Replies to post #732261 on Mr Cooper Group Inc fka COOP

[KeyKey]

@ron_66271: Good summary.
But please provide some evidences to these statements.
Does FDIC confirm ? - No ? Why not ?
Do you have a confirmation from any other side ? - No ? Why not ?
Please explain again why this has to be kept still as a secret when it is just a question of time when distributions will follow somewhen. I'm still wondering how trustful people can be when there is really so much money involved. Do you want to wait addidional 10 years till you maybe will receive anything which you don't know yet ??

[novascotiaSTS]

To claim that “WMIH Owns COOP” is of course nothing but b/s - as can be easily seen in COOPs actual SEC filed financial reports again and again.

As a result of the Merger, shares of Nationstar common stock were delisted from the New York Stock Exchange. Following the Merger closing, the combined company traded on NASDAQ under the ticker symbol “WMIH” until October 10, 2018, when WMIH changed its name to “Mr. Cooper Group Inc.” and its ticker symbol to “COOP.”

But official reports don’t count just like all the other facts also don’t count.

[Boris the Spider]

Yes WMIH Owns COOP. Fact. I've said this in the past here and nobody seems to realize it. Weird.

By Oct we should know our LIBOR fate. Summary judgment by Naomi. Could be any day now. Dimon needs to pay for OUR bank. So many avenues for payment. This year going into 2025 will be very big times for escrow holders.

Once payments are announced expect your brokers to offer loans in advance of payment. Bop is right on this. Why would loans be good? Tax avoidance! Leave your bounty in your account and do not withdraw it and just do auto payments for your loan. Minimum tax. Say you buy a $5M house.....why pull out all that from your account and pay $1M in LTCG tax when you can just take out a mortgage, make auto payments from the account, and write off part of the interest on your mortgage payments. Rich people use other people's money, not their own.

16 years was a long ass wait but it will be worth it.

[UpTickMeA$AP]

WMIH doesn't own $COOP... WMIH IS $COOP.

Saying they own $COOP, suggests there are two separate companies... Which there is not.

WMIH changed it's name to Mr Cooper Group. WMIH is Mr Cooper Group.

WMIH CORP. COMPLETES REVERSE STOCK SPLIT AND NAME CHANGE TO MR. COOPER GROUP INC.

https://www.mrcoopergroup.com/press-releases/wmih-corp-completes-reverse-stock-split-and-name-change-to-mr-cooper-group-inc/

[ron_66271]

Yes WMIH (the Former) Owns COOP.

WMI Holdings Corporation (the Former) created a new sub called WMIH Corporation (the Latter), [Eclipse].

The stock registration followed the Latter corporation. The Former went silent as a private entity to protect the equity classes during litigation by the FDIC on WMI/WMB’s behalf.

WMIH-1 is still alive and well functioning to manage the Equities assets.

WMIH-2 was renamed to Mr Cooper COOP..


Hints;
• Retained Earnings.
• 41.6, “Willful Misconduct”. Project West! Payment for WMB and it’s assets.
• ABS held by WMI/WMB being resolved in LIBOR litigation.
• Other assets.



Ron