Mr Cooper Group Inc (COOP)

[boarddork]

I get that.....But look a bit deeper....WMIH/COOP as an SPAC for KKR, WMIH/COOP claims interests in VIEs which are liability sheltered income earning vehicles to protect WMIH/COOP, by which that company can still use it as collateral to raise bonds or even as guarantees for future merger acquisitions.

sound familiar? How did WMIH qualify for loans to buy Nationstar? I think COOP/KKR is playing fast and loose (one more time to come) with the situation our legacy assets have been sheltered within. Time must be running out, hence the 8-k. Maybe these WMIH/COOP VIEs are going to be collateral for one last big KKR masterminded Merger/Acquistion by COOP within the next 60 days?

In a way, they are admitting some proof of life in these VIEs we knew had to always be there. Its just they aren't done using them yet.

Couple that with 382 ownership limitations (so the NOLs would no longer be in jeopardy) expiring in August 2021? I think another M/A is coming this spring