Mr Cooper Group Inc fka COOP

[JusticeWillWin]

AZ, you said "WMIH's need to acquire a servicing mechanism". How do you explain that WMIH searched a company to acquire "over a broad variety of industries" if I remember the wording correctly.

See here, table on page 3: https://www.sec.gov/Archives/edgar/data/933136/000119312517365615/d504414dex992.htm

Potential targets:

Fleet Management, Consumer Lending, Non-Auto Floorplanning, Mortgage Insurance, Non-prime Credit Card Lending, Auto Finance / Dealerships, Homeowners Insurance

And https://www.sec.gov/Archives/edgar/data/933136/000156459016014568/R7.htm

We are actively seeking acquisition opportunities across a broad array of industries with a specific focus in 2015 in the financial services industry, including targets with consumer finance, specialty finance, leasing and insurance operations.

And here on Bill's page: https://m3-partners.com/senior-team/william-gallagher/

Bill’s responsibilities included reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups. Ultimately, WMIH acquired Nationstar Mortgage Holdings (NYSE symbol NSM) to form Mr. Cooper Group (NASDAQ:COOP). Bill departed from WMIH upon the closing of the acquisition of Nationstar as his job at WMIH was completed.

It does not match your assertion that they needed a "servicing mechanism". They only needed a company they could pay for and that generates enough profit to utilize their massive 5.9 billion NOLs they initially had. Ending up in buying Nationstar was only one of many other possible opportunities...

Your post:

~ First From 50 Cents to the $3.70's ? ... and then ... From $5.00 to $45.00 plus ? ... WMIH as "COOP" LOL' ~

simply follow what the WMIH CEO', Gallagher and KKR "CHOSE" to do and WHY' ... back in early' 2018 ... regarding WMIH' ... and its need to acquire a "servicing mechanism." ... which obviously ended up being NationStar and its subs' ... in July of 2018' ...

~ Profit ? Is Not A Dirty Word ~ ... debating louoddassss, and company won't make anyone a dime' ... duh'

COOP', was the tell' ... those big positive profit rides ?, are a thing of the past' ... TWO distinct opportunity's ...

Now ?, it's all about who were the original owners' ... :) ... of WMIH' (the reorganized WMI) ... and what asset values were privately shown to the Lead Arrangers and Their Affiliates, ... That Convinced Them' To Buy Into WMIH' ...? ... I think I know ... LOL' ) ...thanks for the profits taken)

just sayin' :)

AZ