Replies to post #512616 on Mr Cooper Group Inc (COOP)

[goodietime]

https://www.sec.gov/Archives/edgar/data/1520566/000119312518072479/g492124ex99_1s13g1.jpg

Per this link, it states "54 states and jurisdictions need to be provided notice, or approve this change in control."

What is NSM already doing, that WMIH needs to be allowed to do?

Is this a mere formality?, or what is WMIH currently lacking?

[clawmann]

In WMIH's 10-k, under risk factors, it explicitly states:

"In particular, completion of the Nationstar Transaction is conditioned upon the expiration or early termination of the waiting periods relating to the Merger under the HSR Act and obtaining the required governmental authorizations, including the requisite approval from the various federal and state agencies regulating the mortgage industry, having been obtained and being in full force and effect."

So no one, no one, knows when the merger will be finalized. The HSR waiting period is only 30 days. But the deal also has to be approved by shareholders and there are a lot of governmental authorizations/approvals that need to be obtained.

So my guess - which is all anyone can provide at this time - is the July-September time frame.