock split, and that would keep us from reaching $50.. That plus other economic issues, housing market, Middle East, COVID-19, could keep us from ever reaching $50…. So then we would have to wait 20 more years, really? Does that pass sanity check with you? Doesn’t sound right to me but I don’t have your expertise in this area..
Thanks
Jmho
Nd9
Large Green... thanks.. interesting... so before, we received about 20 WMIH common shares for each WAMPQ (preferred)... I think really 19.8 or something, but to make the math easier, let's round off to 20 shares...
So lets assume 1 WAMPQ is replaced with 1 COOPP (preferred)... So if we were to once again, to get 20 common for each preferred... then 1 COOPP would equal 20 COOP... Now 20 COOP x $50 = $1000 (same as original WAMPQ)...
Hmmm
ND9
AZCowboy, but how can a trigger be based on a share price of $50? What if their is a middle east crisis, and market sells off? What if there is an economic crisis? What if stock market bubble bursts? What if housing market slows down? What if analysts come out with negative ratings? Share price is based on earnings and number of shares, etc, etc.. It would seem like using a share price as a trigger, has many potential risks... Is this a common practice? Seems strange, especially at this point....
thanks,
ND9
newflow, but the business address is a residential house, outside of San Antonio... see link at bottom.
thanks,
ND9
****************************
Paladin Acquisitions Corp is regulated by the U.S. Security and Exchange Commission and incorporated in the state of Delaware. For financial reporting, their fiscal year ends on December 31st. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Paladin Acquisitions Corp.
Company Details
State of Incorporation DELAWARE
Fiscal Year End 12-31
Business Address
[color=red]31571 SKY BLUE RIDGEFAIR OAKS RANCH, TEXAS 78015[/color]
SEC Registered 2021-08-04 18:23:53
https://www.realtor.com/realestateandhomes-detail/31571-Sky-Blue-Rdg_Fair-Oaks-Ranch_TX_78015_M76567-56114
31571 Sky Blue Rdg, Fair Oaks Ranch, TX 78015
https://www.realtor.com/realestateandhomes-detail/31571-Sky-Blue-Rdg_Fair-Oaks-Ranch_TX_78015_M76567-56114
AZCowboy, your attention to detail is awesome.. I remember seeing those share numbers but never put two and two together..
In your opinion, why would 684,908,841 shares be SEC submitted YET some 1,089,763,176 shares were used for 12:1 reverse split?
The additional 404,854,335 shares must represent some entity or something? Any thoughts you have are greatly appreciated as always.
thanks,
ND9
9/3 Notice to All Interested Parties of Intent To Terminate Receiverships
A Notice by the Federal Deposit Insurance Corporation on 09/03/2021
DOCUMENT DETAILS
Printed version:
PDF
Publication Date:
09/03/2021
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
86 FR 49532
Page:
49532-49533 (2 pages)
Document Number:
2021-19118
DOCUMENT DETAILS
DOCUMENT STATISTICS
Page views:
23
as of 09/03/2021 at 4:15 pm EDT
DOCUMENT STATISTICS
PUBLISHED DOCUMENT
Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for the institutions listed below, intends to terminate its receivership for said institutions.
Expand Table
Notice of Intent To Terminate Receiverships
Fund Receivership name City State Date of appointment of receiver
10023 Downey Savings and Loan, FA Newport Beach CA 11/21/2008
10024 PFF Bank and Trust Pomona CA 11/21/2008
10181 Florida Community Bank Immokalee FL 01/29/2010
10217 Tamalpais Bank San Rafael CA 04/16/2010
10312 Darby Bank and Trust Company Vidalia GA 11/12/2010
10524 Seaway Bank and Trust Chicago IL 01/27/2017
10532 Louisa Community Bank Louisa KY 10/25/2019
10537 First City Bank of Florida Fort Walton Beach FL 10/16/2020
The liquidation of the assets for each receivership has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors.
Based upon the foregoing, the Receiver has determined that the continued existence of the receiverships will serve no useful purpose. Consequently, notice is given that the receiverships shall be terminated, to be effective no sooner than thirty days after the date of this notice. If any person wishes to comment concerning the termination of any of the receiverships, such comment must be made in writing, identify the receivership to which the comment pertains, and be sent within thirty days of the date of this notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Department 34.6, 1601 Bryan Street, Dallas, TX 75201.
No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this time frame.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 31, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021-19118 Filed 9-2-21; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2021/09/03/2021-19118/notice-to-all-interested-parties-of-intent-to-terminate-receiverships
9/3 Notice to All Interested Parties of Intent To Terminate Receiverships
A Notice by the Federal Deposit Insurance Corporation on 09/03/2021
DOCUMENT DETAILS
Printed version:
PDF
Publication Date:
09/03/2021
Agency:
Federal Deposit Insurance Corporation
Document Type:
Notice
Document Citation:
86 FR 49532
Page:
49532-49533 (2 pages)
Document Number:
2021-19118
DOCUMENT DETAILS
DOCUMENT STATISTICS
Page views:
23
as of 09/03/2021 at 4:15 pm EDT
DOCUMENT STATISTICS
PUBLISHED DOCUMENT
Notice is hereby given that the Federal Deposit Insurance Corporation (FDIC or Receiver), as Receiver for the institutions listed below, intends to terminate its receivership for said institutions.
