Replies to post #404745 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

bkshadow, what's your take on this one (and my own following post)?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104593627

TIA

Regarding the P&AA, there is no ambiguity on assets (IMO)

[hotmeat]

Is the corporate structure you are referring to akin to the one in post #404736 by iPrelude? If so I can assure you this is a basic representation, usually used to simplify the presentation of the pre-seizure structure of WMI. I have personally seen many variations of this structure over the past 6 years and I can assure you that this representation is not fully indicative of how WMI was "set-up" in actuality. I will go as far to say it was in some ways just as or even more convoluted than this present case.

The FDIC must first fully unravel this complex "web" of intertwining companies and their vast network of subsidiaries. They must then denote exactly what was "owned" by WMB(assets sold to JPM and those currently in their possession???) and WMI respectively(assets that were under the direct control of the holding company). I can assure you that based on those structures presented, all assets were "NOT" under the direct control or the purview of WMB!!! It is then and ONLY then when these burning issues are fully resolved will I make a final pronouncement on the fate of my/our much maligned escrow placeholders.
Until then I will continue monitor the progress or lack thereof with regard to my shares in WMIH.

[Altini2]

"hotmeat, until closed it is open...

...that is always true. The bankruptcy is literally at the postmortem though the Liquidating Trust winding down the claims, tax refunds and settling the PIERS then, if possible, addressing lower tranches."

Thats true also that there are just to much money over there disburssed into the WMILT and the 2.85B$ distribution from the GSA together with the 4B$ of the WMB Acount add here the 0.9B$ of the WMI.Inc worth of Assets make us 10000% to receive a big amount of Dollars into the Escrow acounts which pitty enough you dont hold.

Ps Here I didnt add that from the Dollars already paid for the debtors and left into the WMILT around 496M$+200M$ have already been deposited into a WF Acount together with the whats left of the IRS already disbursed 2B$.

So does anyone know why there is such a lousy share price with such a huge ups and downs in buy and sell orders irregardless of the Volume?