Replies to post #514182 on Mr Cooper Group Inc (COOP)

[garyhalvo]

That should be the latest.

[UpTickMeA$AP]

Why would one be expected tomorrow?

[jerrylev]

8K or no 8K, yesterday when the market crashed, WMIH held up very well.

Today it is holding up again and so it is moving up on its own merit not due to insider trading or short covering like people theorize.

If you look at what the merger with NSM is about, you will see the future potential.

https://www.sec.gov/Archives/edgar/data/1520566/000119312518072479/d492124dex991.htm

My guess is that KKR will build WMIH/NSM into a huge loan servicing company while KKR will make its own money by selling MBS to investors. This is KKR speciality which is Financial company, to get investment money from investors.

KKR goal is not to take over WMIH/NSM (small potato for them) by diluting its stock and take more ownership but WMIH/KKR will be used as its conduit to sell MBS. KKR can possibly buy our assets and make WMIH/NSM service our assets.

It was written a while ago that WMIH will be KKR Special Purpose Vehicle to acquire other companies that will service KKR investment goals.

https://seekingalpha.com/article/1899381-dissecting-the-washington-mutual-kkr-deal