Mr Cooper Group Inc (COOP)

[AZCowboy]

~ So, A Bit Of "COOP" (WMIH) Considerations Ahead Of The Upcoming Reports ~

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Direct From the WMI Filing For Chapter 11'; (the original claimants')

d. Number of Shares of preferred stock 3,000,500 outstanding

e. Number of shares of common stock 1,704,964,280

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Direct from the WMI BK Remote' WMI Capital Trusts "Trustee";

"Postpetition Interest Claims will continue to accrue until the Effective Date; thereafter any interest accruing will be governed by the Post Effective Date Interest Provisions which only provide for payment of such additional interest after payment in full of all Allowed Claims."


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Direct From the WMI Court Approved' Plan 7';

1.169 "Postpetition Interest Claim: A Claim against any of the Debtors or the Debtors’ estates for interest accrued in respect of an outstanding obligation or liability that is the subject of an Allowed Claim during the period from the Petition Date up to and including the date of final payment in full of such Allowed Claim, calculated at the federal judgment rate of 1.95%, the rate as in effect on the Petition Date, compounded annually, provided that interest shall continue to accrue only on the then outstanding and unpaid obligation or liability, including any postpetition interest compounded thereon, that is the subject of an Allowed Claim."

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The "Closing Date" of the WMI BK Cases Was 12/20/2019, and Yes, the Reorganized WMI, now "WMIH" REMAINS The Current Parent Corp. ...

http://www.kccllc.net/wamu/document/0812229191220000000000001

1. The chapter 11 case of Washington Mutual, Inc., Case No. 08-12229 (MFW), is hereby closed.

2. The chapter 11 case of WMI Investment Corporation, Case No. 08-12228 (MFW), is hereby closed.

12. Notwithstanding anything to the contrary, the terms and conditions of this Final Decree and Order shall be immediately effective and enforceable upon its entry.

... Now, per the companies own text as posted, the Upcoming Earnings will address the accounting, and if one reads very, very, carefully, the context is beginning with year end "as of 12/31/2018", or, the last accounting period, after' the 3rd quarter of 2018' and the acquisition of NationStar, ... and then, through to the "Closing Of The Cases" by the BK Court, as of 12/20/2019 ..

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And Now, ... per the "Lead Arrangers", The "Lead Arrangers" Are NOW In A Position To INCLUDE, "WMIH and its Subsidiaries" Within A Complete Accounting' For Year Ending 2020' ... and the Cap Trusts "TRUSTEE" is NOW' able to release the accrued interest' ...

5. The Lead Arrangers shall have received

(a) a pro forma statement of income of WMIH and its subsidiaries for the most recently completed fiscal year ended at least 90 days before the Closing Date;

(b) a pro forma statement of income of WMIH and its subsidiaries for the latest interim period covered by the financial statements provided pursuant to Section 4(b)(i) above;

(c) a pro forma balance sheet as of the most recently completed fiscal quarter ended at least 45 days before the Closing Date (or 90 days prior to the Closing Date in case such four fiscal quarter period is the end of WMIH’s fiscal year) and

(d) a pro forma consolidated income statement of WMIH and its subsidiaries for the 12-month period ending on the last day of the most recently completed four-fiscal quarter period ended at least 45 days prior to the Closing Date (or 90 days prior to the Closing Date in case such four fiscal quarter period is the end of WMIH’s fiscal year), in each case, prepared after giving effect to the Transactions as if each such transaction had occurred as of such dates (in the case of such balance sheet) or at the beginning of such period (in the case of such income statement), which need not be prepared in compliance with Regulation S-X of the Securities Act of 1933, as amended, or include adjustments for purchase accounting (including adjustments of the type contemplated by Financial Accounting Standards Board Accounting Standards Codification 805, Business Combinations (formerly SFAS 141R)).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158912208

And Again, as I’ve posted,

“We, were all equally given an opportunity to "Participate" in the WMI reorganization, with a submission of ones release' and receipt of ones DTC issued ESC Cusips ... the failed "6" had the IPO's participation’ restricted to the chosen few' ...

... Judge Walrath simply capped the WMI Holding Companies last creditor, the 16’s, and then placed “Everyone” on the exact very same level field of Participation ... all one needed to do ? ... ? ... was actually have ?, or gain' ownership of the equity classes’ and then submit a release form ... in order to “Participate” ...

~ Know What YOU Own ~ NOT what someone else' tells you YOU Own ...

"there's been tooooooooo much total and complete unstudied and unsupported "hogwash" posted regarding the ... pipe dreams, ... the 75/25 ratio of everything, ... the crazy numbers, ... the wrongful considerations of the equity classes owning what the actual company itself owned first' and still does ("WMIH and its Subsidiary's") ... the irrelevant WMI-LT regarding Us' ? ... basically, ALL of the sloppy, sloppy, sloppy, and poorly researched material' (ask "griffin", "LG-DM-Flow-BB-dont_b_kruel" etc., etc., etc.,) ... it is basically an application of taking the time to, ~ Know What "You" Own ~ ... etc., etc. etc. ..."

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It No Longer Matters' Who Gets It' ... "it is what it is"

AZ