Replies to post #714305 on Mr Cooper Group Inc (COOP)

[lodas]

Boris.....you really should give up posting your spurious conjectures, because you have nothing to back them up with...no one believes you after all these years...you have failed to deliver on anything , much less monetary returns...did you read the links that I gave you to the POR 7, chapter 11 closing document, the GSA?...more recently I posted the WMIH 10-q which states that WMIH has only 37 billion dollars in TRUST, and ONLY 500 MILLION DOLLARS in restricted cash received from KKR to be used to buy another company with....please man, face reality, and accept the truth to END YOUR NIGHTMARE!!!!!!!... you are in DENIAL of the facts as stated by every official document filed by WMIH, and the FDIC...YOU WILL GET NO MONEY, THAT IS FACT, AND ACCEPT IT....go on with your life and get a day job if you need money.......Lodas

[Royal Dude]

This will be an ongoing process and will take a while so bear with me
Bucket 1
First Republic Bank as stated in release
Washington Mutual Bank look alike???

Asset = Liabilities + RE/OE

$207.8B = 142B + 65B

This is simple enough for me to understand that the 65B is due to the Share Holders

Assets
173 B (Mbs)
4.8 B Tax Benefits
30 B Securities
Total 207.8
Liabilities
Deposits 92. B
FDIC Loan 50 B

RE/OE 65 B
Total 207.8

This is what and should be returned in the first Bucket. If you plug this into the formula that was facilitated by Edgar Sargent you will get a better result if not have fun for yourself, I did.

Per POR 7 P's 75%= 48.75 B

Per POR 7 u's 25%= 16.25 B 2+

$48.75 B / 3 Million shares outstanding = aprox $1,846 per P

13.54 B / 1.2B Share outstanding = $13.54 per u

Understand none of this calculation is based on official professional in this guess of mine Just me having fun.

Please fell free to improve, I have very thick skin posting on iHub <><

Te second Bucket TBD (15%-30%) of 800 B of remote MBS


https://www.jpmorganchase.com/ir/news/2023/jpmc-acquires-substantial-majority-of-assets-and-assumes-certain-liabilities-of-first-republic-bank?fbclid=IwAR37NMWqfA28oi5emsnO-UzC65K6XI2OS5p-z4_EFciPLBIZHaa4RVcrdF0