Replies to post #657319 on Mr Cooper Group Inc fka COOP

[User-793611]

Well, but here in the forum, do not sell the skin of the bear before killing it, just a way of saying.
Of course I also expect my values after 13 long years.
But I repeat, to be euphoric now is not the right mother.
We are cautious and they, the vorstand of the Coop will try to put sticks between our legs, they are washed with all the waters.
BUT I TOO AM OF GREAT EXPECTATION

[xoom]

AZ, this is the kicker. Thank you for the constant reminders !!! Ready for “new shares” for escrow holders.

When The Parent' Company ("WMIH") Began Using an Acquired', Subsidiary Groups "Registrant", NationStar Mortgage LLC', as the SEC Reporting Operational Sub, "ONLY", and was SEC Guideline Allowed to use "Common Sharing" associated with the Predecessor / Successor Financial Reporting, ... The Outstanding "Float" Also Needed To Be "Specific" To The SEC Reported "Registrant" ~

[novascotiaSTS]

WMIH is of course not the parent of COOP, WMIH is simply the former name of COOP.

Direct quote from the Annual Report 2019, it could not be more clearly explained:

Mr. Cooper, which was previously known as WMIH Corp. (“WMIH”), is a corporation duly organized and existing under the laws of the State of Delaware since May 11, 2015. On July 31, 2018, Wand Merger Corporation, a wholly-owned subsidiary of WMIH (“Merger Sub”), merged with and into Nationstar Mortgage Holdings Inc. (“Nationstar”), with Nationstar continuing as a wholly-owned subsidiary of WMIH (the “Merger”). Prior to the Merger, WMIH had limited operations other than its reinsurance business that operated in runoff mode and focused on identifying and consummating an accretive acquisition transaction across a broad array of industries, with a primary focus on the financial institutions sector. As a result of the Merger, shares of Nationstar common stock were delisted from the New York Stock Exchange. Following the Merger closing, the combined company traded on NASDAQ under the ticker symbol “WMIH” until October 10, 2018, when WMIH changed its name to “Mr. Cooper Group Inc.” and its ticker symbol to “COOP.”

[PickStocks]

This is normal practice, the filed under a registrant so they can delay the process of distributions until they have completed the gifting, selling buyback and profiting. The sec does allow for the creative accounting. The bk is complete, the p’s are tied to a sub along with coop under the umbrella of wmih. It is great that the numbers start floating around again....yet no one knows if they are real or not. Still fact is, there are also two issues for equity. The capital trust and managed sub for p’s.

Again bk is closed, lt is done and gone. What AZ does not say is who is following the P’s to be distributed or the Por 7. Lead arrangers who are people picked by coop at random. June date move the field goals again because nothing will happen.
The only thing we know is

Bk closed 12.2019
LT is done and out 3/2021
Ownership change complete 2/2021
New one 8/2021 maybe. Catch has to happen, maybe.

The numbers can be whatever they maybe, but for now they are zero and that does not make it fine!