Mr Cooper Group Inc (COOP)

[Boris the Spider]

Steadfast AZ, bop, sunshine, dmdmd, et.al are still all very confident.

Sunshine has had some very well designed posts online that may be something worth considering.

And if we dont get escrow money at least those guys are helping to keep our sanity with hope.

Is there justice anymore in this country?

Quote from: sunshine on Today at 12:37:20 PM
So why PIPE?
As we now all know it is a PRIVATE OFFERING made to a specific group of "accredited" investors, like private equity funds, financial institutions and I include DST, the WMI Liquidating Trust, as well.
And why COOP?
- Came from the same family tree - WMI, INC.
- COOP has the "goods" to exchange for WaMu's monetized assets, specifically 9.4 millions shares of preferred equities that can be subdivided into various flavors to fit the needs.
- The transaction is MUTUALLY beneficial in the following:
(1) We, the beneficiaries to the WaMu monetized assets GET to receive our FINAL DISTRIBUTION in the most tax efficient manner (I.e. Cash & In-kind Distribution which ALLOWS us the TIME & PACE to dispose of our "in-kind" distribution part for tax management and need purpose).
(2) COOP then GET a CAPTIVE opportunity to raise a "HUGE" amount of capital ( be it $ 10 B or $ 600 B , really doesn't matter).
My point: We have been "PATIENT" ( not by choice of course) up to now and I don't see it to DRAG on too much longer. Remember, the LONGER it takes, the BIGGER the $Recovery