Replies to post #702151 on Mr Cooper Group Inc (COOP)

[Large Green]

Excellent find newflow. This explains a whole lot and no doubt this MAY, MAY MAY be the plan moving forward. I think you nailed this by calling out the REIT that POSSIBLY, POSSIBLY WaMu (WMI) and LBHI will be involved with BUT to say the least OBVIOUSLY LBHI is involved and will be moving forward on their own or possibly with WaMu

I believe the former WaMu estate now owned by the investors who signed timely releases possibly has more Safe Harbor monies (300 to 625B?) than LBHI but I do not know for sure.

Newflow, who do you think will ultimately control if WaMu is involved...LBHI or WaMu (WMI)?

I LOVE THE FOLLOWING PARAGRAPH in NUMBER 66 THAT YOU OUTLINED

https://www.sec.gov/Archives/edgar/data/806085/000119312511339839/d267202dex22.htm

66. Issuance of New Securities. The Plan Administrator, each Debtor or Debtor Controlled-Entity is authorized to (a) form and transfer certain assets of the Debtors and/or Debtor Controlled Entities to new (or utilize existing) entities, including, without limitation, one or more separately managed partnerships, REITs or other investment vehicles, to hold certain real estate or other assets of the Debtors and/or Debtor-Controlled Entities and, (b) issue New Securities for Distribution under the Plan. In the event that the Plan Administrator issues New Securities, each holder of Allowed Claims or Equity Interests against a Debtor that contributed assets to the entity issuing New Securities shall receive the relevant New Securities as Distributions in accordance with the Plan.





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[BBANBOB]

Looks like my $25 face prefrd in LEH are gonna come alive there and IFIN MY GUESS IS CORRECT they somehow will be LINKED TO WMI as I have suggested for years on end.

Using their NOLS and OUR CASH FLOW created from anywhere from 30 bill to 635 bill in assets,,,,,,,,,

HUGE MEGA MULTINATIONAL FINANCIAL CONGLOMERATE(REIT/HOLDING CO) that will dwarf the OLD WAMU/WMI

TICK TOCK TICK TOCK

As one person JUST RECENTLY said ("" COOP AINT THE TELL , THE NEWCO IS THE TELL " ALTHOUGH THIS HAS BEEN SUGGESTED HERE FOR YEARS ON END

LIGHT BULB MOMENT AGAIN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Large Green]

newflow, I looked for a date on that filing and could not find one. Did you see a date when you pulled this filing? Again, this is a fantastic find, and thanks for sharing. You are certainly on a huge positive roll!

Who do you think will ultimately control if WaMu is involved...LBHI or WaMu (WMI)?



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[nhtrader]

Wish we could find the same verbiage concerning WMI!