Mr Cooper Group Inc (COOP)

[Royal Dude]

This will be an ongoing process and will take a while so bear with me
Bucket 1
First Republic Bank as stated in release
Washington Mutual Bank look alike???
Asset = Liabilities + RE/OE
$207.8B = 142B + 65B
This is simple enough for me to understand that the 65B is due to the Share Holders
Assets
173 B (Mbs)
4.8 B Tax Benefits
30 B Securities
Total 207.8
Liabilities
Deposits 92. B
FDIC Loan 50 B
RE/OE 65 B
Total 207.8
This is what should be returned in the first Bucket. If you plug this into the formula that was facilitated by Edgar Sargent you will get a better result if not have fun for yourself, I did.
Per POR 7 P's 75%= 48.75 B
Per POR 7 u's 25%= 16.25 B 2+
$48.75 B / 3 Million shares outstanding = aprox $1,846 per P
13.54 B / 1.2B Share outstanding = $13.54 per u
Understand none of this calculation is based official professional in this guess Just me having fun.
Please fell free to improve, I have very thick skin posting on iHub <><
Te second Bucket TBD (15%-30%) of 800 B of remote MBS
https://www.jpmorganchase.com/.../jpmc-acquires...
JPMORGANCHASE.COM
JPMorgan Chase acquires substantial majority of assets and assumes certain liabilities of First Republic Bank