Replies to post #422698 on Mr Cooper Group Inc fka COOP

[BBANBOB]

This issue has been brought up many times in the past,and this does NOT in the least , shock me..............
Pretty hard to CONvince me that they didn't own much of what they had as far as branches , ESPECIALLY WAMU(WMI) CORPORATE HQ

A corp of this age and size didn't get that big LEASING ALL that is for sure.............RENT DON"T MAKE ""CENTS"""

[elephantstomp]

*From a source I'm sworn not to divulge.

I accept & respect your right to keep your sources private. Though I wonder how you rate your source's connectedness to the company. On a scale of 1 to 5, with Bugs Bunny being 1 and a random omnipresent being being 5, how would you rate your source?

[thenurseisback]

Is this the same source that said we'd have LTI's in April
The same source that said 2 x value plus for commons $12+
The same source that says they'd be a merger
That said we'd be up listed
The same source that says we know have to wait until Delaware?

BTW: We're now in Delaware do they need another 6 years to get this finished???

This is probably the most inept and disrespectful to common sharehders BOD in the history of public companies..

Except for all the geniuses here who maintain they bought millions of shares at 40 cents!!

Too bad it's looking like bitter dissapointment when reality hits home compared to heightened expectations from certain posters promising billions!!

The same question remains?
Billions from where? From who? Where are they? Prove they are coming to us?
You can't....

[boarddork]

I believe it 2000%. Just like McDonalds owns and holds most of their real estate. That franchise is more about real estate than food. Why would WAMU rent 1000's of land parcels and build bank improvements on them that they'd eventually lose to increasing rents?

A $300B WMI doesn't need to rent. WMI owned the land and building to its downtown Seattle high-rise. WMI owned the land and building to its corporate retreat Cedar Brook lodge. And that's just their 'personal' portfolio.......($240B in mortgages held in portfolio WMI 2008 10-k)

[hotmeat]

This exact scenario seems oddly familiar.......K-MART you say???

[dmceng]

The Yogi,

And of course the proof of ownership of the land is at township or county Registar of Deeds, after all.

Take Care
David