~ Well, Since You Asked ?, My Thoughts Continue On The "Points of Contention" ~
The "First" already posted of course, is the direct text revolving around the issuing, and management, of a "DTC Issued ESC Cusip" ... the "T" of course standing for the word "TRUST" (Depository Trust Company), flippantly used in the LT's faq page' ... so, where do we go to find the accurate and accountable answer ? ... Plan 7's "Disclosure Statement" ... if anyone is interested read the following text' ...
A "Second" and extremely important point of (symbol COOP) contention, Has Always Been revolved around the "WMIH" Parent Corp., and the Company's "Corporate Structure", with a mere name change to the "Mr Cooper Group" ... and' ... the Predecessor / Successor Accounting placed within the Consolidated Financial Statements' ... WHICH' ... obviously is, and shamefully being continued per yesterdays' 10-K ...
So, Who Is PacU ?, and where do we go to find the accurate answer' ... the Company's ACTUAL Registration ...
"On February 5, 2019, Mr. Cooper Group Inc. filed a Current Report on Form 8-K to report the completion of the acquisition of all of the limited liability units of Pacific Union Financial, LLC, a California limited liability company by Nationstar Mortgage LLC, a Delaware limited liability company and an indirectly held, wholly-owned subsidiary of Mr. Cooper Group. This Current Report on Form 8-K/A amends the Original Report to provide historical financial statements and pro forma financial information of PacU required by Item 9.01 of Form 8-K. This Report presents historical 2018 financial statements for PacU and pro forma information based on 2018 financials. Mr. Cooper Group expects PacU to make a positive contribution to first quarter 2019 Originations segments financial results."
"The following unaudited pro forma condensed combined balance sheet shows the financial condition after giving effect to the acquisition of Pacific Union Financial, LLC ("PacU") by Mr. Cooper Group Inc. ("Mr. Cooper" or the "Company") (the "PacU Acquisition"). It assumes that the PacU Acquisition is accounted for under the acquisition method of accounting, and that the assets and liabilities of PacU will be recorded by Mr. Cooper at their respective estimated fair values as of the date the acquisition was completed. The unaudited pro forma condensed combined balance sheet gives effect to the transaction as if the transaction had occurred on December 31, 2018. The following unaudited pro forma condensed combined statement of operations shows the results of operations, including per share data, after giving effect to the merger of Wand Merger Corporation, a wholly owned subsidiary of WMIH Corp. ("WMIH" which subsequently changed its name to "Mr. Cooper Group Inc." in October 2018) and Nationstar Mortgage Holdings Inc. ("Nationstar") (the "Merger"), and related financing transaction, as well as the PacU Acquisition."
FORMER COMPANY: FORMER CONFORMED NAME: WMIH CORP. DATE OF NAME CHANGE: 20150512
FORMER COMPANY: FORMER CONFORMED NAME: WMI HOLDINGS CORP. DATE OF NAME CHANGE: 20120320
FORMER COMPANY: FORMER CONFORMED NAME: WASHINGTON MUTUAL, INC DATE OF NAME CHANGE: 20061017
This is, ... Predecessor / Successor Accounting' ... continuing to be used'
and importantly;
"On July 31, 2018, Wand Merger Corporation, a wholly-owned subsidiary of WMIH merged with and into Nationstar, with Nationstar continuing as a wholly-owned subsidiary of WMIH (the "Merger")."
So, our Corporate Structure, being 10-K reported is not YET' an accurate depiction of the entire company, or its values' ... the "Asset Values of WMIH (and its Subsidiaries) ... and the "Registrant" still being used is now actually, an indirect sub of ... "WMIH the Parent Corp", ... and was initially a direct sub of NationStar' ...
I'm not sure why this charade is continued as of yesterday's 10-K, only that it is' ... The Company's SEC Filed Registrations tell the accurate information ...
Please let me know if this information was helpful ...