is I like stocks
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Good Morning people , Stoxs I sold a large % of COOP this time around when it hit the 50+becuase of the time wasted the last time it hit 50,s and dropped back down,but hey I got no complaints as this paper has done very well for me and I still hold a position in COOP, not as much as before but all profit is profit regardless, its just a little less FREE CASH soooo GOGOOOOCOOP, as I said Monday morning it was and still will be an interesting week
GLTA-Catch alllll before the buzzer got stuff to do this morning with the boss-Ts
Hi ckauf, prob 1 or 2 shs Have a great evening I’m done for today , Seya at the bell
GoGooooooCOOP GLTA-Ts
An 8.19% increase in the pps today 58.50 + 4.43 and yet most of the posts about escrow WTF mannn aren’t some of you COOP SHAREHOLDER HERE ? I know I am just not as much as before but still, Dammmm why do you keep feeding the beast ? Let them post to each other and don’t be derailed from what is going on , Ok, ok for AH shets n giggles 13 days in a row COOP has traded above 50.pps bitch about that now YIKES
I’m done for the day here COOP is also done for the real trading hrs
GOGOOOOOOCOOP -Ts
COOP 58.50 +4.43 EOD. ,1,651,944 shs traded, high pps wazzz 58.69 as of this post , live feed gogoooo COOP
GLTA-Ts
JWW ,Yes imo a company banks the buybacks incase something arises and would not have to go through procedure to enlarge the author again , now I read somewhere Awhile back the 64M+ ur newest info says 66M+ regardless the float is still small EOS.
And
https://s1.q4cdn.com/275823140/files/doc_governance/Certificate-of-Incorporation.pdf
And
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172439867
GOGOOOOOOCOOP
GLTA-Ts
The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is Three Hundred and Ten Million (310,000,000) shares, of which:
Three Hundred Million (300,000,000) shares, par value $0.01 per share, shall be shares of common stock (the “Common Stock”); and Ten Million (10,000,000) shares, par value $0.00001 per share, shall be shares of
preferred stock (the “Preferred Stock”).
https://s1.q4cdn.com/275823140/files/doc_governance/Certificate-of-Incorporation.pdf
————
Now there is 1,7??? Shs holder & 64,848, ??? When I lasted looked up IMHO.
GoGooooooCOOP GLTA-Ts
Nice $$$$ GOGOOOOCOOP
GLTA-Ts
Hi Still , Imo I believe you are both correct, Q over Q performance will/ should increase pps & demand and lesser shs in the market will help increase the pps too
GoGooooooCOOP
Have a great day people -Ts
Good morning people COOP took another hit yesterday, also The Lurker took the posts leader board from Picks yesterday by double digits 16 to 8 and the Lurker has a 7 posts start already today lolol
On another note let’s hope COOP starts another upward trend than rather keep declining as normal in the past after , let’s also keep an eye on the Feds increase rate possibilities today , interesting week as I said earlier this week
GoGooooooCOOP
Have a great day people and remember ignore those that annoy you and enjoy ur day
GLTA-Ts
Rassss
Back at ya, you gotta do you
FYI:OT UBS Fined & fees 387M
UBS Group AG is picking up the legal tab of its collapsed Swiss rival. It will pay a total of about $387 million in fines related to misconduct by Credit Suisse Group AG in its dealings with Archegos Capital Management. In a consent order with the Federal Reserve, UBS agreed to pay $268.5 million for “unsafe and unsound counterparty credit-risk management practices” at Credit Suisse, which UBS acquired in June. The Bank of England’s Prudential Regulation Authority fined the bank £87 million ($112 million), which it said was its largest penalty to date. The Fed said Credit Suisse “lacked adequate governance, experienced staff with sufficient stature, and sufficient data quality and model-risk management to ensure that activities conducted with counterparties were properly risk managed.”
