Replies to post #732298 on Mr Cooper Group Inc fka COOP

[ReikoBlack]

WMIH is COOP. COOP is WMIH. There's not 2 separate entities. Also, WMI Holdings Corporation didn't go private. It no longer exists.

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Hey, Ron... WMI Holdings Corp didn't go private, it no longer exists.

"As disclosed below, WMIH Corp., a Delaware corporation (f/k/a WMI Holdings Corp.) (“WMI Delaware” or the “Company”) became the successor to WMI Holdings Corp., a Washington corporation (“WMI Washington”), on May 11, 2015."

"As further described in Item 3.03 below, WMI Washington consummated a reincorporation merger (the “Reincorporation”) with and into its wholly owned subsidiary, WMI Delaware, pursuant to the terms of an Agreement and Plan of Merger entered into between WMI Washington and WMI Delaware on May 11, 2015 (the “Merger Agreement”), which is attached as Exhibit 2.1 to this Current Report on Form 8-K and incorporated herein by reference. The effective time and date of the Reincorporation was 8:00 p.m. Eastern time on May 11, 2015 (the “Effective Time”). As a result of the Reincorporation, the registrant is now a Delaware corporation and WMI Washington has ceased to exist."
https://www.sec.gov/Archives/edgar/data/933136/000119312515186101/d924385d8k12g3.htm

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171594866
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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.