Replies to post #740403 on Mr Cooper Group Inc fka COOP

[PickStocks]

Quote: "my opinions and considerations of the need for a re-set of the COOP trading platform, were incorrect' ... none of that is necessary any longer' ... "
There never was going to be a reset....in addition this leaves the FDIC now using the excuse there will be no money left to distribute.....Coop has always been the tell. 

[Oberthal]

So is there still any recovery from the Trusts as the loan servicer is gone?

[jhdf51]

And your confusing posts continue.

JHD

[nhtrader]

Hey AZ, I would think the ability to obfuscate the parent of COOP, would be diminished with the sale? Do you think it will be revealed who 2012's Reorganized WMI to WMIHC, then into 2015's WMIH is? Are the NOL's wiped out now with this purchase or is RKT a fit to keep them? Thanks for all your help in understanding this fiasco.

[AZCowboy]

~ Clear & Concise: ... ALL of my considerations & opinions posted regarding "COOP" using its "Share Buy Back Program" for a platform reset' ... were incorrect ~

Personally, ... "Today" ... ol cactus is VERY PLEASED to have been in a financial position to have purchased WMIH / COOP heavily from the single digits from 2017 to Feb 2022' and to have been able to pull enough profit out @ $50.50 pps to PAY-OFF ALL of ol cactus owned WaMu / released 19's & 22's / COOP / and the WMB Note / Euro Bonds, etc.etc.everything WaMu ... plus the LBHI Class 10's ... with ol' cactus Keeping a reasonable amount of COOP' ... that 2018 acquired loan servicer that was necessary at the time'

... Finally' ... a forward & positive process has now been unveiled' ... TODAY', ... it continues to be my opinion that only the 2018' Acquired Sub Grouping (nationstar to coop) has been "Acquired" now once again' by another ...

WMIH and the Nine Trusts (three of which match a release cusip) remain' ... not trading openly ... For those of us that released, back in 2012' ... this is not over ... this is only a sub grouping being acquired

... shhhhh but good riddance to COOP in my opinion' ...

I hope everyone gets exactly what they deserve'

AZ

[ReikoBlack]

Is all of Mr. Cooper Group being acquired?

As part of the terms of the agreement, Rocket will acquire the entirety of Mr. Cooper Group, including Mr. Cooper, Xome, Roosevelt and Rushmore Servicing. This includes our OPTIC team as well.
https://www.sec.gov/Archives/edgar/data/933136/000119312525068946/d890918d425.htm

~ John, ... 2012's Reorganized WMI to WMIHC, then into 2015's WMIH, ... is selling off its 2018 Acquired Loan Servicing Sub Grouping "COOP" (originally nationstar and subs) ~

there's more to come, the Trusts have not moved quite yet, the WMB Note / Euro Bonds are Rock Solid (pun intended) and DO NOT go to Rocket' ... only the 2018 acquired loan servicer' is going to Rocket ...

and to emoji boy X ... (~ ol cactus never needed to be the smartest person in the room, ... ol cactus only needed to know WHO the smart people were ~) ... those goofy, crazy, misunderstood numbers of emoji boy X and all of the AZ-bashing, have always been wrong' ...

my opinions and considerations of the need for a re-set of the COOP trading platform, were incorrect' ... none of that is necessary any longer' ...

Abba Da Ayy

AZ