Replies to post #495686 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Quiet Period

https://www.sec.gov/fast-answers/answersquiethtm.html

I think Wamu 1031 Exchange is the key mechanism here. If safe harbored accrued interests money were not tax deferred, I would imagine either FDIC or JPM would have reported taxes paid on the off balance sheet assets that were reported in previous years. So I think there needs to be some sort of tax deferment mechanism to return tose profits back to escrow. What better way than shares for value exchange with WMIH.

Again, I think the key mechanism here is Wamu 1031 Exchange. Fortunately, we do not have much longer to wait to find out as it is due to close down by end of this year.

My most logical hypotheses right now is that the merger has been approved and we are simply in a SEC mandated quiet period. I think if we do not see an 8k disclosure by end of Monday of NASDAQ delisting notice, I think it is safe to assume that we are in a quiet period.