Replies to post #565203 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Johnny, IMO' Per Its Own Recent 10-K' COOP's Truly Nothing Much ~

... Again', In My Opinion, To The Present Tense', COOP' only becomes relevant when one considers that in its present form, COOP is currently a product of the Reorganized Washington Mutual Inc., first into WMI Holdings, then into WMIH, and now into COOP' ...

The Link to the COOP' 10-K
https://www.sec.gov/Archives/edgar/data/933136/000093313619000030/mrcooper1231201810-k.htm

COOP services roughly 500 billion in loans, but roughly half of that is sub-servicing which doesn't get reported' and as stated, COOP can lose that business at the whim of a primary servicer' ... and a large amount are reverse mortgages' ...

"How do you feel about Coop as a stand alone Company? It seems to me that they are not off to a brilliant start considering WMIH bought out coop. They sure must feel that have a humdinger up their sleeve and are playing their newly acquired share holders like punks. Thanks kindly for sharing.
Regards"

... So, It Is In My Opinion, that COOP' is a tool that the reorganized WMI needed' ... that WMI Senior Debt', was just completed on 02/25/2019' ... However, when those ABS-Cert Performing Trusts begin to release now that the WMI Senior Debt (Tranche 4) has been completed, ... ~ COOP Will "Tell" Us ~

ADDED: I liked your ... bucket and water' description' ... I like things that make sense'

Thanks'

AZ