Mr Cooper Group Inc (COOP)

[Yanik]

Blackstone is a top notch organization. Very happy with this choice. They know how to make good deals. I like the part in the pr about:

"evaluating acquisition opportunities involving strong management teams across a broad-segment of the marketplace, including opportunities in the financial services sector."

It might just be a wild guess, but I seriously doubt we will only be a reinsurance company down the road. Financial services is a broad sector where I can see some interesting deals being made. just my opinion.

I feel positive in general. It feels good to have disclosure from the new company. Hopefully some deals have already been in the works and management is just waiting to disclose them when finalized.

heck at least now the naysayers cannot say they company is not doing anything. it clearly states that wmih intends on putting its cash and credit line to use with the advisement of some very good industry heavyweights.

Just my opinion of course. I would like to hear other peoples thoughts. now all we can do is speculate in what direction they intend on putting the capital to work in order to start to utilize the nols against gains.

Thoughts?