Replies to post #653697 on Mr Cooper Group Inc fka COOP

[Boris the Spider]

She worked for JPM. Resume proof.

Then as soon as that employment was revealed, JPM was quickly deleted from said resume. Busted!

My opinion is she has connections there and delayed this, not at their request, but to gain favor so she might be offered a lucrative job there when this was all over....like Holder did.

Makes sense to me.

[wcheng]

You don't mean another 2 years right? Just hoping there will be no more delays..

[Nightdaytrader]

...and how do we know that all the current “saber rattling” isn’t meant to do the same thing? Hire a “famous” lawyer, that brings everything to a halt, and then even more delays...

Just wondering out loud..

Nd9

[Mutz]

I’ve always thought the same thing LP.

[stevo321]

She was also against forming the Equity Comity.

[Tdeank1]

God the conspiracy theories....she did this to try and make money on attorney fees...she knew nothing was coming back...no one even knows or cares about WAMU saga anymore except for a few message board posters who can't let go

[PickStocks]

The appeals were not delaying the process but an excuse to close the bk. The bk could have and should have closed in 2018. Long before Angry Goddess ever got involved. The only way it would delayed even more was if she won her appeal and the bk was reopened. Never was going to happen.

Now the bk is closed and so is the LTI....
The one trust outside of bk and wmih-coop hands is the capital trust.

What follows next is the cash catch-up and start of the distributions until 2041. Another quarter has passed.....taxes have to be paid. After a certain period the irs gets involved.

For p’s sub, coop, board, kkr, lead arrangers are blocking this from distributions. Nothing to do with disclosure or Por 7. Which if anyone thinks they are following after the bk is completed. The article VIII, you can already see that means nothing as for the direct cash buyback to kkr for 100+ million.

It is now April let’s see what happens....