Mr Cooper Group Inc (COOP)

[fsshon]

Do we have a value on Greenlight Capital (re-insuruer) as I have been saying, this is the avenue we are pursuing. It does not mean we will not snatch up the rest of the company in the future. Unless KKR allocates that Billion they promised for an acquisition, there is no way we can buy up the whole company.

Greenlight may sell us the reinsurer now and the rest after the 3 year deadline on Ownership change has expired, so we can issue more stock to handle a merger.

We could do well with a re-insurer at this moment. The market is right for this type of company. I have put uo tons of info on TARP and mortgage insurance, along with Captive Insurance companies making a come-back.

Cheers