Mr Cooper Group Inc (COOP)

[lodas]

once again the end of the year kool aid party begins to get the "expectants" neuralized for 2024, in spite of what the official documents stipulate.... so far, no one has a concise reason why they will get paid, they just believe it, so, it must be so, by common sense reasoning...this is what the actual documents say:

classes 19, and 22 are "Impaired" from future recovery.....Wmih upon exit from chapter 11 was worth 76.1 million dollars if sold........WMI liquidated 7 Re Insurance Trust, and placed the money in WMIL-T for disbursement to creditors.......WMIH held 34 million in Trust by WMMRC.......WMI states that they are aware that certain posters on message boards were exploiting the idea that money was coming back to shareholders.......75/25% was for disbursement of new shares in the new company only, and has nothing to do with assets of WMIH....JPM paid 1.88 billion for WAMU banks and related assets, and was awarded 600 million by the GSA for soured MBS Putbacks.......common and preferred shares were cancelled, extinguished, and all obligations to the prospectus is null and void.... release signatures were obtained, and signed by those willing to release their previous values in WAMU, in return for shares in the new company only, nothing more... Rosen said WMI held no Safe Harbor assets and that they were all sold off... now, those are statements in official documents regarding your F/R returns.... want to debate some of this issues while you are drinking kool aid, or sipping a Jameson??......Lodas