Replies to post #520418 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

Thanks! The biggest "coup" IMO would be if KKR buys Fortress from Softbank just before the WMIH <--> NSM merger closes (or shortly thereafter). Softbank paid $3.3B for Fortress (with cash) in Dec. 2017.

So then there would be no doubts if Fortress OR KKR will be the biggest holder of WMIH ;-)

Absolutely feasible for KKR in my opinion if they really want to increase their ownership in WMIH up to (the allowed) 42.5%. And IMO they would avoid the problem of "just NOL shopping".

JusticeWillWin: Great analysis! I believe KKR will end up with majority but nevertheless KKR-Fortress (Softbank) will be leading this company forward.

Right now its the State Government approvals that are holding us since NSM Inverstor Relations email confirmed but I am hopeful in June we will get clearance.

Exciting times ahead.

Thanks for your great DD as always!