Mr Cooper Group Inc (COOP) Options

yo ron?.....are you sure that you don't have these large Trillions confused with the National Debt?.....Lodas

The only thing continuing to fail is you and your idiotic posts.

$1.7 TRILLION In RMBS. $2T According to FDIC.

That is just the Residential Mortgage Loans (RMBS).

WaMu also created Commercial Mortgage Loans into Trusts also.
…
Auto loans.
Credit Cards.
• Securitized debt rolled into Trusts sold into the market.

Yes of course WaMu held large portions of their offerings and invested in others offerings.
All losses were insured through derivative contracts.
Therefore WaMu had no exposure to the downside.

The TBTF (the writers of the Derivative Contracts) are hoping that they can minimize their exposure to cover their obligations in LIBOR litigation.
I don’t think it’s working for them. More time means more interest accumulation.

Escrow holders are going to be fine, big fine.

The numbers told us.
RE(363 Sales), RA(ABS Trust Investment’s), WMI unaccounted for assets, WMBFSB, WMB,,,

That’s why JPM wanted to steal WaMu.

jhdf51, don’t lose hope in escrow shares.
I’m in Kirkland.

I can say more…



Ron

Nope, Love that! This is what is real.

JHD

Whether you agree or disagree it really doesn't matter. The fact is that through eons of human interaction this behavior has been identified as what it is... Failing. 

Could not keep this Baby down!!!!!

diamondguru-one/Bbanbob, how do the preferreds play into your theory? That is, when will the preferreds get taken care of, relative to your predicted 35% drop?

thanks,
ND9

Up .88. 8 my lucky number.

JHD

GOOOOOOOOOOOOOO COOP happy for all you holders

I AGREE 100%

12.37 close...very nice.

Well I’ll believe it when I see it but I’d love to see it.

JHD

it will after hedgies...."U's" get their shares from escrows....35% drop after.....than a run to the $150/$200 bagger

Ha. Agree!

Either way people win!!!   Why because it is over 50.00

lol. Well, I’m over that philosophy. I want it to go to $200. 😊

JHD

Let it.....hopefully it go in the 90.00's doubtful.....if it does I will buy more

@ BBOB.......let me see?... you conjured all this in your fertile mind, and sticking to it until the "cows come home"....yea, thats a real good idea to waste one's precious time... Lodas

Sounds like a great story......just a story unless it is excuted..

A very good analysis and thanks for sharing your insight...Hopefully all those MSRs are being captured into some Accounts by FDIC-R and whatever the 'Split' is from those earnings for WaMu is being captured as 'due' from whoever is 'servicing' those Loans currently and eventually, we'll see the 'F&R promised' for our P, K & U holdings in WaMu. GLTU!

$112.99 new ALL-TIME HIGH======>real-time chart



$112.76 go COOP

$112.76 go COOP

🧨🔥COOP is a 💥100% BUY💥 @ barchart.com

See: https://www.barchart.com/stocks/quotes/COOP/opinion

Pick
I have suggested for yrs that, the market will reach it's all time highs as will COOP.
Then the tank takes place in the markets and during the turmoil, shares of COOP will be imho issued shares and COOP will tank , and it ALL will be unnoticed with the overall tanking of the market.
Coops shares will be issued and the PPS will drop in direct response to the 37 mill shares issued or dilution of aprox 50% shares will be scooped up as fast as they hit the market for sale.
Then imho 1-4 days later a MATERIAL Event 8K will be issued disclosing the 2.5% of money COOP will receive from the closure of the WELLS accts/or other cash.
At a later date imho there as well be some sort of merger/buy out/ JV that will include FANNY FREDDIE and LEHMAN

HUGE MEGA MULTINATIONAL FINANCIAL CONGLOMERATE and the go to for troubled/seized loans from the oncoming bank closure (JPM is too troubled imho to be allowed to take on any more loan exposure from seized banks

That's my story and I'm sticking to it.

My guess is the 1.7 TRILLION is the total of loans packaged and sold by WMB/WMI. The law stipulates that those who package and sell mprtgages must purchase at least four percent of the mortgages themselves. When you multiply ,04 times 1.7 TRILLION you come up with 628B. Rumor has it that WAMU purchased more than the four percent required by law. So, my guess is, the 635B is the value of the MBS owned by WAMU.

Nice summation as you pointed out the real possibility of what is intended to happen for escrow survival . Go escrow!

That makes perfect sense to me! Thanks!

