Replies to post #612007 on Mr Cooper Group Inc (COOP)

[Royal Dude]

S/V here we come through the DTC sounds like a deal

[Boris the Spider]

tanja, yes they were right in a sense, but....

It was the way they stated it that is troubling. Of course they spoke within the confines of the LT and related bk which was their purview, but their statements made it sound broad based, and that was wrong of them.

[wcheng]

When could WMI reappear from the shadows and take over COOP? sometime this year?

[FranklinC]

no 75/25 to the end?

the "special dividend" will be allocated on the basis of the type of ownership you had before reorganization.

[ron_66271]

More Than $25 Billion is Unaccounted For.

WMI Pre BK = $375B min.

WMB = $307B; from FDIC and WMI valuations. Liquidated by FDIC. $299B for "WMB and its assets" after $7.9B paid back to WMI from the $3.9B Turn-over Event and the $4b Exchange Event.

WMI claimed BK assets; $33B - $8B = ~$25B. Liquidated by WMI as 363 Sale in BK.

$375 - $307 - $33B - $8B = $27B minimum.

The last unevaluated assets are WMIIC and the non-debtor Subs of Citation and H. S. Home Loan.


Reverse Triple Backflip Merger.