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JusticeWillWin

10/01/20 2:08 PM

#634919 RE: clawmann #634901

A minor correction to 6.

Wand Merger, a sub of WMIH, merged with and into Nationstar, with Wand ceasing to exist! (first paragraph of the original PR: https://www.prnewswire.com/news-releases/wmih-corp-and-nationstar-stockholders-approve-merger-300674889.html)

The rest is correct...

Your post:

I read the SEC filings too, as well as the bankruptcy docs.

And all clearly indicate that:

1. Reorganized WMI emerged from bankruptcy with a new name: WMIH Corp.
2. There is no other WMI out there somewhere.
3. WMIH Corp has no parent.
4. Initially, WMIH Corp traded under the symbol "WMIH."
5. WMIH Corp set up a wholly owned subsidiary: "Wand."
6. Nationstar was merged into Wand, the wholly owned sub of WMIH Corp.
7. Nationstar shareholders received shares in WMIH Corp.
8. WMIH Corp's wholly owned sub now owns the business and assets previously owned by Nationstar
9. WMIH Corp changed its name to Mr. Cooper Group and trades under the symbol "COOP". So Mr. Cooper Group is simply the re-named WMIH Corp.

I do not know the reason for building theories on the basis of a fictional alternate reality.


KeyKey

10/01/20 2:59 PM

#634929 RE: clawmann #634901

Wouldn't it be easy to question these statements (from clawmann with the change from JusticeWillWin) to WMILT or Mr.Cooper ? Can't they confirm it ? Is it a secret ? I think this would be the best way for clarifying it. AZCowboy: Is there anything to be said against it ?

1. Reorganized WMI emerged from bankruptcy with a new name: WMIH Corp.
2. There is no other WMI out there somewhere.
3. WMIH Corp has no parent.
4. Initially, WMIH Corp traded under the symbol "WMIH."
5. WMIH Corp set up a wholly owned subsidiary: "Wand."
6. Nationstar was merged into Wand, the wholly owned sub of WMIH Corp.
7. Nationstar shareholders received shares in WMIH Corp.
8. WMIH Corp's wholly owned sub now owns the business and assets previously owned by Nationstar
9. WMIH Corp changed its name to Mr. Cooper Group and trades under the symbol "COOP". So Mr. Cooper Group is simply the re-named WMIH Corp.