Also
Over the last year, the US housing market has held up way better than most people would have guessed. At the end of July 2022, the average 30-year mortgage was around 5.2% per Bankrate. Today it's 7.2%. And yet home prices are back on the rise, and homebuilders continue to do well. One commonly cited dimension here is that there aren't many homes for sale on the market. And one factor here is that employment remains robust, so very few people are forced to sell their homes for economic reasons. a housing strategist at Morgan Stanley, who has been very good on the topic, having consistently predicted housing resilience, in part due to the lack of available supply. One thing that's really interesting though is his argument that even if we were to see a rise in the unemployment rate, it might not induce the supply response many have expected.
Stepping back in time for a second, this was obviously a dynamic in 2007 and 2008. As unemployment went up in that downturn, foreclosures soared, inducing a flood of homes for sale onto the market, helping create the nationwide-housing crash that helped catalyze a financial crisis.
But that was a different time. Underwriting standards were much worse in the mid-2000s. There were numerous instances where people were hardly putting any equity into their homes. And banks didn't have any infrastructure in place to modify home terms, if a homeowner fell into distress. Since then obviously there's been a huge shift in the mortgage market. Borrower quality is higher. Americans are much less leveraged. And in fact, there's a meaningfully smaller share of homes that have any mortgage attached to them at all these days. only 61-62% of houses have any sort of mortgage attached to them. In 2006/2007 it was closer to 70%. One factor is the swelling ranks of Boomers who simply own their homes outright and aren't moving.
Bottom line is there doesn't seem some imminent prospect of tons of homes for sale, even if we were to see an economic downturn. It's a very different housing market than the one we had 15 or 16 years ago.
—————
Also ,here’s a little diddy, The Dow has an 11 day streak of finishing in the green, longest since 2017
GoGooooooCOOP
Have a great day people,Seya at the close ,maybe , it’s to nice outside to be inside
GLTA-Ts
Good morning people Stox you are somewhat correct , these threads rely on these types of posters who spend everyday/ all day with the same ole same ole arguments n replies EX the Lurker 16 posts who got nosed out yesterday by Picks with 18 posts , now I’m not saying the other side of the fence doesn’t do the same ,just lesser in totals , hey their time but it does get to repetitive ,I don’t posts that much anymore unless bad weather or a down day as I don’t hold the amount of shs I use too, just enough to pay attention ,on to COOP , IMO I look with a keen eye on COOP this week to see how this paper does in the next up coming 5 trading sessions/and where it goes and where it ends
GOGOOOOOOCOOP
It’s to nice outside to be inside GLTA-Ts
Mannnn there’s a lot of he said, she sad, he said lol, well on to a important point COOP is down for todays trading session but not like the old days .85/.95+ in a day ,interesting remainder of the week for sure to see where she goes
GoGooooooCOOP
Have a great evening people, life is good, GLTA-Ts
Royal , please don’t miss construed my post ,it was just that some posters don’t make nor take the time to read past posts before posting (or do their own DD) and nothing more , on another note my live feed says COOP is now in the red by .11 as of this post, I gotta get down to the gym ( I’m moving very slow & late this morning )as it was a very active n late evening at the club last night , ya gotta pay for ur sins as the saying goes
Have.a great day
GoGooooooCOOP GLTA COOP INVESTORS -Ts
Royal , Some people just feel the need or urgency to post something, anything without reading first
Have a great day
GLTA COOP INVESTORS -Ts
Correction , got to excited lol COOP @54.78 that’s what’s important COOP PPS,IMO.but 55.18was there for a second on my live feed hehehe
GOGOOOOOOCOOP GLTA COOP INVESTORS -Ts