Most of the "stuff" posted on this message board has no authentication but spurious conjectures of "shareholders" owning assets of a company...what you own in a corporation is the "equity" generated by the company assets, and valued as shares that "you own", and can be traded for their values on the stock exchange....shareholders are not responsible for the liabilities owed to Creditors if the company files bankruptcy....Do creditors come after you for their money in bankruptcy?.....NO !!!!!!! ....thats because your name is not on company assets. Creditors will claim the tangible assets of the company, if any, and shareholders cannot be sued for companies liabilities.... THATS WHY ASSETS ARE NEVER REGISTERED IN SHAREHOLDERS NAMES!!!!!!!.....as an example: Apple computer is worth trillions of dollars in cash, equiptment, etc....do you think you can ask them to give you your pro rated shares of the trillions if you own 200 shares ????....they would just tell you to sell your stock on the exchange....my point?... former holders of equity in WMI/WAMU own squat of the former company... you guys are waiting for a train that derailed 17 years ago..... Lodas

Because the overall market is down it will be back up when
the markets come back. will be down on the confusion of reorg and aditional shares.

For the same reason it went from 50.00 to 112.00 revenue stream on services....however...when government shutdown looming I believe the market will take a hit....

ANd it SHOULD BE 150 PLUS so why aint it????????????????????

THINGS THAT MAKE ME GO HMMMMMMMMMMMMMMMMMM

Let the R close and Libor to close and I think that is what will make it happen myself.

Once the R closes fdick or right before it close will make JPMC pay for what they took......

I won't lose any hope unless the R closes, libor closes and we see nothing

This is good!!

Almost 20% up this year alone

I do know that it make take another 16 years of theories or opinions but Coop right now is at 112.50....and that is a fact!!!!

And you know my opinion.. what’s the device to make it happen? Who’s going to ensure it happens? Does anyone care that it happens?

16 years and could be many more…or none.

JHD

When Rosen said that Equity could pursue those certain assets down the road later on after BK exit, I didn't actually consider that buying a servicer Nationstar (now mr cooper) in 2018 is the way to do it... interesting. I just assumed we'd just knock on doors to collect what was in various bank trust by the trustees since 2008 till 2018 - and maybe so just for those portions. I just hadn't made the connection that from 2018 and the Nationstar acquisition, that the process would be different going forward. That the process was actually more than just collecting servicing income. That it was also about pursuing the trusteed assets Rosen spoke about.

Thanks John for connecting an obvious dot for me, that I somehow missed.

Of course COOP is not going to issue millions of shares to former owners of Escrow shares which would obviously totally crash its share price.

COOP simply acquired WMIH for its NOLs and has zero obligation to give away a large chunk of the company to former shareholders of a long dissolved insolvent company.

The fact that COOP is trading near ATH tells you that no-one believes in such a scenario outside of this MB.

Yeppers good stuff

WE NEED SOMETHING TO HAPPEN for sure

Hey Bob??? This is all we need . Getting larger and larger

American Funds Washington Mutual R6 RWMGX
Morningstar Medalist Rating
Medalist Rating as of Jul 9, 2024 |
See American Funds Investment Hub

https://www.morningstar.com/funds/xnas/rwmgx/quote

Awesome. Well we are $112 now!

Shows to have hit 112.50 on sink or swim platform

COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

"Just remember in 2007 according to the banking sub comm WAMU HAD 1.7 TRILLION in loans in force, but when it was seized it only had 635 Bill, have ya not ever wondered where the other 1.1 trillion went????

SPECIAL PURPOSE VEHICLES(SPE) just maybe"


Hmm... I really like your thinking about the "SPE" Thing...Now, only If we can get ALL of our "F&R" promised back...TIA & GLTU!

BBAN,

So, When do you think it is going to happen? The Final 'F&R' promised for our WaMu P, K & Us? Its been a reeeeal Long Time waiting...

C’Mon $112!

JHD

WMI makes the statement that THEY ALONG WITH JPM, FDIC, AND WMIL-T OWNS TITLE TO ALL ASSETS!!!!!!!!!!!!!!!...... what dont you understand about that language???????....shareholders dont own squat in a corporate structure... why? because they are not liable when the company goes bk... when you lost your stock in Dendrion when the company filed bk, did Creditors come after you for losses the company suffered.... NO!!!!!! you just took the loss of your equity, and skated on and took the loss of your capital and deducted it on your income tax... WMI OWNS TITLE TO ALL ASSETS...... get used to the language and quit posting sh*t you know nothing about..... Lodas

"""BUT here is the main point ""THEY DON'T OWN THEM, THEY ONLY SERVICE THEM """""""""

Just like WELLS FARGO does and has 3 accts to which the money is paid into

WMI makes the statement that they own the Estate, and Title to all assets.... its plainly written in the documents....they also state that by signing the release signature, that any claims that could be made for a various number of post settlement of the chapter 11 was not possible...that was also in the documents that you DID NOT READ!!!!...all of your posts are speculation without any documentation.....Lodas

Sure they do how do you thunk they grew from 2009 to a """"""""""635""""""""""" bill $ corp in so few years????????

BUT here is the main point ""THEY DON'T OWN THEM, THEY ONLY SERVICE THEM """"""