Mr Cooper Group Inc (COOP)

[AZCowboy]

... A Deposit Base Can Not Be Purchased ...

The cash available within a banks deposit base is not something that can be owned or purchased' ... the deposit base' of any bank is only something that can be utilized' ... the deposit base belongs to the depositors'

JPMorgan will never OWN the deposit base' ... it is only able to provide service within it' ...

Similiar in fashion to JPMorgans servicing of the WMI Loan File' ... JPMorgan is able to profit from the servicing' ... but can not own the deposit base ever' ... and has to pay for any part of the Loan File that it needs to'

the "initial payment" is 1% of the deposit base' ... a standard fee paid' for a receiving bank from an FDIC seizure'

This must be quite difficult for those that have not actually reviewed the process or filings or are actually just inexperienced' ...

... This will be quite the life changer, for those that paid attention and chose to objectively review all things ... Both of the BK's ...

... Keep an eye on and Watch the newco' ... (Those two new guys are not getting 5 times the amount of shares owned by Mike W and Eugene D' just for showing up to work') ... Nope' ... I believe we are going to see a 5 for 1 forward split' ... and WMIH-Corps equity owned in WMIIC will financially absorb any price dilution'

... WMIH-Corp (the parent) will move to WMIIC (the sub) - legal in Delaware' ... (my conclusions)

AZ