Expand Table
Notice of Intent To Terminate Receiverships
Fund Receivership name City State Date of appointment of receiver
10023 Downey Savings and Loan, FA Newport Beach CA 11/21/2008
10024 PFF Bank and Trust Pomona CA 11/21/2008
10181 Florida Community Bank Immokalee FL 01/29/2010
10217 Tamalpais Bank San Rafael CA 04/16/2010
10312 Darby Bank and Trust Company Vidalia GA 11/12/2010
10524 Seaway Bank and Trust Chicago IL 01/27/2017
10532 Louisa Community Bank Louisa KY 10/25/2019
10537 First City Bank of Florida Fort Walton Beach FL 10/16/2020
The liquidation of the assets for each receivership has been completed. To the extent permitted by available funds and in accordance with law, the Receiver will be making a final dividend payment to proven creditors.
Based upon the foregoing, the Receiver has determined that the continued existence of the receiverships will serve no useful purpose. Consequently, notice is given that the receiverships shall be terminated, to be effective no sooner than thirty days after the date of this notice. If any person wishes to comment concerning the termination of any of the receiverships, such comment must be made in writing, identify the receivership to which the comment pertains, and be sent within thirty days of the date of this notice to: Federal Deposit Insurance Corporation, Division of Resolutions and Receiverships, Attention: Receivership Oversight Department 34.6, 1601 Bryan Street, Dallas, TX 75201.
No comments concerning the termination of the above-mentioned receiverships will be considered which are not sent within this time frame.
(Authority: 12 U.S.C. 1819)
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on August 31, 2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021-19118 Filed 9-2-21; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2021/09/03/2021-19118/notice-to-all-interested-parties-of-intent-to-terminate-receiverships
MR Cooper Group FORM 4
BURNS ELDRIDGE A
Common Stock 9/1/2021 F 1107 (1) D $38.88 26845 D
Common Stock 9/3/2021 S 3436 D $39.90 234
[ ] Check this box if no longer subject to Section 16. Form
4 or Form 5 obligations may continue. See Instruction
1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL OMB Number: 3235-0287 Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person * BURNS ELDRIDGE A
2. Issuer Name and Ticker or Trading Symbol Mr. Cooper Group Inc. [ COOP ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP and Chief Legal Officer
(Last) (First) (Middle) 8950 CYPRESS WATERS BLVD. 3. Date of Earliest Transaction (MM/DD/YYYY) 9/1/2021
(Street) COPPELL, TX 75019
(City) (Stat
MR. COOPER GROUP INC.
POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS
The undersigned, being subject to the reporting obligations of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), with respect to ownership of securities of Mr. Coop
er Group Inc. (the "Corporation"), hereby constitutes and appoints, individually, each of Elisabeth Gormley and Dulce Avila and any other person holding the title of Associate General Counsel or G
eneral Counsel of the Corporation, as the undersigned's true and lawful attorneys-in-fact and agents, with the power and in the undersigned's name, place and stead, to:
(i) prepare, execute and file, with the United States Securities and Exchange Commission ("SEC"), any United States stock exchange or any other authority, for and on behalf of the undersigned,
in connection with transactions in the Corporation's securities, any and all forms, reports or documents (including exhibits and amendments thereto), required to be made pursuant to Section 16(a)
of the Act or the related rules of the SEC;
(ii) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable for the preparation and timely filing of any such forms, reports or documents with
the SEC, any United States stock exchange and any other authority (including without limitation requesting EDGAR access codes from the SEC); and
(iii) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally re
quired by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney ("POA") shall be in such form a
nd shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact, full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution, re-subst
itution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this
POA and the rights and powers herein granted.
This POA shall remain in full force and effect until the undersigned is no longer required to file reports pursuant to Section 16 of the Act with respect to the undersigned's holdings of the C
orporation's securities, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. A copy of this POA shall be filed with the SEC and with any app
licable United States stock exchange or similar authority. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not
assuming any of the undersigned's responsibilities to comply with Section 16 of the Act.
IN WITNESS WHEREOF, the undersigned has caused this POA to be executed as of this 17th day of August 2020.
/s/ Eldridge A. Burns Eldridge A. Burns
Signature Nam
https://d18rn0p25nwr6d.cloudfront.net/CIK-0000933136/b9c57813-9dae-482d-bae2-c6433bbd079b.pdf
Great, but look at Cooper's Name Meaning
English: occupational name for a maker and repairer of wooden vessels such as barrels, tubs, buckets, casks, and vats, from Middle English couper, cowper (apparently from Middle Dutch kuper, a derivative of kup 'tub', 'container', which was borrowed independently into English as coop).
