Replies to post #507697 on Mr Cooper Group Inc (COOP)

[2221]

but is very important to know is it 5 to 15 month or 5 to 15 years isn't?

[BBANBOB]

Fair assessment too IMHO like I've said

"""POSSESSION IS 9/10ths of the law""" or at least it is viewed by those that hold possession, and ya have to rip it back out of their hands, I'll hope that A JUDGE DOES!!!!!!!!!!!!!!!!!!!!!!!!

Remember MOST of the hedgies here DO NOT HOLD ESCROWS , only a very few say 6 ish, so the OTHERS are here and STILL here for a reason and KKR took a 3rd bite of the funding apple for a reason as well........

SOMETHING is coming back to WMIH! Share for value swap or somehow
They would all also be part of any TENDER OFFER put forth, BUTTTTTTT only for their ownership in WMIH shares , NOT in last link in the title chain , ESCROW MARKERS!!!!!


But I would imagine they'd be wanting their money as well

[goodietime]

"Those that hold them are in a position to benefit from them because their profits of using the wealth will be greater than the interest they will be charged once the relinquish those assets. For that reason alone, it pays to delay."

Any clues on who holds them? If most are now cash, as some believe, how can they be used? As collateral?

Don't the BIG holders of escrows have the influence to speed this along? Or, are they the ones using 'our profits'?

[dmceng]

SP

Thank you for your opinion.It is not without merit.One thing we know for sure is that the Judge Mary W's court has very little to do with justice and everything to do with corruption, a sad commentary on the legal system in general.

[sharing4u]

SamuraiProgrammer,

I think you are making a very good guess, especially on this:

"I personally suspect the bulk of the money that has been spent by the LT has been for forensic accounting in an attempt to identify, locate, and plan to obtain these assets."

Let me chip in my response here:
1. A&M is still working very hard charging $420k for Sept, Oct and Nov 2017. Assuming if it will go down to $2xxk-300k for Dec 2017, Jan & Feb 2018 on the next filing, it means that A&M's job is closing to an end.
Of course, I do not expect that to be under $1xxk, otherwise it will be very good news to escrow marker holders.

2. The whole saga stall is due to the giant assets to be digged out by A&M.
If you believe that the former WMI entitles to the beneficiary income of the SPE Trusts, it will be complicated and very time demanding.

3. The scheduling and rescheduling of employee claim more than a year later to Feb 2019 is being a stall tactic. This is deemed as weird and unreasonable.

4. Let me take the courage to make a WAG relating to A&M quarterly fees:
from $8xxk to $7xxk to $6xxk and then $420k ..... it may take another 6 months from Feb to get the job done. So end of Aug 2018 could be a good time.

5. And it will take another 3 months to wrap up the ends: Nov 2018 could be fire work seasons. Hopefully it will be shortened by Aug or even by the 10th bk anniversary 9-26-2018.

Let us squeeze out our last ounce of patience.