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Monday, February 06, 2023 4:01:06 PM
2nd', NationStar and its subs, were acquired by WMIH ... the Mr Cooper Group is a sub of WMIH, ... and WMIH also has a parent' ... who knows who that is ? ... hmmmmm
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Did you get the aforementioned from the following post?
1) Remember, WMI became a (DST) Delaware Statutory Trust during the second week of March 2012 with Kosturos WMI DST Trustee on the (ED) Effective Date of 3/19/2012 with ALL Preferred/Common Prospectuses & associated documents canceled
2) I look for WMI DST which is laying dormant to be merged with COOP on/before 12/31/2023
3) COOP may or may NOT remain a public traded company which MAY be an indication as to why COOP's equity price is kept very low - if a buyout happens they can give COOP a 10 to 20 percent premium from current trading prices which will still be far below what it should be
4) I expect WMI to issue a Private Placement of securities to those investors who signed timely releases by 3/2012 however, ONLY for timely-signed preferred releasors able to participate. as there is a reason the UWs ensured they were in class 19. I believe this is the reason UWs in class 19...so if this comes to pass, timely-signed common releasors will be bought out in total
5) There is something major on the very near horizon that keeps COOP price depressed and this will come to pass at some point before yearend 2023 in my view
6) ONLY time passing and filings will show us the way forward, especially for those investors who signed timely releases by 3/2012
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