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Greetings Serafino, Thank you for the compliment. Coming from you, it says a lot, since you limit your responses to a “Limited Few,” and don’t respond to just anyone. Also, I Appreciate the “Words of Wisdom.” I will take it into account, do a self analysis, adapt, learn and grow from it. Metaphorically speaking, thank you for the Gold Nuggets and Gems. When I do Cash In and Utilize these Nuggets and Gems, I will not bend or overstep any boundaries nor will I, Mismanage the Fortune.
Safe Travels.
Go Coop!
Go Mr Cooper Group Inc!
Go Equity Interest Beneficiaries!
Lodas, I as read more and more and follow the filings. This is and was an well Organized and Orchestrated Transfer of Wealth under the Guise of a Crisis. To JUSTIFY the Crisis and the Corporate Welfare! I don’t believe the Narrative, because they were transferring the assets/Wealth well before the Crisis! Not to mention,, if American Express, Goldman Sharks, IBM were used to Hide Assets, then it wouldn’t be too far fetched for WMI Inc and JPMorgan to come up with the same Agreements. ( It’s Their M.O.) JPMorgan owns the assets and WMI Inc Services the assets through its subsidiaries Nationstar LLC. That was formed in 2001 and Fortified through 2012 with WMI’s, WMB’s and then again 2018 with the Non Banking Assets.
Redacted Filings/ Statements// Dispositions/Declarations/ etc, Etc..
5th Amendment Taking
Secret Meetings
Secret Negotiations
Secret Bids
WHY THE SECRECY?
I Don’t Believe LIARS!
What does it matter to you what someone else’s believes? Does it affect YOU, in any way, shape or form?
Does it take away from your dinner table?
Do you stand in front of the convenience store and warn everybody that buys a Lottery Ticket?
Do go on government gambling sites and warn gamblers not to Gamble?
Do you go to Las Vegas Casinos and warn Gamblers not to Stay there and Gamble?
So let them be if that’s where they want to be. It’s their prerogative. Not to mention, Life!
Just a suggestion, you can private message the other people that agree with you and joke about the others ideologies and vise versa. You can laugh and carry on having a good time. Rather, than trying to convince someone who doesn’t want to be convinced by you, because they have a different opinion, interpretation and understanding of what was written in the agreements, and avoid any aggravation, or aggravating conversations.
Nope, that’s too Simple and it won’t happen. you see the Culture is, you need a Good Story, you need a Struggle. A Conflict…. That is the Cycle. I Don’t care who Right or Wrong. I personally have moved On and it doesn’t affect me if someone believes there’s a future payout and it doesn’t affect any different if there is no future payout. One thing I do know is that my time is Limited and this is too Beautiful of a World to waste it on a Message Boards. That being said, I’m Out! I have Places to Go and People to Meet, somewhere warm, with beverage in hand and waves hitting my Feet!
I BELIEVE IN COOP!( MR COOPER GROUP INC.) Answer to your question.
GO COOP! GO EQUITY INTEREST HOLDERS!
Did you receive shares of Reorganized Wmih? If so, you are good. Nothing to worry yourself about.
Is Lendingpoint, Mr Cooper’s next Acquisition? is a Good Question.
A calculated strategic forward lateral move. Rushmore steps in the Play! Just my opinion…
XOME INDIA!? What sneaky assets hiding entity is going on here!
I see the filings is yet to be discussed. It’s present relevance opposed to having discussions of something that may or may not come. Bird in hand is better than two in a bush. Let’s discuss the bird we have, Mr Cooper COOP, and the information in the filing instead of wasting time arguing about Future Distributions that may or may not happen.
XOME INDIA!? What theF@€£!
I’m not sure, but, “The Board,” mentioned Upcoming Headwinds. They already knew what was to come and gave the subliminal message/warning.
Timber! Here’s the Headwind that has been mentioned the last couple calls.
Down over 4.19% with 17,000 plus shares traded at the time. Pure Manipulation!
The Market didn’t like the recent 8K Filing. My opinion.
The downgrade is in affect. Outperform to Market Perform. The market is Down, Coop goes down with it. Market goes up, Coop goes up. Get the Gist?
Outperform market means if the market goes down, Coop beats to its own drum up. Market goes up Coop can go up with it or down on its own.
So Utah was Transferred to avoid paying the real valued dollar amount and paying taxes. I read a court document yesterday, that stated that the Approved Plan had a better outcome than Chapter 7 Liquidation with the Debtor’s $54 Billion Claims being paid the best possible scenario. So, (2)$27 Billion dollar claims being paid by FDIC and JPMorgan scenarios was less favorable recovery than the Approved Plan.
Newflow, thank you for sharing.
Nova, 350 Billion is a Big Number. Coincidentally, it’s a dollar amount that once was considered WMI Inc’s valuation.
Slim to none. It will most likely be after 2028. They are not finished with the Agreements of the Plan.
Pick, XXXX is arranging the sale of its own assets to the group. The Estate XXXX is Selling it’s Assets to the Reorganized Debtor Via Nationstar and it’s Subsidiaries. Through Project Eclipse they”Wmih Inc.” are able to Sell the assets to themselves via Nationstar LLC, Nationstar Mortgage Holdings Inc., Mr Cooper and wholly owned subsidiaries of Nationstar( other than certain Excluded subsidiaries.)
