Mr Cooper Group Inc (COOP)

[blissedout]

How many years can this continue?

I'm curious what the absolute limit is to have all of this resolved. There is no way to sell my released preferred or common shares so I can't screw this up for myself by selling too soon (I am thankful for that!). But are they going to wait for every 30 year mortgage to be paid off in every tranche before settling?

Around every corner has been a delay or a vacation or *whatever*. I can hardly believe that we'll ever find out what those locked up shares are worth or see any payment for them :) But I continue to follow the story a bit and hope that the reason I bought those P's and K's (and a bit of Q's) so many years ago comes to fruition.

Thankfully I keep myself busy running a business, raising kids and coaching youth sports. But once in awhile the dreams of a little vacation home with WAMU payoff creep into my thoughts and get me excited. Especially those enormous Q,P,K calculations! I'll buy a moderate beach vacation home with lots to spare if that ever happened.

Happy holidays and Merry Christmas to all! Maybe this time *next year* the hidden value will finally have been revealed and delivered to us!