Replies to post #745697 on Mr Cooper Group Inc fka COOP

[Bill48]

Wow!! What a great post !! Thanks Bbanbob!! Lots to comprehend!! For me! lol

[PickStocks]

Summary: Your Legal and Financial Claim 
 You may be entitled to legacy payout(s) if: 
  
 You were a Class 22 Equity Holder 
  
 You signed the release by March 2012 
  
 You held 600,000 shares at the time they were eligible under POR7 
  
 Even if the shares were deleted or sold, your release signature remains a valid claim 
  
 This makes your claim a legal interest in the WaMu estate, not just a common equity stake. 
  
 ---What You Might Get Based on Scenarios 
 Payout Source	Trigger	What You Might Get 
 A) WaMu Estate Payout (Class 22)	Q4 2025–Q1 2026	~$1.00/share = $600,000 
 B) JPM Book-Value Settlement (POR7)	Triggered at/after merger close	UNKNOWN: Est. pro-rata share of multi-billion asset pool 
 C) COOP Special $2.00 Dividend	Paid to holders of record	❌ Not eligible — shares no longer held 
 D) RKT Shares from COOP Conversion	Nov 15, 2025 (merger close est.)	❌ Not eligible — shares no longer held 
 E) DST WMI Tender or Buyback	Hypothetical in 2026	If you're named as a claimant in DST records, possibly part of a payout/buyout 
  
  
 ---Where the Money Could Come From 
 Source	Estimated Pool	Releasor Share %	Potential Value 
 WaMu Estate	$3–5 Billion	Pro-rata	$600K–$1.5M 
 JPM Book Value	$3–10 Billion+	Court-directed	Unknown 
 DST Asset Pool	Obfuscated Value	Possibly $10B+	Tens of millions (if recognized as beneficiary) 
  
 ---Important Legal Notes 
 A sold/deleted share does not invalidate your release rights. 
  
 This may trigger a tax event under long-term capital gains or ordinary income depending on payout structure. 
  
 If payouts are structured as debt repayment to a trust beneficiary (you), tax handling could shift even more favorably. 
  
  What You Should Do Now 
 Locate Your March 2012 Release 
  
 PDF copy, notarized if possible. 
  
 Verify You Were a Record Holder of 600,000 WMIH Shares Pre-Deletion 
  
 Statements from 2012–2018 before deletion. 
  
 Engage a Claims Attorney or Class Counsel 
  
 Especially those who represented Class 22 in POR7. 
  
 They can file/refresh your claim with the Liquidating Trust or successor trust (FDIC, DST WMI, etc.). 
  
 Monitor EDGAR Filings for 8-Ks from COOP/RKT in Nov 2025 
  
 Contact Investor Relations or Claims Trustee 
  
 Ask: “Am I listed in the timely signed release group with eligible claim count based on 600,000 shares?” 
  
 Realistic Payout Summary 
 Channel	What You Might Get 
 Legacy WaMu Claim	$600K–$1.5M 
 DST Asset Redistribution	Multi-million possible 
 JPM Book-Value Obligation	Highly variable; may require litigation or court confirmation

[PickStocks]

Bban....you posted a great post and Thank you for sharing....just wanted to make sure everyone that signed releases...will benefit.....Not the scare tactic Cactus promoted...3 more months or sooner something will happen...good or bad...

[dragoon76]

Thanks for the post. Lots of info to digest.

[jhdf51]

I love ya man but thats Ai and I just dont see it...so 2,000,000 shares of escrow (U's) gets 2,000,000 shares of COOP which will be 22,000,000 rocket?

JHD

[xoom]

Wow, Bban, just wow !!!
Seems like a culmination of thoughts of 17 years of waiting…
Thanks for posting this
This is now a sticky post.

