Replies to post #623566 on Mr Cooper Group Inc fka COOP

[iPrelude]

LuckyPanda,

thanks so much for your answer, I really appreciate it

Didnt someone on this board ask Jay last year about Coop servicing legacy WMI loans and him denying it?

I dont know, I haven't followed the case that closely ...

Didnt he openly deny that Coop wasnt servicing or holding any of WMI loans?

I dont know, I haven't followed the case that closely, if he did maybe he was right and this 10Q mention is not about WMI loans, maybe there were WMI loans but he could "legally deny" it due to the fact that the chapter 11 was still open ...

Isnt it suspicious that this little disclosure just showed up after bk closed out last quarter?

Absolutely, I agree 100%

Can we sue Jay for lying to us last year?

Maybe he didn't lie, maybe there were WMI loans but he could "legally deny" it .... maybe there were not WMI loans ...


In any case I believe we deserve a bigger and clearer answer about this to begin with


Let's try to positively look and ACT into the future, IMHO

[mordicai]

I think this relates to how the loans of bankrupt individuals were handled/serviced by Nationstar while those individuals were under bankruptcy protection. If it had anything to do with the WMI bankruptcy, it would have been resolved before that bankruptcy closed before Walrath not the U.S. Trustee.

[ItsMyOption]

When the last I/R manager was there I had lots of conversation with him. I provided a link that showed all these WMI trust with coding Ao1 or other. There were many and and asked him if he could find out from Jay who was getting payment for those and if WMIH or WMII was one of them.

No response but found out He was let go. I asked the new IR manager same question and he never responds. I also found that link I had does not work anymore.

[Split T]

Lucky Panda, Mr. Cooper Group's CEO, Jay Bray Jay probably wasn't lying, just not revealing actual WMI subs that hold the beneficial interests of WMI.
Believe me, Charles Edward Smith didn't get a $2,400,000 Cash Bonus from WMIH for nothing. He and Doreen Logan know where every asset is as they placed them under various DST early on. This has been a shell game since 2006 when assets were moved and Reincorporated in Delaware. Since 2012 Smith has been disguising our Legacy assets, hence his $2,400,000 cash bonus and him wiping his trail..or so he thinks. Micheal Lance Willingham and Charles Edward Smith only think they are free as birds from their deception....KARMA

Didnt someone on this board ask Jay last year about Coop servicing legacy WMI loans and him denying it? Didnt he openly deny that Coop wasnt servicing or holding any of WMI loans?

Isnt it suspicious that this little disclosure just showed up after bk closed out last quarter?

Can we sue Jay for lying to us last year?