Good morning people, I at times post a song (I love this bar) from youtube here because it reminds me of this site as we have , Lurkers that don’t lurk, we have self proclaimed Sheriff's & believers about escrows that do repetitive post over & over the same stuff , we have, you got mail, we have ,I got ur email, that posts such, that don’t know nor care that when you open this site it tells you On-The- top of ur page it tells you such (mail box)so why post it, ( if you can’t post it why say it, self proclaimed important to one’s self , now , we have ,paid posters some say , And let’s not forget we have posters that throw so much crap against the barn wall that later than sooner something might sick so that they can post “I said such, now take the time and listen to this you tube till the end, you people for sure are in here ,tell me I’m wrong lolol
Here it is below
https://www.google.com/search?gs_ssp=eJzj4tFP1zcsNjAtScqrrDBg9OLPVMjJL0tVKMnILFZISiwCAJo4ChA&q=i+love+this+bar&rlz=1C9BKJA_enUS854US854&oq=i+love+thi&gs_lcrp=EgZjaHJvbWUqBwgBEC4YgAQyBggAEEUYOTIHCAEQLhiABDIHCAIQABiABDIHCAMQABiABDIHCAQQLhiABDIHCAUQLhiABDIHCAYQLhiABDIHCAcQLhiABDIHCAgQABiABNIBCTE1OTkzajBqNKgCALACAA&hl=en-US&sourceid=chrome-mobile&ie=UTF-8
GoGooooooCOOP
GLTA-Ts
Good morning people. All in all COOP kept the uptrend going ,hey .+.02 is still better than -.02 and 1,004,523 shs hmmm? I am interested to see how next week plays out for sure,I also notice that the self proclaimed LURKER (cough,cough) couldn’t resist getting 4 quickie posts in to start the day , it’s possible the smelting might have taking its toll lol
GoGooooooCOOP
Have a great weekend people as it’s to nice outside to stay inside
GLTA-Ts
Good morning people, COOP PPS has gotten real interesting trading in this range and can’t wait to see what happens this time around after the report, , now on another note the self proclaimed “LURKER”made 22 posts yesterday , mannnn that’s one heck of a lurker lolol ( Catfish lurker maybe ) and started the day off with one post in the bank already hehehe
GoGooooooCOOP
Have a great weekend people hitting the gym TGIF BABEEEEE GLTA-Ts
“lurking “
/'l?rkiNG/
adjective
remaining hidden so as to wait in ambush.
"the trumpet fish is a lurking predator"
(of an unpleasant quality) present in a latent or barely discernible state, although still presenting a threat.
"he lives with a lurking fear of exposure as a fraud"
———-
What does lurking mean in slang?
lurk, skulk, slink, sneak mean to behave so as to escape attention. lurk implies a lying in wait in a place of concealment and often suggests an evil intent. suspicious men lurking in alleyways
———-
lurk
verb
'l?rk
lurked; lurking; lurks
Synonyms of lurk
intransitive verb
1
a
: to lie in wait in a place of concealment especially for an evil purpose
someone out there lurking in the shadows
b
: to move furtively or inconspicuously
shall I lurk about this country like a thief?
—Henry Fielding
c
: to persist in staying
the excitement of the first act still lurking in the air
—Richard Fletcher
Something about the smile lurking on Malfoy's face during the next week made Harry, Ron, and Hermione very nervous.
—J. K. Rowling
2
a
: to be concealed but capable of being discovered
specifically : to constitute a latent threat
What evil lurks in the hearts of men?
b
: to lie hidden
Malaria lurked in the marshes.
3
: to read messages without contributing on an Internet discussion forum
Woods, I don’t see it on the SEC site , if it’s a bod member it would be a 144 form unless it’s a required annual form for BJ’s monthly sale (slush fund ) lol
GoGooooooCOOP GLTA-Ts
Rads, Yes on the commercial real estate for sure IMO is in trouble and I inserted a story from , Schwab shuts down offices in five cities, merges more inserted below,, now on to the private sector, most home owners don’t buy and sell in one or two years hence low to nothing interest rates two,three years ago buyers got, but as we know today is another story in the private sector
But I posted to which you replied to is what was put out by the news sector online
Now here’s the Schwab story
Large firms like Schwab typically occupy huge offices in prime, and expensive,
downtown locations in large cities across the country.
