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Civil War General

06/08/22 11:03 AM

#689464 RE: AZCowboy #689463

“ the Mr Cooper Group, "COOP" Brokerage Notification to Accredited Investors "ESC Removals" ~ “

Well AZ, this makes no sense.
Mr. Cooper Group “COOP” has nothing to do with the removed ESC Escrow CUSIPs. The only connection was that we received stock in WMIH 75/25 as a result of our released shares in the former WMI.

So why would the Brokerage notify Accredited Investors, like myself and presumably you, who are stockholders in COOP about something COOP had nothing to do with creating or deleting.

I await your reply.

cassiecasa

06/08/22 3:55 PM

#689498 RE: AZCowboy #689463

Can someone give me the contact information to let them know I have a different brokerage account now and my original escrow brokerage account is closed. TIA

woodstock_guy25

06/09/22 10:41 AM

#689516 RE: AZCowboy #689463

AZ,

TD Ameritrade informed me the exact words: "WMIH Corp requested the removal of ESC etc as non-valuable.

Now if one picks up the phone and contacts DTCC and ask questions about the ESC markers we had in our accounts, exact words: "Those are shown and non-valuable...

Just saying

nranger

06/09/22 10:20 PM

#689544 RE: AZCowboy #689463

Hi AZ. I was under the impression that the 'esc' shares were removed `from `our accounts because the DTTC was taking control from the WMILT and not because of transfer agent concerns. They must have a value if effort is being made to return them to our accounts.
One of your posts seems to mock the analyst price targets of COOP. I feel the same way since the merger with multi billion dollar WAMU obviously gives COOP huge poterntial. But why is COOP. trading so far below book value.?
I don't think management cares about the shareholder. But since the institutional holders don't complain we just have to. as they say, 'ride their coattails'.
Thanks for all you do.