Mr Cooper Group Inc (COOP)

[Large Green]

Ron, for years now COOP CEO, Jay Bray has kept saying he will monetize XOME which never happens since COOP supposedly owns XOME. XOME is supposedly very valuable to the tune of between 800M and 2B. The minimum value of XOME is not included in COOP's valuation as the minimum of 800M with COOP's 67M outstanding shares or so would be valued immensely more, especially if you were to add any kind of multiple of the 800M plus value.

So, the question is, do you believe that Wall Street would continually miss this kind of value on COOP shares? The answer in my view is a HUGE NO!

I believe that COOP does NOT have total say-so over the sale, monetization of XOME or else XOME would be correctly valued into COOP's equity price and in my view is not even reasonably close to what it would be if XOME value were correctly valued into COOP.

Who backed COOP when it raised 600M with no income stream, supposedly NO assets? Why would anyone back WMIH's purchase of NSM with no income stream, no assets only 600M of somehow borrowed money that must be paid back.

Since all of this happened, there must be more to XOME than meets the eye, I believe the ownership of XOME is potentially tied up in a DST possibly owned by those investors who signed timely releases or there is another enitity, party or source that has ultimate decision making over XOME and I believe that to possibly be WMI or another entity that does not and will NOT allow COOP to sell or monetize XOME at this time.


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