Replies to post #486862 on Mr Cooper Group Inc (COOP)

[Large Green]

Great summary AZC and glad to see you here posting regularly. You have a large and respected following here and rightfully so.

I think we are almost ready to see "the Beginning of the end" start. No doubt there are many actions we have to see and WMIH cannot wait much longer before they show their hand on the 600 million dollar funding for this WMIH-Corp publicly traded company.

Obviously, they have to announce a replacement funding, some sort of legal extension, shutting down WMIH-Corp or what we have all been waiting for and that is the 8K showing us the way forward.

I expect the 8K showing us the way forward literally any hour between now and Halloween 2017 because WMIH has to show their hand on the funding in my view no later than the end of October 2017.

[goodietime]

AZ,
"That the Class 17 WMB Noteholders, ... (yeppers, those are the same ones that were integral in the Globic' Settlement) ... had their releases brought forward from Plan 6 and ... "will have deemed to release upon receipt of their distribution" ... so, ... Nope' Class 17 hasn't released the FDIC quite yet' ... (I own class 17's so I can verify that as of today') ...'

At what point would you expect this to be taken care of?

[seamus3500]

Thanks AZ,

in your post you say that jpm cant get their 645 yet until the paa is dont, but they are required to get the money within 10 days.

you think the paa will be done by then? they would need to do that VERY soon. for how slowly they have been moving would they get this done in time?

tia

[Peyton976]

this seems like a foreign language to me.. I own common stock.. wmih.. Im asking what in your opinion what happens on January 5 2018 to wmih common stock in no merger deal is done... 144 funds im told are in wmih common, why are they in the common? duh I know because they like me think its going up, but what happens to wmih common if no deal is consummated by said date.