Replies to post #732331 on Mr Cooper Group Inc fka COOP

[novascotiaSTS]

So WMI’s shares were worth approx 10B in late 2007 but someone claims that it had mineral rights worth 1 Trillion - 100 times more?

Who believes this kind of b/s?

[ron_66271]

Yes WMIH (Washington) Went Private.

“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."
As the Registrant for the tradable shares.

WMIH (Delaware) the Registrant became COOP.


Chad and Doreen are still managing our private WMIH (Washington) assets for the equity classes.
We are awaiting the FDIC’s hold on WMI assets.

LIBOR settles the Derivative Market Meltdown of 2008.
The Derivative contract writer’s needs to pay for the ABS’s losses.



Ron