Mr Cooper Group Inc (COOP)

[Evintos]

...all I have in response is why are some here so adamant that we have been given "all" the info available in this case....

The point is, until the final gavel comes down and everything is settled and done, all we have here are our opinions... and rightly so. That is what you and "the crew" fail to realize regularly.

If it was 2009-2012, I would definitely agree with lies, lies and more lies (basically standard operating procedure). When the equity committee formed, I would go with creative licensing.

The gavel came down and the rest is clean up of those who haven't agreed to participate in POR7. POR7 has been signed off, agreed upon by debtors, most claim holders, the equity committee, etc., and releases have been signed. Those lies, became legal truths; ridiculous as it may sound.

P.S. I see the K-Mart comparison a lot. I don't agree that it applies for one reason - equity holders survived.

P.P.S. - FDIC book value at the time was unfortunately severely undervalued but also contained debt + liabilities. Something that FDIC is arguing right now with Deutsche Bank National Trust Co. (their stance is that JPM purchased liabilities as well). 1.88B is the extreme example of a lucky deal from a mislabeled sales tag (although personally I think it was an orchestrated take down, but I can't prove it and all the "evidence" is circumstantial).


----------SIDE NOTE for Everyone----------
A lot of people are expecting something to happen soon (progress if you will). Things from uplisting, to acquisition to merger, consolidation, so on and so forth.

I'll throw this into the ring of a million possibilities (something I haven't seen mentioned) - another round of capital raising. Nothing that I have read so far (I may have missed something) prevents WMIHC from offering a "Preferred Series C, D, E, F, G."

Time limit is 1-5-2018.