Mr Cooper Group Inc (COOP) News

Yet......you still have not revealed a distribution will happen.......however tell everyone how you bought at 5-7 and sold at 50.50 and told everyone coop was no longer the tell...coop no longer mattered.....then the pps rose and rose to above 100.00.....your a great accredited investor....

We knew Doreen was still in this mess.....Cactus will post how he is great friends and how he is the know......the way  you will be right is when a distribution happens......

Difference between What are the Liquidating Trust Assets? & 2. What are the Trust’s Assets now?
2017 FAQ
https://veritaglobal.net/documents/8817600/8817600170920000000000001.pdf

Subject to certain limited exceptions, the Liquidating Trust Interests are not transferable or assignable.

https://www.sec.gov/Archives/edgar/data/1545078/000119312518097841/d503450d10k.htm
LTIs are not transferable or assignable except by will, intestate succession or operation of law. Accordingly, there is no liquid trading market in the LTIs. Under certain circumstances, transfers of LTIs have been permitted upon the winding up or dissolution of vehicles that previously held LTIs on behalf of such vehicles or the beneficiaries thereof. There can be no assurance that the Trust will consent to any such transfers in the future.

2021 FAQ
https://veritaglobal.net/documents/8817600/8817600210115000000000001.pdf

Only The Plan 7 WMI-LT is Closed. The Plan 6 LT Is Alive.

Both Chad and Doreen are overseeing the assets of the Plan 6 LT.

Yes the February MOR is the proof.
The Retained Earnings, which are never discussed in the body of the document because the Retained Earnings have nothing to do with Plan 7 LT for Creditors.

Two LT’s and two DCR’s presented in one document to the Court.
EC proved to the Court that all claims can be satisfied as stated in the February MOR. (The 363 Sales.)

The February MOR showed the Court how Class 22 was satisfying both the Creditors and Class 19.
RE is for the Equity class split 75/25%.
Class 19 is untitled to 75% of RE/DCR.
~2.7X Face. This satisfies the back interest with a bonus!
Other WMI assets are not disclosed.

BBOB; 75/25% is NOT GLOBAL!!
~2.7X your K’s more than satisfies your claim. You have nothing to complain about!
You don’t get other people’s property!

I have presented the numbers and the associated math.


Yes the Equity Community received control of the Liquidation Trust created during Plan 6.
DOCUMENTED AND PROVEN with direct links!

You talk about documents but never give the full details. Link, text, page number…

Sorry AZ, but I have already proven that you have misread some ‘things’ in the past like the $50 for 60 days….
I hope that I don’t need to go further.

No one has ever been close to proving me wrong!
Example;
How is the TPS to be satisfied?
Checkmate.

Unstable emotions regarding your wants are not a proof.



Ron

All coming soon or really soon......nothing changes sunshine.......it does not matter unless there is a distribution otherwise you are just speaking noise.......Coop has always been the tell.....

OK cool. Thanks for the education.!

JHD

Nice work Royal!! Always appreciate your hard work here!!! Good luck!!

Hi jhd

I’m not happy when a stock moves up with low vol., high vol shows interest for a stocks upward trend , let’s see what happens ON THE BUZZZER

Have a great evening GLTA-Ts😉🍀

settlement and payment .058 est.

SUNSHINE.......I'm to old for this......LOL

whats your opinions on the cash amount and COOP shares ????

COOP SHARES = .058 which is YOUR ESCROW SHARES X .058 !!! (example is 100,000 escrow shares X .058 = 5,800 COOP SHARES !!!!)

do you see an amount is CASH per escrows too ??? IF yes what s your thoughts ????? Sorry getting old sucks...LoL

So are you thinking next month?


JHD

MW's buddy!
https://brownrudnick.com/wp-content/uploads/2017/02/Brown_Rudnick_The_National_Law_Journal_Winning_Stark_6-11.pdf

Lodas.........Are you sure about your statement "A/M charged over 1 billion dollars in fees alone to bring about the chapter 11 settlement" ??
Are you saying that A&M's internal expenses + markups amounted to 1 Billion $???

