Mr Cooper Group Inc (COOP)

[Large Green]

gg4, even though I recently posted about a share exchange event happening simultaneous to the merger, the key in my view are the tax attributes making sure WMIH does not lose them.

After doing some research, when WMIH makes a deal for the Escrow ShareMarkers who own the former WaMu Estate, there should NOT be an ownership change due to 5AT (Fifth Amendment Taking) putting the owners back into their original position.

With that said, it makes sense that WMIH closes this merger BEFORE making a deal with the Escrow ShareMarkers. Look at it this way - WMIH closed the NSM merger so no issues hanging out there, then WMIH makes a deal with the Escrow ShareMarkers which would be no different than WMIH making a deal with company ABC. What WMIH would be doing is bringing more value to WMIH, then EscrowMarkers are dealt with, albeit totally separate from WMIH/NSM merger closing.

I believe this make more sense, even though I was hoping for this to happen much sooner with the Escrow ShareMarkers. I believe this will still happen in year 2018 at the very latest if not within a month after the merger closes.