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Good morning Boys.
So, where's the money now? I can't see anything...
Just another dream from some boys here... Nothing will happen. Now you can dream from next theories about money is coming all to us.
Hey US Boys, are we gonna getting rich this monday or when not, do you have any other dates this would happen?
It's interesting how the dream of a possible payout is always kept alive here.
The theory of AZ with his 50$ rule, the 65 days rule with the 4th of March, last possibility at the end of March and so on.
As soon as all these dates have passed unsuccessfully, the next theories with new dates come...
Some should seriously face reality instead of living from dream to dream.
@infi Isn't that a posting from 2 years ago? Or did you get it in the last days?
After the last update of the LT as well as the probably upcoming deletion of the escrow markers from our accounts, I honestly don't believe in any further payout to us.
And once the escrow markers are deleted, no more payouts can or will be made anyway. Game over after all the years in which we had hoped in vain.
Just like the movie Groundhog day...
Again and again and again. From one to another date.
Mr. Cooper Completes Sale of Reverse Servicing Portfolio
December 02, 2021 08:00 AM Eastern Standard Time
DALLAS--(BUSINESS WIRE)--
Mr. Cooper Group Inc. (“Mr. Cooper Group” or “the Company”) announced today that it has completed the sale of its Reverse servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management, LLC and its affiliates.
“We’re pleased to complete this sale, which allows us to continue on our path of rationalizing and simplifying the business model, in order to focus on the attractive growth opportunities in our core mortgage servicing and originations segments”
“We’re pleased to complete this sale, which allows us to continue on our path of rationalizing and simplifying the business model, in order to focus on the attractive growth opportunities in our core mortgage servicing and originations segments,” said Jay Bray, Chairman and CEO of Mr. Cooper Group, and added, “We believe this transaction is a positive outcome for our Reverse customers and the team members who have supported this business.”
Vice Chairman, President and CFO Chris Marshall commented, “This transaction improves profitability and liquidity, simplifies our financial statements, and strengthens our capital ratios, which are now above our previously disclosed target of 15%.” The Company estimated that pro forma for the sale, its ratio of tangible net worth to total assets was approximately 17.5% as of September 30, 2021, consistent with its prior disclosures.
Wachtell, Lipton, Rosen & Katz acted as legal advisor to Mr. Cooper Group and Houlihan Lokey acted as financial advisor to Mr. Cooper Group.
https://www.businesswire.com/news/home/20211202005252/en/
All or nothing...
Why should a falling share price be an indication of a payout?
And what makes you so sure we'll see a payout by the end of December at the latest? What facts are you basing your statement on?
And again and again, like the movie 'Groundhog day'...
Nothing happen today, and so the dream goes on to the next date and daydream.
And so we move from one daydream to the next.
Pure daydreaming with any dates that are mentioned. Also the next date will thus fizzle out like all the others of the last years.
But there are always users who jump on it...
Have you read the FAQ of the WMILT?
The LT is not dissolved until now.
Does anyone have contact with Alice Griffin?
Most recently, user jaysenese had contact with her on BP. Ask him about it.
Thank you for your post AZC. Good to read you again.
Why should I say it is not so?
RD keeps showing us these operations of big banks. And again and again some theories are put forward that these are supposed to be possible payments to us.
Sorry, but these are usual daily business transactions, which operate the large banks. Everyone who does not believe this, can gladly put a written inquiry to the respective bank, around which kind of business it concerns. The answer will bring many back down to earth.
And here one should remain also times with the reality. Why here again and again any stories are interpreted into it, remains a mystery to me.
These financial transactions are transactions that are carried out by the major banks on a daily basis.
There is no connection at all with us escrow holders in these transactions.
I can't understand why people are constantly dreaming up scenarios here and giving the old Washington Mutual Inc. shareholders hope for a potential windfall.
The theory with the 50 limit is pure fantasy.
Absolutely nothing will happen if the share price reaches 50.
Very interesting.
Hi RD.
Thanx for posting your mail. Do you think you got any response from anybody?
In all our dreams, yeah.
So many dates and theorys but nothing happen, like every month.
What or who is GPM?
Thank you BB
What good is it for us escrow holders if KKR no longer holds any shares in COOP?
Why then have these 'alleged' assets not yet been released?
Why then have the existing shareholders seen no money from these assets to this day?
As I said, the FDIC must first close all receiverships, before that, definitely nothing will happen. Even if any theories and desired dates for potential payouts are mentioned again and again.
These are pure fantasies. One dreams from appointment to appointment. First it was last year because the NOLs are in use. Then they fantasized about interest payments, cumulated over 51 quarters. Now the present day has been mentioned ...
And what happened? Nothing. And no so many appointments can be named and determined, nothing happens.
The tip of the scales is the FDIC, even if many here do not want to admit it.
Nothing will happen to us escrow holder today or neither tomorrow. First of All the FDIC has to close all receiverships. That's not done, so... Nope.
What's the connection to escrow?
That's exactly how it is.
That's usual, daily banking business and has nothing to do with any possible cash distribution to the escrow holder.
What should happen tomorrow???
It's usual banking business with no connection to the escrows.
I bet he doesn't post it to provide proof.
That's an old document, dated Jan 2020.
Can you tell us the BIG that is going on?
Where are all the boys who said that the LT is already done, dissolved and so on?
Nope. Mine is working fine.
But nothing from zero is...
No, no and again, No.
Nothing will happen at June 30th,Sunny.