One Billion dollars seems extremely high.......does it take $1 to liquidate $1 of assets??

Thanks for all your help, and also thanks for speaking in plain English and correct punctuation.......haha



b3

"IMO , Everything has been set up for month of October, November, and December. Payment for the first payment from the:
$750,000,000 JPM Bond on the 22nd of October. Total offering 9B. The rest paid quarterly for 5 years
COOP shares estimated .058 x legacy = Conversion eminent
299 Bil FDIC from the Libor paid with Series A Weekly Bonds/JPM stock. Settlement done/ eminent
JPM Depositary shares from Series NN Mature 28,28,30,35
Amounts have been covered but who knows exactly. My opinion
Payments trust me after great study IMO if you dare. This is just for JPM Coop Conversion will be a separate
settlement and payment .058 est.
Begining of Payments
2.5 B 2,500,000 depositary shares NN 9. Bil
10/22 (1) 9. Bil JPM Note$19:1
10/22 (3) $ Notes 9 Bil
1,22,2025(4) Next Quartily payment (All four Bonds)
Not giving up for December FDIC settlement iminent, only class settlemet today on compensation

flip flop flip flop sounds pretty fishy to me and par for the course for AZ cow pie!

the chapter 11 is closed as ratified by all parties holding claims, and remunerated for their prior values.... those that held preferred stock were given a pro rated share of 200 million shares IN RETURN FOR THE PREFERRED STOCK THEY HELD PREVIOUSLY!!!!!!....thats what the documents say!!!!!!.....said another way..... if you owned any of those previous preferred instruments, YOU ACCEPTED NEW STOCK IN RETURN FOR THEM!!!!!!......did you read the chapter 11 document.... " all common and preferred shares were cancelled and extinguished in return for stock in the new company....throw this turkey out.... it went rancid 12 years ago, and going on thirteen....now, you tell me what your link implies as far as getting more money from WMIH?.... by the way, my posting name is Lodas....show some respect

absolutely!

JHD

lota...all preferred shares were converted to common shares?, and yet UWs were dumb enough to receive class 19 claims?. LOL. You can pull as many stories as you wish.I did not prove your point, there was a BOD until effective date.I proved you wrong.

👉👉COOP's fair PPS is $250+===>absolutely UNDERVALUED

Check COOP's current P/E ratio: https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP

COOP's trailing P/E is only: 12.48
COOP's forward P/E is only: 6.99

The P/E ratios in this list (data is as of January 2024)
Financial Svcs. (Non-bank & Insurance) covering 172 companies is the correct row:

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

Financial Svcs. (Non-bank & Insurance)
The average P/Es are:
Current: 34.63
Trailing: 25.59
Forward: 25.54

So COOP's P/E is way too low and COOP is absolutely undervalued.
The PPS should be $250+ considering the forward P/E in my opinion!

@ newflow...... very good, you have just confirmed what the 2013 WMIH 10-K stipulates how the 200 million shares were valued that were given to holders of old WAMU equity shares.... A/M liquidated the 7 re insurance companies plus WMIIC of their values, and created those shares given to us... nothing sinister here as A/M did many transactions many here on this board would never comprehend... if you recall, A/M charged over 1 billion dollars in fees alone to bring about the chapter 11 settlement...so, my point still remains as this.... all preferred shares were converted to equity shares, and preferred holders of claims were given a pro rata share of the newly created 200 million shares in the new company.... subsequently, when the chapter 11 closed, those preferred shares were cancelled, extinguished, and all rights to future dividends are null and void.... it says so right in the chapter 11 closing document, and the release forms that you signed...said another way..... there will be no additional payouts to preferred holders including dividends whether in arrears or not... this turkey is cooked 12 years ago, and getting rancid now.... Lodas

But you must have some idea some small glimmer in your heart as to when this may all wrap up?

JHD

Yes you are! 😊

Nothing wrong with that.