Large firms like Schwab typically occupy huge offices in prime, and expensive, downtown locations in large cities across the country. Schwab is closing offices in Atlanta, San Antonio, San Diego, St. Louis and Tampa, Florida, according to a statement from the company, and approximately 5% of its staff are assigned to those locations.
The company said more cuts to real estate will occur in the following locations: Boston, Chicago, San Francisco, Jersey City, New Jersey, and Henderson, Nevada, a suburb of Las Vegas. Schwab will be closing floors or offices and then relocating the people working in those locations to offices in a similar geography in those cities.
Schwab is the largest custodian to thousands of independent financial advisors who are registered investment advisors, and it’s currently working to finalize the transfer of accounts from (TD Ameritrade Inc.) a rival which Schwab bought in 2020.
While those RIAs don’t work in Schwab offices, which house Schwab’s own network of financial consultants and support staff, some RIA advisors who use Schwab as a custodian closely watch the operations of the company.
“These offices, that’s to be expected,” said one financial advisor whose RIA uses Schwab to custody client assets. “They’re going to cut costs. It looks like the consolidation of retail branches is pretty much done, and Schwab has been methodical about it.”
The changes in working environments and locations will have no impact on client service, a Schwab spokesperson wrote in an email.
“In an effort to efficiently use resources to support our clients, our employees, and our stockholders, we have evaluated our real estate footprint,” the spokesperson said. “We will close some of our smaller locations with modest levels of in-office attendance or reduce or move our footprint in others. There are no changes to our larger centers and corporate campuses or to our branch footprint.”
https://www.investmentnews.com/schwab-shuts-down-offices-in-five-cities-merges-more-240080
Have a great day
GoGooooooCOOP-Ts
Ndt , June home sales were 18.9% lower compared with last year. That is the slowest sales pace for June since 2009. “There are simply not enough homes for sale,” said Lawrence Yun, chief economist for the Realtors.4 hours ago
https://www.cnbc.com › 2023/07/20
June home sales drop to the slowest pace in 14 years as short supply chokes the market - CNBC
GoGooooooCOOP
Have a great day GLTA-Ts
Hi Split T , Since July 6 we have had good uptrend movements, while I don’t have as much shs as I use to , I still have some, am curious to see how it moves a few days after the report, that I believe will be interesting for sure , as for the self proclaimed lurker who made 60,70 posts in a weeks time speaks for itself
Date Open High Low Close* Adj Close** Volume
Jul 20, 2023 54.03 54.45 53.79 54.31 54.31 259,883
Jul 19, 2023 54.15 54.51 53.60 54.00 54.00 881,500
Jul 18, 2023 52.96 54.17 52.54 53.89 53.89 1,213,000
Jul 17, 2023 52.08 53.37 51.96 52.81 52.81 544,100
Jul 14, 2023 52.55 52.55 51.82 52.06 52.06 345,200
Jul 13, 2023 51.84 52.42 51.54 52.36 52.36 446,400
Jul 12, 2023 51.20 51.97 50.82 51.69 51.69 901,900
Jul 11, 2023 50.65 50.91 50.43 50.66 50.66 562,900
Jul 10, 2023 49.27 50.50 49.27 50.08 50.08 440,800
Jul 07, 2023 48.84 49.89 48.76 49.26 49.26 647,900
Jul 06, 2023 48.79 48.79 48.02 48.67 48.67 497,700
Take care bud, life isssss good
GoGooooooCOOP GLTA-Ts
Loooow hehehehe , 95% of The board knows ur yada, yada, yada lolol
Apologies to the normal posters
I will seya tomorrow, Loooow as I have other things in life to due unlike some
“OH AND ALSO 50 to 60 posts a week is not lurking , so here’s the meaning again of lurking ,”
FYI.
lurking
/'l?rkiNG/
adjective
remaining hidden so as to wait in ambush.
"the trumpet fish is a lurking predator"
(of an unpleasant quality) present in a latent or barely discernible state, although still presenting a threat.
