Mr Cooper Group Inc fka COOP

[OrderofMagellan]

RE: COOP shares adjustment and other returns

I don't post often on this board, but based on the responses posted by AZCOWBOY (which are included in snippets below from his last couple of posts), I think he explained it pretty well. To wit:

~ Remember, The COOP Share Platform Re-Set back to 2018's 100 million shares will be FIRST to make everything initially "Fair and Equitable" ~

***** snippet 1:
... So, the COOP' as of 08/03/2024 Buy Back of COOP's now roughly 36,000,000 shares' ... divided by roughly 620,000,000 million Actual 2012's Released and "REGISTERED" wamuq' WMI common shares, produces an approximate multiplier of .058 ... So, for every wamuq common share Released in 2012', multiply that amount by .058 to get an approximate amount of "COOP" shares to be received by an Original 2012' Plan 7 Releasing Common Share Owner, when "COOP" ReSet's ...
*****

So basically he is saying you take your 10,000 share example (i.e. the original shares you released back in the day) and multiply that by .058. So that gives you 580 new COOP shares in your account. This probably coming via Computershare.

***** Snippets 2 & 3
~ Remember, The COOP Share Platform Re-Set back to 2018's 100 million shares will be FIRST to make everything initially "Fair and Equitable" ~
then, the interest earnings from the "9" can begin coming back'

AND

~ COOP's Shares' and then the beginning of the financial returns accordingly, ... will be based upon Your "Cusip" specific amount of WMI ownership submitted in your 2012' Release Submitted' ... You only qualified for "3" 0f the actual "9"... whether, common share ownership' or bond participation ~
*****

Basically seems to say that interest returns from the "9" will begin flowing to you based on your Originally released CUSIP amounts - i.e. your 10,000 example. So you would be getting interest or other returns from the "9" based on your originally released 10,000 shares (not the 580 COOP shares). These returns are outside of the COOP stuff (so my guess they come from the DTCC into your account as interest or dividends).

That's my take on it anyway. If I am incorrect in these assumptions, please feel free to correct me.