Mr Cooper Group Inc (COOP)

[Mr_Simpson72]

My opinion is that WMIH-NSM is holding many cards they have yet not shown.

Also I dont envision KKR, the Series B owners & Softbank just going for an easy double. They must have a much bigger ROI in mind than that. But as a starting point without more news I agree.

For instance that Home Intelligence App that will be launched during Summer

https://www.businesswire.com/news/home/20180509005103/en/Mr.-Cooper-Launches-New-Mobile-App-Bring

https://www.mrcooper.com/homeintelligence

This Fintech App will play a very important role to make WMIH-NSM become in a company lined up for growth in the future. I believe they are holding on launching this transformative app along all new developments until the Merger is sealed and conversion on shares has happened. Also if we were just to stay with only NSM as partners...

Why keep the WMIH umbrella with NSM placed as a sub?... if they are placing one sub I believe some others will follow.

Softbank also mentioned that they wanted to transform the mortgage industry... maybe this app is the first step to that transformation.

Our current lines of business:
- Reverse Mortgages: We have to find out if CIT sale of their Reverse Mortgage business is coming our way.
- Mortgage Servicing: JPM or Amazon partnership?
- Real State (XOME)
- Originations

* Interest rate hikes coming in 2018.

If what many of us believe in regards of our Trusts loaded with mortgages at some point in 2018 some agrement is reached with FDIC-R & announced we can all imagine what that could do to WMIH-NSM & those many of us holding Escrows. Everytime I think of Hedge Funds holding on for 10 years... the same question comes to my mind... they have less patience than we do and they have been holding forever so they were after something during BK and it wasn´t the NOLs. In few months maximum we will find out.

Finally... the most indicative signal that there is something more in the puzzle. WMIH (KKR & friends) will retain 64% ownership after Merger while NSM (Fortress & friends) will own 36%. No big player gives away a majority ownership unless... (you guessed it)

Very exciting times indeed.