~ XOOM, ... YES', with the wmi-lt, now closed and having completed its Court Ordered Functions, ... YES, all of those presentations HAVE BEEN Meaningless' and Incorrect ... ~

the wmi-lt WAS NEVER the Company' and the wmi-lt's pr's and filings NO LONGER MATTER, those pr's and filings were applicable to the wmi-lt's DCR, now all completed ... "to the end" ... the Company Has Always Been WMI Reorganized into 2012's WMIHC and then into 2015's WMIH ~

Yes, ... ("to the end" of the wmi-lt)

the SEC 10-K's reveal what ... "The Actual Company" ... has been doing' ... when, why, and how' ! !

AZ, are you stating that even though the LT put out a statement, about 75/25 to the end, whatever they said, is now invalid, since they have packed up and gone ?
I know this is what Bban refers to every time.

just sayin'

AZ

AZ, are you stating that even though the LT put out a statement, about 75/25 to the end, whatever they said, is now invalid, since they have packed up and gone ?
I know this is what Bban refers to every time.

lota... page 3 https://www.sec.gov/Archives/edgar/data/933136/000090951812000097/jg02-2222first_t3a1.htm

~ Remember Folks, ... the now completed and closed up wmi-lt', its pr's, and filings, ? ... ARE NOT THE COMPANY, ... as has been so poorly' presented ~

... and, with the wmi-lt now completed and closed, again none of that matters' ... shhhhh, but it was WMIHC that began the move forward' back in 2015 ...

... COOP, the 2018 Acquired Sub Grouping will be the Tool Used ...

Have A Nice Day People ...

just sayin'

AZ

HMMMMMMMMMM

""along with any silly considerations of any 75/25 ratio sharing of the eventual returns' .."""
So again and still you contend that we were all lied to with and in our election forms and then subsequently lied to in both an 8K and PR concerning and explaining the 75/25

What happened to "THE ONLY THINGS YOU CAN BELIEVE ARE 8K filings and PR's from the company itself , everything else is just noise""

flip flop flip flop

WHile there is still ongoing cases over what MIGHT be coming back, IMHO yes it does take that long.
Let's see when Libor is settled just how it all plays out, till then I hold hope But I am an eternal optimist myself.........

Yes BUT

Has not been PRO escrow concerning what the COMPANY said in an 8K or a PR as to the 75/25 the company stated on payouts.

Think about it, ALL were told prior to signing WHAT THE PAYOUT MATRIX would be imho so there could be no legitimate reason to sue and certainly would not win any such suit, then on 2 separate occasions came out with 8K and PRs stating the 75/25% yet again TO QUELL MESSAGE BOARD MIS INFORMATION and chatter(their own words) as to what the payout matrix would be........................ and again restated 75/25 on any and all payments and how it was allocated

SO we wait and see.............................

He always stated "he would just ride off into the sunset on his harley, never to be heard from again"""(btw he sold that harley) he had put up as a bet on the 75/25 being to the end...... SO I guess he rode off on the NEW ONE

~ Hello BoardDork, ND9, JB, John, ... and All, ... Yes, Everything' is fine as this WaMu ... WMIH Process continues' ... as "COOP" remains a 2018' Acquired Subsidiary Grouping / and only' a necessary loan servicer acquired ~

the wmi-lt remains, now closed and completed, and those unable to accept ?, ... remain confused ...

the WMI 2012 reorganized into WMIHC to 2015's WMIH process used ?, ... remains explained within the SEC's 10-K's, and those that don't study ? ... what was done and how ? ... remain the same', confused' ...

... what has been able to be revealed ?, ... has been, or has been "cactus" chosen NOT to be ... $7.00 to $50.50 ? ... and then $50.50 to $100.00 ? ... just sayin' ... profit is not a dirty word' LOL

at the $50.00 pps achievement ... the allowable debt structure has now been released for utilization, however "COOP" the Sub Grouping, ... IS NOT IN CHARGE' ...

Stick to the sequential 10-K's filed and disregard all of the rest, ... 2012's Feb MOR's, the closed up wmi-lt', and irrelevant presentations of angst' due to misunderstandings, and word or meaning twisting by another' ... along with any continued silly considerations of any 75/25 ratio sharing of the eventual returns' ...

