Replies to post #661025 on Mr Cooper Group Inc (COOP)

[jhdf51]

Yep...agree

[Large Green]

ND9, I will copy/paste part of YOUR post that sums this all up in a nutshell and TOTALLY negates the poster wwhatthe posts.

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The Underwriters had a claim for $72M... 1% of the preferred's $7B would be $70M.. So the underwriters are soooooo dumb... they only want to get their $72M back, when they could have gone into class 22 with common? No way the Underwriters are that dumb
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After all, the UWs do the exact work of underwriting these type of securities for which they fought AG for over three years for total darkness because there was very little there when they could have simply been placed in class 22 for which Amended POR 7 ACTUALLY ALLOWED but, no they fought successfully to stay in class 19...come on investors...this is COMMON SENSE!

Also, the thought of investors who did not release getting to share in the bonanza does not even rate to make any kind of legal or logical common sense or fact.

[PickStocks]

We really are not sure what the end result will be. However the information is there for interpretation. There was never any money for class 19 & 22 from the LT. Hosen, jpm and fdic-r made sure of that. There was also a settlement for the fdic and jpm.

Could this be the reason that coop has been hiding asset values…..the other is always never saw the numbers some predicted for the p’s but did see a payout…..we are at that point for coop to move forward catch-up has to take place.

Bk, LT and the ownership change are done…what’s next to move forward. Think about this why is all coop common shares….

[Unicorns r Clowns]

Yea saw that one. He was doin pretty good until goin all bat shxt wit that doozy.