Replies to post #682944 on Mr Cooper Group Inc fka COOP

[dennyduper]

Not really, they know who the escrow holders are. They can give to holders of escrow without giving to those who purchased after. It’s that simple.

[DarkB4Dawn]

CWG. WAMU shares were cancelled and eventually new shares in WMIH were issued. Common got crumbs, preferred got...well you know the ratios. The ~$200M and new shares in WMIH were what we had coming out of chap 11 from WMI. WMIH (trading symbol) has since changed to COOP(trading symbol)and we merged with Mr. COOPER and its Nationstar sub(s).

So if your saying former WAMU shareholders that may/might be due interest payments separate from the WMIH/COOP shares they received on any outstanding assets ostensibly owed/owned... not being the "tell" as paraphrased, OK.

But considering WMIH now COOP is what was given out and obviously some sold the shares, don't you think that the core assets (if any) would follow the company and they are not under obligation to pay out stock holder equity in WMIH(now COOP)?

I know others have suggested adjustments/shares/payola etc...

Not throwing any stones at you or anyone for the position, just trying to understand the premise/thought if you feel like answering.

[BBANBOB]

CWG

HOLDERS that signed releases and got shares ARE THE LAST LINK IN THE CHAIN OF TITLE as the was an IMMEDIATE CHANGE of OWNERSHIP at that point.

This may make it easier for soem to understand although not exactly the same but yes it is really.

I own a large plot piece of land, I sell that land BUT BUT BUT I wrote in the contract that I RETAIN THE MINERALS under the land. OIL is then found on the land or gold or diamonds or whatever, THE NEW OWNER of course OWNS THE LAND (WMIH/COOP), but not any rights to or in the minerals I(WMI) retained.
AT THE TIME (NOW CHANGED) the FDICK had NO SEIZURE RIGHTS over WMI's assets (the minerals) so guess what the new owner POST 3-12_2012(WMIH/COOP) doesn't either, THEY REMAINED MINE(WMI's)

Those that bought AFTER that of course have their COOP shares and those imho will do great in time, but THEY HELD NO ESCROWS and have NO ENTITLEMENT to assets owned PRIOR to the date of our releases.

WHY on earth WOULD THEY, they RELEASED NOTHING as they had nothing to release if they bought after March of 2012