Night, Mr Cooper didn’t buy Flagstar. “NATIONSTAR LLC.” a direct wholly owned subsidiary bought servicing rights and Third Party Origination platforms. Also,
Mr Cooper Group Inc.(the Parent) announced the pricing of an offering by “ NATIONSTAR MORTGAGE HOLDINGS INC.” a direct wholly-owned subsidiary of Mr Cooper. (Nationstar)
Project Eclipse.
Nationstar Mortgage LLC. Servicing Lehman’s and WMI’s Loans since 2012. https://en.m.wikipedia.org/wiki/Aurora_Bank
Cook, I believe you should have a name change to caughtacrook. LolThis is a good piece of information. It put things into perspective. A lot that was Transferred out is being put back together via Nationstar. It’s no coincidence that during the crisis and restructuring, Nationstar was being structured and assembled with the WMI’s Estates Assets.
Thank you Large, I appreciate it.
Night, Thank you for the information didn’t more color to this transaction.
My belief is Doreen is key and one of the Masterminds behind this Plan. It’s Perfectly Thought Out, Planned and Executed. That is the Actions of a Boss Woman in Charge.
Forget a date with Buffet for stock tips I already know. I’d rather go on a date with Doreen. horseback backpacking in the mountains of Utah. Laughing, Carrying On and being silly under the Stars, nestled with accounting books. I’m a True Romantic. Lol
Thank you Xoom.
SOON TO COME: MR COOPER GROUP INVESTORS FUND CLASS A XMNBK.
March 19, 2012 and March 19, 2023
Coincidence or Strategic? March 19, 2012 WMIH Exits Bankruptcy.
March 19, 2023 Flagstar enters a Purchase and Assumption Agreement with the FDIC to Purchase certain loan portfolios.
I theorize, these are the assets from Signature that were transferred to Flagstar, that were part of the 2003-2023 Pass Through Securities that came to Maturity in 2023. JMO
Assets are Never Lost, they just get Transferred. (My Belief)WMI INC. DBA//Mr Cooper Group Inc in agreement with its Wholly owned Subsidiary NationStar LLC. is Reunited with assets that were strategically transferred to and Serviced by Signature and now Strategically transferred to “Nationstar LLC,” not, “WMIH INC.” All to be Serviced by: “MR. COOPER GROUP.”
Go Coop!
Board, I second your sentiments. I, too believe there are those that are in the Know. 2024-2026. Peak of NOL Benefits.
You’re welcome and yes it was Fantastic News and very Relieving.
Oniro, yes it was briefly mentioned. No Dilution on Equity, but more Stock Repurchase.
I’ve been trying to ask the question about XOME, but I’m not allowed because I don’t have the option to ask Q&A.
Dilution of Equity is Off The Table! On the Contrary, they are “Buying Back” more shares. We can Breathe Easy for Now!
Coincidence or Strategic? March 19, 2012 WMIH Exits Bankruptcy.
March 19, 2023 Flagstar enters a Purchase and Assumption Agreement with the FDIC to Purchase certain loan portfolios.
I theorize, these are the assets from Signature that were transferred to Flagstar, that were part of the 2003-2023 Pass Through Securities that came to Maturity in 2023. JMO
Assets are Never Lost, they just get Transferred. (My Belief)WMI INC. DBA//Mr Cooper Group Inc in agreement with its Wholly owned Subsidiary NationStar LLC. is Reunited with assets that were strategically transferred to and Serviced by Signature and now Strategically transferred to “Nationstar LLC,” not, “WMIH INC.” All to be Serviced by: “MR. COOPER GROUP.”
Go Coop!
Newflow, am I MD? I don’t understand your acronyms.
Silly, Jay stated, “we might see some Headwind this year” and now comes the Downgrade to market perform and now it performed along with the market and took quite a dip at the end of day. Usually Coop beats to its own drum.
You’re welcome.
Pick, I’m referring to the shares that were bought back and retired.
Sorry, I do not have the transcripts, but I believe Newflow does. If not it maybe still posted on MrCooper.com investor’s relations.
Split, you are right. I don’t know and for that reason, I don’t underestimate anyone on this board. No Games being played here.
Nova, I won’t ask that question because the answer was already given last call. The shares weren’t Treasured they were retired and canceled. (Not exact terminology but close interpretation.)
Large, First, safe travels. Second, I was being humorous. I’m so independent that, if and when, I want something, I’m accustomed to getting it myself. It drives my wife nuts because at times she feels less than when I refuse her acts of service only to get up and get it myself. I mean no harm or offense it’s just how I operate. Just like I contacted Justin, who in turn had Ed Sargent call me. Due to Privacy Issues, that’s all I am mentioning. Point is, I called myself. Also, I reached out to Brian and Chris.(They didn’t respond) Again, I was having a little fun with you. I know you’re not yellow. Lol (just backyard bully talk)
Large, Great questions. I think you should ask those same questions tomorrow during the Q&A directly to Jay Bray. I think he’ll have no other choice but to answer rather than ignoring you on this message board. I believe Jay has better things to do than waste his time reading a IHUB Message Board. Just my opinion and a simple suggestion. I, and I believe many, on this board would love to hear his(Jay’s) response. “I Double Dog Dare You,” or you will be “Yellow!” Lol