... the WMB NOTES / EURO BONDS, LOOK GREAT' ... the CT's As Well ... cactus checks them daily ... and the NINE Trusts Moved, that are cusip designated, ... remain SECURED' ... ~ Know What You Own ~

just sayin'

AZ

OR he took seriously that fact that DOREAN had told him SUPPOSEDLY what he was required to do with his bonds and he bragged about being given INSIDE information not privy to everyone else..................................... and WAS warned that DOREAN might not be to happy being outed on a MB for doing so.

Who knows the reason and who cares

Back over $100 soon imo

JHD

Good morning people, Looks like a good day for COOP, ,it’s just these darn spreads which is 0.31 live feed as of this post , anyhow let’s see where it goes at the close

GoGooooooCOOP GLTA Have great day people-Ts😉

U's will using a different instrument IMO

what are u thinkin sunshine ?????

No for P's only in the series nn $171.88 PPS U's will using a different instrument IMO Next year is for the merger in COOP hoping before.

It is my guess that the coversion will all done in the DTCC directly to our brokers. It has been delayed many times they are stealing from us IMO

🔥🔥🔥COOP has still ~$224 MILLION LEFT in their current STOCK REPURCHASE program and can BUY BACK a lot of additional shares!

to be fair, the following points should be noted, and the first is that A/M, who handled the chapter 11 restructuring did nothing illegal, and was not complicit in hiding money from creditor, or equity claims...
(1)... when Wamu was seized, there was no corporate structure when all officers left
(2) when WMI filed chapter 11 there was no corporate structure in place to do the restructuring, so A/M was hired to provide the accounting, dissolution of WMI Re insurance Trusts held by WMMRC, and the dissolution of WMIIC, and probably other assets of WMI...
(3) over 7 billion dollars was obtained from various sources of recovery that had to be accounted for so as not to lose "value" before the chapter 11 was settled...Time is money, especially over 7 billion dollars , so A/M was wise to place it in various modes of venues to insure protection from loss of value...example: we all do the same thing when we are given large sums of money... the average guy will place the money in a bank to draw interest, or a T-Bill to gather dividends until the money is put to use.... A/M used as series of complex avenues to safeguard the money, as they are required to do as agents for WMI... so, my point.... there was nothing sinister in the various schemes employed by A/M to handle this money... the fact that there were no fraud lawsuits attest to this ......Lodas

Yes and I say we get little or nothing. Just a hunch. It doesn’t take this long to settle escrow holder accounts. IMO

JHD

Great! Do the funds come through brokerage accounts or personal mail??? A I don’t know 🤷

Did WMI Liquidating Trust use certain financial vehicles to transfer liquidating trust interests issued to former equity but not distributed?
[color=red]Yes, WMI Liquidating Trust used certain financial vehicles to transfer liquidating trust interests (LTIs) issued to former equity holders but not distributed. These financial vehicles were used to facilitate the distribution of LTIs to former equity holders and to ensure that the LTIs were properly accounted for and tracked.

One of the financial vehicles that WMI Liquidating Trust used was a securities lending program. Under this program, the trust would lend LTIs to eligible borrowers. The borrowers would then pay interest on the LTIs to the trust, and the trust would use this interest to pay distributions to former equity holders.

WMI Liquidating Trust also used a derivatives program to transfer LTIs. Under this program, the trust would enter into derivatives contracts with eligible counterparties. These derivatives contracts would allow the trust to transfer the risk of changes in the value of LTIs to the counterparties.

The use of financial vehicles to transfer LTIs allowed WMI Liquidating Trust to distribute LTIs to former equity holders more efficiently and to reduce the risk of losses from changes in the value of LTIs.

Here are some of the specific financial vehicles that WMI Liquidating Trust used to transfer LTIs:

Repos: Repurchase agreements (repos) are a form of short-term financing in which a seller of securities agrees to repurchase them from the buyer at a predetermined price and date. WMI Liquidating Trust used repos to borrow cash and to transfer LTIs to lenders.

