Mr Cooper Group Inc fka COOP

[BBANBOB]

TANZ


"""COOP also wins, because they get to service (and maybe are already servicing?) former legacy MBS, which JPM always neatly recorded as "off balance sheet assets" on their 10K's)."""

I pointed out several months ago, LOOK when NSM was created 2007,with a starting value of 10 bil, then look how FAST NSM GREW to 650 BILL currently in 13 years. HMMMMMMMMMMMMMMMMMM

Now remember that according to the BANKING SUB COMM that we had 640 bill IN IN FORCE ABS or MBS 650-10, HMMMMMMMMM

Pretty miraculous growth I would say, in just 13 yrs HOW BOUT YOU?


UNLESS THEY ALREADY HAVE OUR ASSETS BUT HAVE JUST NOT YET COMPENSATED LEGACY HOLDERS for those servicing rights YET!!!!!!!!!!!!!!! HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM


And servicing RIGHTS do not mean they OWN the asset behind it or the mortgage, just the right to service them.

And that is where I say WMI comes into play.

So

1. already received a payment in COOP shares

2. And we Will then yet again receive COOP shares for the servicing rights payment.,

3. Will receive shares in WMI (WHICH OWNS THE BIG "A") and those imho WILL become trade able based on BOOK VALUE(TO be disclosed before long)!!!!!!!!!!!!!!


NOW IMHO once you sell YOUR WMI shares you are no longer part of any of this as you would have sold your legacy interests in and for ANYTHING YOU SELL as far as your WMI SHARES are concerned and will be done to get nothing further divies NOTHING!!!!


BOBVIOUSLY this is ALL IMHO and my WAG which I am sure will meet resistance