Mr Cooper Group Inc (COOP)

[hotmeat]

Buy them from whom...the WMILT? Last I checked they were barred by the LT Agreement from conducting any such transactions.

If there are indeed SH assets they will obviously have to be sold...for CASH NOT SHARES.

I believe the FDIC holds assets of WMI or WMB that will be returned at some point, but they also will not liquidate these assets for shares.

So whom exactly will this S4V transaction be conducted with? The LT is barred and the FDIC does not liquidate assets for shares.

I won't even go into how this S4V tale is illegal from the merger perspective and how the estate value is to be divided 75%/25%, and not along share for share exchanges.

Last I checked all those shares were eliminated and replaced with Equity Interests (EI's), where returns will be divided according to ones class, Common or Preferred EI's.

Note: Still waiting to be shown where J. Bray said NSM will buy assets and not make further acquisitions.


YES....Really!!!!