Mr Cooper Group Inc (COOP)

[JusticeWillWin]

I cannot find any documents showing that WMIIC or "WMI Investment Corp." was guarantor for this $2.75 billion (not $2.5 billion) bridge loan. But WMIIC was definitely a guarantor for this initial $75 million (which is far less of course) loan after exiting Ch11. This was terminated later, and here you can see that WMIH was the borrower, and WMIIC the guarantor

https://www.sec.gov/Archives/edgar/data/933136/000119312515001790/d845621dex103.htm

I would like to see any documents showing that WMIIC was also guarantor for the $2.75 billion bridge loan...

EDIT: Found this sentence for the bridge loan

https://www.sec.gov/Archives/edgar/data/933136/000119312518045940/d539539dex105.htm

All obligations of the Borrower (the “Obligations”) under the Bridge Facility (the “Bridge Obligations”) will be unconditionally guaranteed jointly and severally on an equal priority senior unsecured basis (the “Guarantees”) by WMIH and each existing and subsequently acquired or organized direct or indirect wholly-owned U.S. restricted subsidiary of WMIH

Of course this includes WMIIC, and all other previously owned subsidiaries (by WMIH), as well as all newly acquired subs like Nationstar itself (which had 14 or 16 billion in assets at that time (of course also liabilities) if I remember correctly).
But it does not mention WMIIC explicitly...

Your post:

The timeframe if anything is to happen is totally out of anyone's hands so whomever wants to believe in date predictions that's on them.

As far as the info presented I have one major caveat, IF what was posted about the KKR Private Offering docs is true, then yes I am willing to give Z the benefit of the doubt.

What also gave me food for thought was the reminder that the supposedly ""asset-less"" WMIIC was the GUARANTOR of the ?$2.5B? loan to WMIH.

That always puzzled me since a GUARANTOR needs to essentially own substantial assets to be able to assume the payments in case the borrower, WMIH, defaults.

Not 100% sold but rather watching very closely.

Also a huge day on the AG battlefront....hopefully this sham is finally put to rest once and for all!!!