Mr Cooper Group Inc (COOP)

[LuckyPanda]

How did a shell company like WMIH land series B financing at 3% interest? It takes a lot of confidence for people to loan money at such low interest rates? Do you know who can command 3% interest rates? Full faith of US government - treasury notes.. So how did humble WMIH get 600 million at 3%? Was it because the lure of 6 billion NOLs were so unique that there were public companies lining up to merge with it? or did insiders know for certain that there were large safe harbor assets returning that it had to merge with eventually - perhaps for tax deferment reasons?

Hmm.. which is more likely if you are going to lend a shell company money at 3% interest? I guess many naysayers here will like you to believe the all powerful lure of 6 billion NOLs.