Replies to post #707260 on Mr Cooper Group Inc (COOP)

[Bizreader]

Yes...if only we could all finally clarify the corporate naming structures! This obsification alone is enough to record carefully in case we do end up fighting for our money, imo.

It's going to require a diagram or flow chart.

Few, if any, have the names straight, imo. I don't. But I will with help.

WAMU = BANK
WMIH = NON-BANK HOLDING COMPANY
WMIH C DELAWARE = CURRENT, how should we describe this one?

[PickStocks]

Instead of playing games or giving lessons….AZ should just tell everyone who XXXX is or he claims XXXX is….unless like everything he does not know….

[boarddork]

2 birds, 1 stone. your post speaks to one bird going forward. I'm following the whole process.

WMIIC was WMI WA prior to the reincorporation Merger. !!

WMIIC was simultaneously 'eliminated upon consolidation' as part of that reincorporation Merger..going forward. Meaning WMIIC's books and records reporting duties were severed from the parent on a consolidated basis..going forward - for the first time EVER ! The new DE reincorporated parent WMIHC could no longer report or claim the incoming assets due to arrive, as they always did prior to BK #1.

Once WMIIC was no longer reporting on a consolidated basis, ie it became invisible, you were free to move the incoming assets elsewhere without anyone noticing. Once those income interests were moved, months later WMIIC was administratively dissolved. What I call 'burying an empty coffin'.

This is how you hid the sausage. WMIIC goes dark and invisible while WMIHC (trading now as COOP) at the time moves forward in a very public SEC reporting fashion.

Wave the Wand, and Eclipse WMIIC's legacy interests from those who released. Almost got away with it.