Replies to post #682824 on Mr Cooper Group Inc (COOP)

[Royal Dude]

LG I agree that:

" I still believe WMI is still alive and so at least two buckets of returns.

1) I also believe the Source will be correct with bucket one that is shares issued and 2.5 par in cash that takes care of JPM responsibility

2) Bucket two will be a private offering (Safe Harbor monies) from WMI that will include a threshold to meet and if one does not meet then they are automatically cashed out by WMI. If an investor wants to sell then they would have to sell back to WMI as these shares represent the ownership of the Estate and they do not want these to fall into public hands"

It is however already in JPM and always has been and still adding to the MBSs as it wishes to. All to be announced at the consolidation of WMI and COOP and JPM. The P an A agreement has already been executed with the FDIC. They did anything they wanted to execute the Reset JMO

[Boris the Spider]

The source last week told bop they stand by their info about payout this month or early Apr.

They also stand by their prediction of 600B, though that total will take years.

2.5 par could happen very soon. Lets see if they are right...

[continuity]

Hope you are right large!