Replies to post #546330 on Mr Cooper Group Inc (COOP)

[MaPi]

AZCowboy, I am a German shareholder and have read, translated and analysed all your posts. It's not easy to understand your writing style here at iHub, but over time I've been able to understand your research better and better and I'm amazed at such great competence.
And today I want to thank you for sharing all this with the community.

For this a big praise to you... many people are very grateful to you for your work!

Best regards from Germany!

[hotmeat]

When do the NOLS disappear and name one Trust, just one, that was "class segregated" to Preferred's or Commons??? Less exalting of one's self but rather more facts are required.

NOTE: Only the Trust Preferred Securities (TPS) were supported by actual Trust assets, but those were stripped upon the "Exchange Event" and went to JPM. This occurred because according to the TPS docs and OTS rules those assets were deemed to be "core capital" to the bank, WMB. The investors securities were then converted into WMI Preferred stock, now known as REITS...100% FACT!

[ItsMyOption]

AZ, my take on employee claim and COOP 3rd quarter are:

- the order for employee claim is standing in abeyance and most likely the cash reserved for claim can not be released until order is signed. I hated to hear the judge MW tell the attorney to take as much time as you need.

- Looks like COOP used some of the NOL’s in quarter returns.

- with employee claim and any orders which appear to be held in abeyance most likely it may stop or delay any special payout from WMI LT.

- IMO, no Estate trust assets have been turned over to COOP in the 3rd. Quarter. it should all come together in this 4th quarter but IMO needs to all be complete before end of year.

For sure our great judge, FDIC, WMI LT, JPMC needs to get this moving ASAP!