"he lives with a lurking fear of exposure as a fraud"
———-
What does lurking mean in slang?
lurk, skulk, slink, sneak mean to behave so as to escape attention. lurk implies a lying in wait in a place of concealment and often suggests an evil intent. suspicious men lurking in alleyways
———-
lurk
verb
'l?rk
lurked; lurking; lurks
Synonyms of lurk
intransitive verb
1
a
: to lie in wait in a place of concealment especially for an evil purpose
someone out there lurking in the shadows
b
: to move furtively or inconspicuously
shall I lurk about this country like a thief?
—Henry Fielding
c
: to persist in staying
the excitement of the first act still lurking in the air
—Richard Fletcher
Something about the smile lurking on Malfoy's face during the next week made Harry, Ron, and Hermione very nervous.
—J. K. Rowling
2
a
: to be concealed but capable of being discovered
specifically : to constitute a latent threat
What evil lurks in the hearts of men?
b
: to lie hidden
Malaria lurked in the marshes.
3
: to read messages without contributing on an Internet discussion forum (see FORUM sense 1c) (such as a newsgroup or chat room) or social media platform (such as Facebook or Twitter)
You can tweet as much as you want or lurk without comment,
GoGooooooCOOP
Have a great day people, it’s to nice outside to be inside GLTA-Ts
Loooow I asked u for facts and alllll I got in return was fabrication / show me , sooo ???? Lurking lolol
You would be better hunting another tree hehehe
GoGooooooCOOP GLTA-Ts
Loooow hehehehe , 95% of The board knows ur yada, yada, yada lolol
OH AND ALSO 50 to 60 posts a week is not lurking , so here’s the meaning again of lurking ,
FYI.
lurking
/'l?rkiNG/
adjective
remaining hidden so as to wait in ambush.
"the trumpet fish is a lurking predator"
(of an unpleasant quality) present in a latent or barely discernible state, although still presenting a threat.
"he lives with a lurking fear of exposure as a fraud"
———-
What does lurking mean in slang?
lurk, skulk, slink, sneak mean to behave so as to escape attention. lurk implies a lying in wait in a place of concealment and often suggests an evil intent. suspicious men lurking in alleyways
———-
lurk
verb
'l?rk
lurked; lurking; lurks
Synonyms of lurk
intransitive verb
1
a
: to lie in wait in a place of concealment especially for an evil purpose
someone out there lurking in the shadows
b
: to move furtively or inconspicuously
shall I lurk about this country like a thief?
—Henry Fielding
c
: to persist in staying
the excitement of the first act still lurking in the air
—Richard Fletcher
Something about the smile lurking on Malfoy's face during the next week made Harry, Ron, and Hermione very nervous.
—J. K. Rowling
2
a
: to be concealed but capable of being discovered
specifically : to constitute a latent threat
What evil lurks in the hearts of men?
b
: to lie hidden
Malaria lurked in the marshes.
3
: to read messages without contributing on an Internet discussion forum (see FORUM sense 1c) (such as a newsgroup or chat room) or social media platform (such as Facebook or Twitter)
You can tweet as much as you want or lurk without comment,
GoGooooooCOOP
Have a great day people, it’s to nice outside to be inside GLTA-Ts
Good morning people, Looooow, You always use the words Fact n show me , maybe you should practice what you preach, here’s your chance, show me the post/facts in simple terms where I posted about monies coming back to me except for my COOP SHS , GO AHEAD PLEZZZZE, and pray do tell/ prove whom others I’ve told, AGAIN PLEZZZEEE STOP FABRICATING NONSENSE LOL.
OH AND ALSO 50 to 60 posts a week is not lurking , so here’s the meaning again of lurking ,
FYI.
lurking
/'l?rkiNG/
adjective
remaining hidden so as to wait in ambush.
"the trumpet fish is a lurking predator"
(of an unpleasant quality) present in a latent or barely discernible state, although still presenting a threat.
