Replies to post #701407 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ WMB Was Seized, and WM Inc. Filed for Reorganization' ... Now ? Years Later ?, WMIH is NasDaq Trading as COOP' ~

initially' ... rosssssie' kept screwing up and ended up losing his position at weil' ... duh' ...

the first time was his attempt to include the functioning subs' in the Washington Mutual Inc.'s Holding Company's BK, early in 2008' ... Denied by Judge Mary' (Goldstein took a powder)

the second time was his inability to STOP' Sussman' ... Judge Mary again ...

the third time was when he' tried to segregate the participants in the hybrid' class, to only include an elite group of chosen' ... ultimately questioned by the Property Trustee' ? ... and Judge Mary agreed with the property / indentured trustee ... rosssssie', denied again ...

Plan 7' was implemented' 03/19/2012 ... KKR came on board 2014', ... and Gallagher as the WMIH CEO' .. took action beginning in "Early" 2018' ...

at the end of 2017' WMIH CEO Gallagher, found himself as the CEO of WMIH, a "Holding Company", with an Insurance Sub (WMMRC) in Run-Off ...

all that WMIH needed, was a servicing mechanism' ... enter NationStar and its subs', acquired in July 2018 with KKR's assistance' ...

NMH continuing as the surviving corporation and a wholly-owned subsidiary of WMIH.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170950768

(Not an opinion, ... All Of This Happened')

just sayin :)

AZ