So I wouldn't put much stock in this name business..........
https://www.google.com/search?q=What+does+Cooper+mean%3F&sxsrf=AOaemvIp1PwaxbBZZyrNMA1TljRvbK54qg%3A1630706292443&source=hp&ei=dJoyYc_2F8f4wAP20IGICA&iflsig=ALs-wAMAAAAAYTKohCZAfrfi3mo4HbloKqym58hSKUwy&oq=What+does+Cooper+mean%3F&gs_lcp=Cgdnd3Mtd2l6EAMyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEOgcIIxDqAhAnOgQIIxAnOgsIABCABBCxAxCDAToOCC4QgAQQsQMQxwEQowI6EQguEIAEELEDEIMBEMcBEKMCOggIABCABBCxAzoLCC4QgAQQxwEQowI6CAguELEDEIMBOgsIABCABBCxAxDJAzoFCAAQkgM6CwguEIAEELEDEIMBOggIABCxAxCDAToICAAQgAQQyQM6BQguEIAEOgcIABCABBAKUIEbWJg4YOY5aAFwAHgAgAHTAYgBwBGSAQYxOC40LjGYAQCgAQGwAQo&sclient=gws-wiz&ved=0ahUKEwjPgKqq5uPyAhVHPHAKHXZoAIEQ4dUDCAk&uact=5
Opinion
CIVIL ACTION No. 19-5280
08-18-2020
LINDA BONNIE SCRIPNICENCU, Plaintiff, v. LSF9 MASTER PARTICIPATION TRUST, et al. Defendants.
McHUGH, J.
McHUGH, J.
MEMORANDUM
This case is one of a series of similar actions filed by the same attorney alleging a variety of claims following mortgage actions in state court. As with the other cases, the claims here are pleaded in vague terms against multiple defendants with little regard for the Rules and little grasp of the controlling principles of law. The complaint here is now on its third iteration, with no material improvement in form or substance. Having carefully considered the parties' submissions, Defendants' Motion to Dismiss will be granted, with leave to amend denied.
continued...........
https://casetext.com/case/scripnicencu-v-lsf9-master-participation-tr
cura asada, I'm not following you... I looked at Aug 24th 8-K SEC filing but I don't see the Form 425. Am I just missing it?
thanks,
ND9
Vodkadejour, seriously, I have to explain this to you? Good grief, when I say this is the closest we’ve been, I am not talking about the literal duration of time.. I am talking about an “expectation” of an upcoming event.. geeez
Nd9
Royal Dude, this is the closest we've ever been... don't quit now... we're almost there.... Just hang on...
ND9
Peter Freilinger's traits aren't very good. If you can manage to stay awake through his article, he's:
1.) Incredibly long winded and not focused...
2.) Trying to rewrite history to show what a great job he and others did at WAMU..
3.) Said repeatedly, WAMU "failed well" and "failed correctly."
4.) Said he is good with failure and people who aren't good with it are wrong....
5.) Said a couple of months before failure, he and others were already working for quick transition to new ownership... Geeeez, sounds like the Afghans...
6.) Never said he was sorry for all the shareholders and employees who were hurt...
After reading his article and his "failure is good" philosophy, now I know why WAMU failed...........
Newflow, nice work, thanks for posting. ND9
Royal Dude, you said "Bob." Did you mean "Bop?"
AZCowboy, so that means, after 9/23, the COOP CEO will NOT be in "possession of material, nonpublic information about the Company."
I guess that means that right now, the COOP CEO is in "possession of material, nonpublic information about the Company."
Did I get that correct?
thanks,
ND9
New Residential... also owned by Fortress/Softbank
AZCowboy, so that means, after 9/23, the COOP CEO will NOT be in "possession of material, nonpublic information about the Company."
I guess that means that right now, the COOP CEO is in "possession of material, nonpublic information about the Company."
Did I get that correct?
thanks,
ND9
Gidel sold 40,000 COOP shares, now retiring..
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 23, 2021, Mr. Cooper Group Inc. (the “Company”) disclosed that in accordance with the retirement provisions contained in the Company’s corporate governance guidelines, Robert Gidel will retire as a director of the Company effective October 27, 2021.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000933136/000115752321001086/a52480914.htm
Thanks AZCowboy! Let’s hope they utilize our esc cusips soon.
Nd9
"Appreciable" is subjective? In your opinion, how many do you need to hold to be considered appreciable?
5,000 P's ?
10,000 P's ?
20,000 P's ?
40,000 K's ?
Split T, but my point is still the same.. I doubt Liberty Partners would sell 40,000 shares now if COOP was soon going to $100 soon... I'm sure Gidel advises Liberty Partners on COOP.....
40,000 shares isn't a "few"... it's $1.5M and ~ 62% of total holdings..
BBANBOB, exactly what I was thinking.. there will be some dilution.. the question is, will the dilution match the assets in value... or will the market perceive dilution, immediately, as a bad thing, no matter how many assets are brought on board....
JMHO
ND9