"he lives with a lurking fear of exposure as a fraud"
———-
What does lurking mean in slang?
lurk, skulk, slink, sneak mean to behave so as to escape attention. lurk implies a lying in wait in a place of concealment and often suggests an evil intent. suspicious men lurking in alleyways
———-
lurk
verb
'l?rk
lurked; lurking; lurks
Synonyms of lurk
intransitive verb
1
a
: to lie in wait in a place of concealment especially for an evil purpose
someone out there lurking in the shadows
b
: to move furtively or inconspicuously
shall I lurk about this country like a thief?
—Henry Fielding
c
: to persist in staying
the excitement of the first act still lurking in the air
—Richard Fletcher
Something about the smile lurking on Malfoy's face during the next week made Harry, Ron, and Hermione very nervous.
—J. K. Rowling
2
a
: to be concealed but capable of being discovered
specifically : to constitute a latent threat
What evil lurks in the hearts of men?
b
: to lie hidden
Malaria lurked in the marshes.
3
: to read messages without contributing on an Internet discussion forum (see FORUM sense 1c) (such as a newsgroup or chat room) or social media platform (such as Facebook or Twitter)
You can tweet as much as you want or lurk without comment,
GoGooooooCOOP
Have a great day people, it’s to nice outside to be inside GLTA-Ts
FYI, lurking
/'l?rkiNG/
adjective
remaining hidden so as to wait in ambush.
"the trumpet fish is a lurking predator"
(of an unpleasant quality) present in a latent or barely discernible state, although still presenting a threat.
"he lives with a lurking fear of exposure as a fraud"
———-
What does lurking mean in slang?
lurk, skulk, slink, sneak mean to behave so as to escape attention. lurk implies a lying in wait in a place of concealment and often suggests an evil intent. suspicious men lurking in alleyways
———-
lurk
verb
'l?rk
lurked; lurking; lurks
Synonyms of lurk
intransitive verb
1
a
: to lie in wait in a place of concealment especially for an evil purpose
someone out there lurking in the shadows
b
: to move furtively or inconspicuously
shall I lurk about this country like a thief?
—Henry Fielding
c
: to persist in staying
the excitement of the first act still lurking in the air
—Richard Fletcher
Something about the smile lurking on Malfoy's face during the next week made Harry, Ron, and Hermione very nervous.
—J. K. Rowling
2
a
: to be concealed but capable of being discovered
specifically : to constitute a latent threat
What evil lurks in the hearts of men?
b
: to lie hidden
Malaria lurked in the marshes.
3
: to read messages without contributing on an Internet discussion forum (see FORUM sense 1c) (such as a newsgroup or chat room) or social media platform (such as Facebook or Twitter)
You can tweet as much as you want or lurk without comment,
————-
Have a great evening people
GoGooooooCOOP GLTA-Ts
COOP should’ve close at 54. Yesterday, with 30 sec left they hit it to bring it to 53.89 eod
GLTA-Ts
FYI , US MBA Mortgage Applications data is due at 7:00 a.m., June Housing Starts data is due at 8:30 a.m
GoGooooooCOOP
Have a great day people , it’s to nice outside to be inside
Gotta him the gym -GLTA -Ts
Good morning people:I see the negativity came out of the woodwork once gain,when the facts as they call it , all should be talking about the PPS of THIS STOCK COOP holding up in the 50’s once again,those are the facts , but I was Wrong (shoot me) about me not waiting this time around and selling 95/98% of my stock @ 50.0+- instead of waiting this time around for the higher pps as the last time i did hold when it hit the 50’s and the pps dropped (oops I was wrong then too) wowww, shame on me ,So Wil this COOP pps hold this time around after the up coming report or continue its routines as in the past of declines of the pps after the report even though a deal was completed
GoGoooooCOOP
GLTA & 2 ALLLL THOSE WHO BELIEVE
Have a great day and don’t let the lurkers (cough,cough) try to disrupt ur day -Ts
COOP EOD. LIVE FEED $53.89 Vol. 895,017 as of this post , there was a fight to keep the 54.pps for sure as I watched the last ten min.& in the last 30 sec they bang it down to the close EOD.number as till then is was 54.
