Replies to post #573659 on Mr Cooper Group Inc (COOP)

[Countyroads]

I could be wrong but I'm reading that as Nationstar Mortgage, LLC is BOTH a Delaware Limited Liability Corp. AND a wholey owned subsidiary of Mr. Cooper.....again just offering up my opinion as a possibility that is what was meant.

[fredmiller1999]

indirectly

that word in my opinion is You, me and rockie.

you are the indirect owner of Mr.coop

and the direct owner of the assets/escrow

to the interest of the performing trust.

you don't own the cash. because we all own the cash.

but we are NEVER going to see that billions

William K. is not obligated to do so.

we will only see the balance sheet every 3 quarters and its distribution path.

imo jerry knows what I'm talking about.

btw thanks for the link on your previous post...

I can't believe they gave away the beans in that PR

they admitted Mr.coop IS WMMRC a reinsurance company

BETTER SAID.... OUR REINSURANCE COMPANY

IMO we don't own Mr.coop just indirectly own the interest it makes off of the business.

some where in Mr.coop's 10k is a special word that implies us/escrow holders.

I haven't found it. not that interest to look.

good luck to all

last post of day