Replies to post #745939 on Mr Cooper Group Inc fka COOP

[jhdf51]

Ok I'll take your word for it.

JHD

[BBANBOB]

BD

BINGO
"""based on original ownership percentages""
and on HAS TO as well have a position in the loan package to be able to even sell it off to someone else

What people don't get is that there are MANY UNKNOWNS here, like what was WMI's participation % the min I THINK is 10% or did WMB tell the father which were really good loans and to pick up even more?????????????

Still say this will be a HCLE for many here if not ALL HERE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! SOME WILL JUST BE FINER THAN OTHERS

Remember the DIPS during negotiations DID NOT RV prefrds DID THEY. that must have just been a KOWINKIDINK RIGHT lol

Heck just the 160 bill is 16 plus times face and imho NO IT DOESN'T STOP for either P's K's or U's and it goes to the end in spite of what the ""TICK SAY" because that is WHAT THE COMPANY SAID TWICE in Pr's and 8K's and I don't think the company would want to get their butts sued of if it doesn't happen that way........

[DarkB4Dawn]

Right. Rocket is buying the Mr. Cooper Group a wholly owned subsidiary of WMIH. After the merger, WMIH is now clear of the subsidiary and what remains is WMIH which is owned by the legacy shareholders in amounts equal to their original position in WMI. It seems a clean way to divest what was a public entity that benefited those who held, bought more, and the remainder is clear to transfer to those that released. What are the residuals remaining? If any... and what then might WMIH become, wind down into? Hopefully something positive and meaningful. Hell, maybe this whole thing was run out to save all the investors in those MBS's including WMI which was required to own a percentage of what they issued. The servicing of all those loans has wound down. The links I provided a month ago showed JPM with about 1.5B left in 2023 that they were servicing for WMMSC + the contents of the 3 trust(s) at Wells Fargo.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176402699

Have a good weekend and best wishes to all.

DB4D

[ReikoBlack]

WMIH is Mr Cooper Group (COOP). Mr Cooper Group (COOP) is WMIH. They're one and the same.

RKT is buying Mr Cooper Group (COOP) from WMIH.