GLTA-Ts
COOP isi 54.00 pps as of this post,live feed , the close should be interesting
I STILL OWN SOME not much but some lol
GLTA,Ts
Good morning people, DB4D, IMHO. toots at times have to move and use capital even the lowest amounts needs to be placed somewhere until a super deal is put together by them, any how it’s the larger amounts shs % wise held by the toots that really counts the common holder/ Retail is but a pimple on a fleas arsh lol , The boyzzzz can pass anything they want , COOP-and the toots just goes along with SEC info requirements ,it’s already a done deal before info to retail
Have a great day people ,it’s to nice outside to be inside
GLTA GOGOOOOOCOOP Ts
Sorry double post
Ts
27 ,Dat 2
GLTA -GoGoooooCOOP-Ts
Good morning people, Lo maybe they were to. Repetitive,
Have a great day people
GoGooooooCOOP GLTA-Ts
Good morning, Today is a non trading COOP stock day and yet the same bickering day in and day out and yet whomever chooses to have my single post in a week removed even though I interject my COOP stock info and pricing, I guess I don’t do enuff bickering , Grant there is really not much to post about COOP much of the time so , hmmm?
As I still hold some COOP shs , pleazeeeee continue with the same ole,same ole bickering as some need to do something with their time , This post issss on topics here GLTA-Ts
Mr. Cooper Group - Mr. Cooper Extends Expiration Date of its Tender Offer to Acquire Home Point Capital
https://www.businesswire.com/news/home/20230628719322/en/Mr.-Cooper-Extends-Expiration-Date-of-its-Tender-Offer-to-Acquire-Home-Point-Capital
June 28, 2023 08:00 AM Eastern Daylight Time
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced today that Heisman Merger Sub, Inc. (“Purchaser”), a wholly owned subsidiary of Mr. Cooper, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of Home Point Capital Inc. (NASDAQ: HMPT) (“Home Point”), par value $0.0000000072 per share (“Shares”), for $2.33 per Share, net to the seller in cash, without interest thereon and subject to any required withholding, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Mr. Cooper, Home Point, and Purchaser.
The Offer, which was previously scheduled to expire at 5:00 p.m., Eastern Time, on June 27, 2023, has been extended until 5:00 p.m., Eastern Time, on July 21, 2023.
Equiniti Trust Company, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on June 27, 2023, approximately 136,030,882 Shares had been validly tendered into and not validly withdrawn from the tender offer, representing approximately 98.2% of the outstanding Shares. Holders that have previously tendered their shares do not need to re-tender their share or take any other action in response to this extension.
The Offer is being made pursuant to the terms and conditions described in the Offer to Purchase, dated May 26, 2023 (as it may be amended or supplemented from time to time, the “Offer to Purchase”), the related Letter of Transmittal and certain other offer documents, copies of which are attached to the Tender Offer Statement on Schedule TO filed by Mr. Cooper and Purchaser with the U.S. Securities and Exchange Commission (the “SEC”) on May 26, 2023, as amended.
The Offer is conditioned upon the fulfillment of certain conditions described in “The Tender Offer—Section 15—Conditions to the Offer” of the Offer to Purchase, including, but not limited to, the receipt of consents from certain state mortgage regulators, the Government Mortgage Association, the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association. The tender offer was extended to allow additional time for the satisfaction of the remaining conditions to the tender offer.
GLTA -sold mine yesterday except a 100 shares - let it ride wherever it goes Peace -Ts
newflow
Offering and Sales Amounts
Total Offering Amount $30,000,000 USD
Total Amount Sold $545,491 USD
Total Remaining to be Sold $29,454,509 USD
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NBD as. Of now anyhow, but Thanxs for the info
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P.S
FYI JPMorgan will pay a $4 million fine to settle SEC allegations that the bank mistakenly deleted millions of electronic records, leaving communications unavailable to regulators in a dozen investigations ,say it ain’t so , year right lol
Ts