Replies to post #610378 on Mr Cooper Group Inc (COOP)

[footballref-8541]

If this happens it would not be reported on this upcoming quarterly report. They could keep it quiet and dilute shares till June I believe. Now this might warrant an 8k, but I don’t believe the whole story and process will come out upfront.

[diamondguru-one]

at what ratio is the BIG QUESTION ???

1 for 1

or

1 for ever 50 ?????

[LuckyPanda]

Boris, POA has not "moved up" from Sep to Feb. I believe the POA for JPM is still set to expire Sep 2020. The POA for Wells Fargo was simply extended to expire Feb 2020 last Feb...but they have been doing this 1 year extension at a time every year for Wells for the past few years.

However, if they do not extend the Wells Fargo POA this month, then I believe it bodes well for us....this is finally coming to a close.

[Nightdaytrader]

Until you know how many shares are exchanged for “what value of assets,” it is not ridiculous.

[Dmceng4]

Boris,

When is the COOP earnings report?

Thanks