Replies to post #672080 on Mr Cooper Group Inc (COOP)

[johnlconfer]

Thanks Board, why does assets from WHIH have to secure loans for Nationstar Mortgage Inc?

[DarkB4Dawn]

$600M in Notes...Gulp, all gone, cash in hand, next move for COOP. :)

[AZCowboy]

~ Now, "Investors" In The Company, (no whiners), Apply the SEC Filing Sequenced', WMI to WMIH, Name Changed To "The Mr Cooper Group" as symbol "COOP"(s) "Corporate Structure", This IS' The Mr Cooper's SEC Submitted' "Registrant", I've Posted About "COOP"s "Corporate Structure" and the use of "The SEC Registrant" Many, Many, Times' ~

... "Nationstar Mortgage Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of Mr. Cooper Group Inc. (the “Company”)," ...

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

SECTION 12.03. Restricted Subsidiaries. The Issuer shall cause any Restricted Subsidiary required to guarantee payment of the Notes pursuant to the terms and provisions of Section 10.15 to execute and deliver to the Trustee a supplement to this Indenture substantially in the form of Exhibit A hereto in accordance with the provisions of Article Nine of this Indenture pursuant to which such Restricted Subsidiary shall guarantee all of the obligations on the Notes, whether for principal, premium, if any, interest (including interest accruing after the filing of, or which would have accrued but for the filing of, a petition by or against the Issuer under any Bankruptcy Law, whether or not such interest is allowed as a claim after such filing in any proceeding under such law) and other amounts due in connection therewith (including any fees, expenses and indemnities), on an unsecured senior basis, together with an Officer’s Certificate stating that such supplemental indenture is authorized or permitted by this Indenture. Upon the execution of any such amendment or supplement, the obligations of the Guarantors and any such Restricted Subsidiary under their respective Guarantees shall become joint and several and each reference to the “Guarantor” in this Indenture shall, subject to Section 12.08, be deemed to refer to all Guarantors, including such Restricted Subsidiary. Such Guarantee shall be released in accordance with Section 8.03 and Section 12.08

... WE', The (or, ALL') "COOP" Active Position Holders, ... Are Setting Up For A Positive Move Forward' ... This should now adjust the Predecessor / Successor Accounting' Allowances, used while the BK's were still active', ... and clear the way' ...

~ Know What You Own ~

AZ