Replies to post #272705 on Mr Cooper Group Inc (COOP)

[hestheman]

Thanks for the explanation Fssh....I hope SG pulls out one of his "surpises" soon.

[warcton]

I don't think that I would call WMMRC an "empty shell", although Rosen would probably agree with you. ;)

We know that the trusts under WMMRC are currently in run-off, but that is only because WMI is in BK.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48335682

There are assets there, $460mil plus NOLS, we know the hedgies want WMRRC for themselves, and we need a proper valuation of WMMRC.

I am thankful that Mr. Steinberg requested a new valuation of WMMRC/reorganized WMI yesterday.

[eet2]

Back in late 08 or early 09, didn't the court approve $500K from WMI to the reinsurance co. to keep it afloat?