Mr Cooper Group Inc fka COOP

[Rumble]

The MOR shows only the cash and bank accounts of WMI and WMI Investments. Right now they are waging a legal battle, and of course the cash balances are being spent down. They still hold plenty of cash for the intermediate term, and are lining up assets to emerge from bankruptcy.

Part of the statement in the MOR, is that it shouldn't be relied on for investment purposes. It is not a complete financial statement, only what is required of bankruptcy law while they are in chapter 11 filing.

Have patience, the whole picture will come clear in the near future. I have hope by the end of the year, or early next year.