Mr Cooper Group Inc (COOP)

[Large Green]

I will guess based on some good facts that WMIH-Corp will file an 8K showing us the way forward between now and 3/31/2017 and a little more precise would be between now and 3/16/2017.

Of course, most of us have known for years growing this company organically was total BS and it is ALL directly connected meaning Escrow Shares, former WaMu assets, WMIH-Corp and more.

With that said, when WMIH-Corp moves forward we will also know about our beloved escrow monies that will be paid to the Estate owners who are those who have Escrow Shares in their respective accounts.


September's quarterly report:
Quote:
We use a binomial lattice option pricing model to value the embedded conversion feature that is subject to fair value liability accounting. The key inputs which we utilize in the determination of the fair value as of the reporting date include our stock price as well as assumptions regarding a number of complex and subjective variables. These variables include, but are not limited to, expected stock price volatility over the term of the convertible preferred securities, which we estimated at 35% as of September 30, 2016 and 40% as of December 31, 2015, and risk-free interest rate, which was estimated at 0.4% as of September 30, 2016 and 0.6% as of December 31, 2015. In addition, the model requires the input of an expected probability of occurrence, which we estimated at 90% for both September 30, 2016 and December 31, 2015, and the timing of a Qualified Acquisition which initiates the mandatory conversion, which we estimated at 6 months from September 30, 2016 and 12 months from December 31, 2015. The fair value of the embedded conversion feature liability is revalued each balance sheet date utilizing our model computations with the decrease or increase in fair value being reported in the statement of operations as unrealized gain or (loss) on change in fair value of derivative liability - embedded conversion feature, respectively. The primary factors affecting the fair value of the embedded conversion feature liability are the probability of occurrence and timing of a Qualified Acquisition, our stock price and our stock price volatility. In addition, the use of a model requires the input of subjective assumptions, and changes to these assumptions could provide differing results.

Link to September:
https://www.sec.gov/Archives/edgar/data/933136/000156459016027651/wmih-10q_20160930.htm


Have I told you lately how much more, more and more I love my Escrow Shares which continues to grow immensely every sigle day?