Replies to post #184429 on Mr Cooper Group Inc (COOP)

[barefoot123]

I think of the movie “It’s a Wonderful Life” where one person’s action creates a chain of events that affects many others. Joyce, wherever this leads thank you for your efforts. Thanks to you also Fish, you are a workhorse. Dudebug, I always enjoy your posts. A+ on the homework.

[David West]

Dudebug -

If Solomon's valuation should be filed and include assets that now belong to JPM as you say, and are allowed to stand by the court, remind me and at that time I will retract my assessment and state that I was wrong. In addition, I will shout with glee!

We have to keep in mind that JPM and FDIC are not on trial in the Delaware court. The Delaware court is about the reorganization of WMI, using its current assets. The only reason that JPM and FDIC are involved is to address those variable areas of assets simultaneously claimed by WMI, JPM and FDIC. The DC court is hearing the case of WMI versus FDIC where WMI is charging that the FDIC are the bad guys and sold WMB to JPM for less than it should have. EOM

[WAMULICIOUS]

You are right on point and correct Dbug. The issue of FC will be evident from the valuation analysis prepared by Solomon and will be a moot point when the judge rules what the true value of WMI is and what the appropriate POR and payment to equity will be.

[Bizreader]

Excellent points!
Thank you!

[dmceng]

Dude Bug

Thank you for the post. We needed a rebuttal to Dws somewhat inaccurate earlier post. We do not need the fact misrepresented on this board.

Take Care
David