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Re: AZCowboy post# 633961

Wednesday, 09/23/2020 5:19:15 AM

Wednesday, September 23, 2020 5:19:15 AM

Post# of 749756
AZ, you are implying Mr. Cooper Group is lying on their web page

https://mrcoopergroup.com/

As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.



In NO WAY can the above be justified, if it is true what you are saying below and in your other posts!

What happened:
1. Wand Merger, a sub of WMIH, merged with and into Nationstar, with Wand ceasing to exist! (re-read the first paragraph of the original PR: https://www.prnewswire.com/news-releases/wmih-corp-and-nationstar-stockholders-approve-merger-300674889.html)
2. Then WMIH was the parent of Nationstar (also in the PR)
3. Later WMIH became/renamed to Mr. Cooper Group (COOP) (there's also a PR, and the text on the web page above)
4. That's why Mr. Cooper Group (COOP) (formerly WMIH) is the parent of (former) Nationstar!

BUT Mr. Cooper Group (COOP) has NO PARENT of course.
IF it had a parent, it would hold all of COOPs stock of course. But the COOP shares are publicly traded. WE, and funds, are the owners.

There is NO another (hidden) parent!

Only in your fantasy...

Your post:

~ 2221, This Is “Why” My Posts Regarding the WMIH-Corp “Corporate Structure”, Are Important’ To Understand ~

... So, ... with our acquisition of NationStar In 2018’, We gained the loan servicing mechanism that We needed ...

Now that the WMI bankruptcy cases have been closed, ... “COOP” ... should be in receipt of roughly $80 million dollars In monthly servicing fees this Friday, September 25th ...

... so since “COOP” is truly our subsidiary, that means that if “COOP” receives the servicing fees referred to above, ... then the Parent Corp., ... WMIH-Corp ... will also receive interest returns from the Trusts ...

... Parent Corp / Subsidiary ... If one is acknowledged by the Trustees, so will they both be ‘ ...

Parent Corp. = WMIH-Corp

Direct Subsidiary = (the)*Mr Cooper Group

The company’s SEC allowed “Registrant”’ = the subsidiary


AZ



======> JUST MY PERSONAL OPINION, NO INVESTMENT ADVICE!
======> I am long COOP, FNMA, FMCC, NRZ
======> #ShareholderRightsMatter

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