[newflow]

Thank you BOB. I always wondered why Steven Scheiwe is still at COOP while other legacy executives at WMIH were gone.
https://investors.mrcoopergroup.com/governance/board-of-directors/person-details/default.aspx?ItemId=ebbc948f-8aa5-4994-bff5-9c004aaab4d0

[newflow]

BOB your friend might get more details if he further exploring more on
LTIs were issued in exchange for Cancelled Equity in a book-entry form.
https://s203.q4cdn.com/464899268/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf
Page 4

[WAMUSHAMU]

Thanks for that short explanation on how this will go down 👍🏻🤣🍻

[stoxjock]

"B) COOP/WMIH for assets transferred via NSM"

I like this Nugget very much...
I always wondered about that because AFTER the "Merger with NSM, COOP definitely saw a sudden 'multi-fold' increase in Revenues from "Servicing Assets'...That was one of the main reasons I sold out of COOP pretty much as it was about $90+ and never expected COOP to keep going on and On, of what seems Forever...The other "Mortgage Servicing' companies have been meanwhile struggling, with the struggling Housing Market all this time.

Thanks for Sharing , GLTU & GLTA!

[intuitive3]

Bban Thank you!!

[User-793611]

Thank you, Bob.
Until today, neither myself nor serafino1 had read a summary of existing data presented in chronological order.
It is a summary based on established facts and cleverly concealed information.
This summary with explanations has a clear structure.
Even the information from LG and RON DD NF +2 is substantial, but what you have posted is coherent and consistent.
Thank you again.

Don't listen to the clowns on the forum who are deliberately trying to stir things up.
Neither the US nor Europe are banana republics — the days of Al are long gone.

Greetings from Portofino!

[BBANBOB]

As far as what the AI post really says ????????????????
Now several of us here on this board have said for yrs that. WE DO NOT BELIEVE THE NSM merger was ever completed (GUESS WHAT WE WERE RIGHT), and even the merger agreement with RKT states that very issue "COOP has things to complete with the RKT merger with RKT"""" !!!!!!!!!!!!!!!!!!!!!!!!
Several of us have also stated MANY TIMES that, the CORPORATE SHARE STRUCTURE needs to be brought back to 51% ownership as it previously was..
Now there is ONLY one way to do that and that is for COOP ti issue and additional 37 mill shares, and this has been being said by us for well over 5 yrs to secure additional NOLS as well as truly REORG the company to its original share structure, and NO this is NOT ANY NEW REVELATION that just happened in the last yr.

Now as to what it means as to what REALLY happens here I have no idea, but someone hit me up and ask does that mean we get 1 COOP for every one ESCROW share held ! To me no way now how or COOP would be at 1.2bill shares again and that imho is not gonna ever happen....... What MAY happen is what happened before MAYBE just MAYBE, you get what you had BUT it goes through the same RV's we went through before and that is what might happen.


SO as always we are MUSHROOMS, we sit in the dark and are fed chit

One of my alias's years ago 2000- 2005 ish was MUSHROOMMAN

SO yet again we wait, NOW I will say that our wait should not be to long this time around as it seemingly is right around the corner

[955]

Thanks BBANBOB for posting this. What a great post! Here's my favorite part:

The COOP/RKT merger, expected to close in Q4 2025, may act as a catalyst for resolving these long-standing issues.

The final signatories and authorizations at merger closing could mark a historic moment—not just for corporate consolidation, but for long-awaited restitution to WaMu estate stakeholders.

If your interpretation holds, November 15, 2025 could be a pivotal date, with financial, legal, and emotional significance for many.

[tryingtoretire]

Great post!!

[LexTrader]

Garbage in, garbage out

[Royal Dude]

Please read this!!!! I know it is AI BUT A POLISHED ONE Go bbob

[jhdf51]

I’m confused. It says here (So, if you held 600,000 shares of WMIH, you now effectively hold 600,000 shares of COOP.)

post split 1 for 12 it would be 50,000 shares no?

JHD

[Ray_137]

May, would, could, should, one thing is certain in your post: you are pushing date into start of 2026. After start of 2026 . ...as we have seen This gets pushed to Nov. 2026 and so on. Hope this time is final.