Replies to post #609106 on Mr Cooper Group Inc (COOP)

[DocKB]

So can the "this is not the final payment" statement refer to the fractional shares/cash that has not made it into accounts?

[cents2ks]

This is very interesting. Thank for sharing your outstanding due diligence.

[BBANBOB]

STOCKS

HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

Thank you very much!!!!!!!!!!!! VERY MUCH.

This very well could be our S4V for the servicing rights and WHY HE SAID CERTAIN SHAREHOLDERS and NOT ALL COOP shareholders

[wamuqsi]

Great, I hope the next payment either by coop shares or cash is much bigger than last time. Thanks

[Muff77]

Stockssss,

I very appreciate Your work and sharing with this MB of the result of that issue ! Thank You, Great,
Muff

Yesterday I took some time to contact the head of trading department at E*TRADE to clarify and confirm a couple facts.

1. To triple check that the Alert stating “this is not the final payment” was not a mistake.
2. That the statement in the alert “This is not the final payment” was forward looking.
3. Confirm the date of the Alert and who originated it. .....

[MadBadger]

Stockssss, thank you for taking the initiative and time to call and finding out, what is for sure valuable information. Not to mention, sharing it in such details that I even enjoyed the music while we were on “Hold.” Lol
A jokes aside, THANK YOU!

[intuitive3]

Stocksss, much thanks!

[xoom]

Excellent work Stockssss. Thank you.
So if the delivery is in COOP shares, it should be in a ratio proportional to one of our existing holdings. I have seen the ratio 1:10 or 1:20 being thrown around. Heck maybe 1:1. Some good news please. :-)

[cura asada]

IMO, the none BK payment of the Wand Merger purchase is still pending

[stoxjock]

Thanks Very Much for all your DD and follow-up with ComputerShares and sharing the Information with us. GLTU!!!

[hotmeat]

Finally some actual DD as opposed to the usual breathless spouting of non-factual info. Hope this turns out to be true but will remain cautious until something actually happens. Thanks for your endeavor irrespective of the outcome!!!!

[newflow]

Stockssss...Thank you.Read this from your post.

"TA: Response: Sir, yes we sent the Alert to the brokers as part of the final Litigation Trust payment. This “Alert” was directed by Mr. Cooper. Also, I can confirm shares are being processed. I cannot give you a date, but they are being processed for distribution to certain shareholders.
"

Its "Litigation Trust payment" ie....

For LITIGATION PROCEEDS and LTIs(for equity classes) REORGANIZED WMI IS THE DISBURSING AGENT FOR THESE TWO ITEMS.

[jhdf51]

Share are in transit... hmmm

[Large Green]

Stockssss, great information and thank you for sharing. No doubt, COOP share price has been diluted by 50% due to the market knowing about fifty million shares are to be issued and the market assumes no value but once announced, the market will reprice COOP to its correct value once the filing hits the market.

More than likely this will be COOP purchasing Servicing Rights from the former WaMu Estate now owned by investors who signed timely releases by 3/2012.

[stoxjock]

Great News! Thank You Very Much for Sharing what you Found, Definitely Keeps our Hopes Alive!, GLTU !!!

[xoom]

Bumping this Stocksss thread/conversation (E*TRADE and Computer Share Agent conversation) January 2020.
Last few lines aligns with what Yoda said and what Bop had in her filing to the court.
COOP shares and AZ’s COOP is the tell

FWIW
JMHO

Please note I was not able to get clarification on payment dates however, I was able to confirm the "Alert" stating "This is not the final payment" was given on January 10, 2020 to the brokerage firms by the Transfer Agent, Computer share at the direction of Mr.Cooper Group.

I was also able to confirm that the Final LTI payment was indeed done.

This is significant because it confirms Mr. Cooper is the one paying us in the future.

It also confirms there is another payment

[2221]

Even if that's true it does not tell me how much coming back it could be just Few cents. even bk shadow predict there is something like 0.07cent coming back.....