Swaps: Swaps are contracts between two parties that agree to exchange cash flows. WMI Liquidating Trust used swaps to transfer the risk of changes in the value of LTIs to counterparties.

Futures contracts: Futures contracts are agreements to buy or sell a commodity or financial instrument at a predetermined price and date on a futures exchange. WMI Liquidating Trust used futures contracts to hedge against changes in the value of LTIs.

The use of these financial vehicles allowed WMI Liquidating Trust to manage the risk of changes in the value of LTIs and to distribute LTIs to former equity holders more efficiently.
As per Bard.[/color]

wmi liquidating trust transferred liquidating trust interests using several financial vehicles?
AI Overview
When the WMI Liquidating Trust transferred its liquidating trust interests, it utilized multiple financial vehicles, likely including a combination of direct distributions to beneficiaries, sales of interests to third-party investors through a secondary market, and potentially the creation of additional trusts or holding companies to facilitate specific distribution strategies depending on the complexity of the underlying assets and the needs of the beneficiaries; all while adhering to the terms of the bankruptcy plan that established the trust.
Key points about the WMI Liquidating Trust transfers:
Direct Distributions:
The primary method would likely involve distributing the liquidated assets directly to the beneficiaries of the trust, with each receiving a proportionate share based on their ownership interest in the trust.
Secondary Market Sales:
To facilitate quicker liquidation, the trust might have sold portions of its assets to third-party investors through a secondary market, potentially utilizing a broker or investment bank to manage the sales process.
Use of Holding Companies:
In certain situations, the trust might have created separate holding companies to manage specific asset types, allowing for more targeted distribution strategies and potentially minimizing tax implications.
Tax Considerations:
Due to the nature of a liquidating trust, the distributions to beneficiaries are generally treated as a return of capital and not taxable income, although specific details of the underlying assets and tax laws would need to be considered.

It's just a p*****g contest with AZ vs Bban and Large Brown over the 75/25 stuff.
100% times zero = zero
75% and/or 25% times zero = zero

For me, I don't care who's right? I just want some results, either we get something or nothing.

AZ has always been pro escrow, I'm confused by your post

He does NOT want to be around when the real truth comes out that will prove him what he shows to most which is a poor excuse for a decent person!

…

It is strange that AZ just disappeared and not saying anything. Weird.

I few things I can comment on. On some of the other things I agree with you, it's puzzling.

1. The docs point to who/what XXXX is

2. Screen shots prove nothing one way or another. A few years back, someone posted a pic (we figured out is was photoshopped) showing they had a boatload of Ps or Ks or whatever, which was obviously fraudulent because we knew the total amount of possible shares.

Do you mean Cactus was providing misinformation on his bond distribution......Doreen was the one who clarified along with Hosen giving him the title of OG and accredited investor....was this all a lie as well.....Oh My....

ANd NO OTHER BOND holder including an EX wall street trader has not received any divies on his bonds and what about the April TAX return divies that was supposed to have been paid GUARANTEED in April about 3 yrs ago........................... And I still have a problem with the COMPANY releasing both an 8K and PR to QUELL MESSAGE BOARD MIS MIS MIS INFORMATION, stating everything was to be paid 75/25% and your waivers said the very same thing.

We'll see in the end how this all plays out and we will just have to wait till then................

Ok...these little gems...

"COOP is the tell" where he tied escrow payment to COOP...but later switched to..."I told you all to buy COOP at 5.00"

"XXXX is the parent company"....but won't divulge who XXXX is.

In order for Escrows to be paid "COOP needs to be over 50.00 for 60 days" (or was it 90 days ,I don't remember)....last time I checked COOP has been over 50.00 for a lot longer than 90 days.

How about... when he posted that he received money for WAMU bonds....but when asked to provide a screen shot ...provided none.

RD,

How could we get dividends from series nn when we don't have any series nn?

Certainly we should get conversion details on getting series nn before we get the dividends.

TIA

$174. pps Dividend if not put out to next schuled payment for series nn