Mr Cooper Group Inc (COOP) Quote

Pick, there are filings that prohibits the Public from knowing who the Ultimate Parent Company is. So, my educated guess would be:

Ultimate Parent = The International Monetary Fund
Direct Parent = Federal Government DBA/WMI, INC.

💥Fannie and Freddie release coming? pic.twitter.com/VRmG8UcNsl— Pulte (@pulte) May 21, 2025

So what are you saying? Please name it?
Timing of resolve.. Pay window.
Are you of the belief COOP goes private and WMI swoops in and purchases Rocket companies and Mason goes “What the?”

JHD

IMO, The decree was approved to close WMILT in Jan 2020.

Paladin Acquisitions Corp.(DE) and Paladin Acquisitions Corporation(TX) were formed in around June-Sept of 2021.

And probably moved the books and records and dissolved WMILT by Dec 2021.

In Aug-Sept Paladin Acquisitions Corp.(DE) filed for "Long-Form" dissolution, by doing that the status gets extended thru Aug-Sept 2026 and beyond if the DE chancery court approves. The directors(new and old) get protections from creditors under the purview of the court. They could do a final distribution after everything is resolved.

F&F RMBS Securitizations in 2008.

How Much Was Securitized?

I have seen numbers posted of ~$7 Trillion for FNMA, and ~$3.5 Trillion for FMCC.

WMB securitized $2 Trillion in RMBS, but doesn’t have the same value in Bonds and Preferred offerings.

The backing for these offerings far exceeds the face value offerings for Bonds and Preferred offerings.

There is major money in the background awaiting to be released from DST’s.

Bonds and Preferred holders are not an issue. All paid in full with a bonus because the Trust is overfunded.

WMB doesn’t have $2 Trillion in Bonds and Preferred Stock offerings in the market.

Why No Litigation for Put backs?



Please consider;
Did F&F Do the Same as WMI/WMB?

! Bonds, Preferred Stock!!
Did F&F over fund their securities like WMI/WMB did?



My post on COOP/WMIH with edits;
“WMB Over Secured the Securities.

On the Frontside.

Thus; prepaid the Put-backs to the Trusts for loans in default.


The WMB EURO Notes was backed by $26 Billion for a $13 Billion Note offering on the Luxembourg Exchange.

The WM Preferred Funding’s Series R was backed by $6 Billion to cover a$3 Billion offering out of the Caymans.

An absolutely amazing way to protect the Bank from the Community Reinvestment Act.

Again, according to the FDIC, “WMB securitized $2 Trillion in RMBS of which $500 Billion was sold to F&F.”

Securitized into the Trust portfolio, but not the stated value for the offering.


The Math;
Loan loss ratio from Globic is 11.9%.
11.9% of $2 Trillion is $238 Billion. But the put backs are already covered because they are already in the Trust.
2X profitability versus a 11.9% covered loss.
The Derivative Contracts still need to cover the Trusts losses.

Need more numbers?

Plus the over funding of the Trusts increases the Performance Payment.


When things don’t make sense!
Follow the Math of the Money.”

When LIBOR settles, all the money currently held in DST is returned back to the certificate holders.
Lehman’s, WMI/WMB, F&F.



Ron

Yes, take your COOP shares x 11. Same thing. So if you hold 1000 COOP shares you will have 11,000 Rocket shares. At least that’s my understanding.

JHD

[b]Fannie and Freddy going public?

https://www.thegatewaypundit.com/2025/05/president-trump-considers-taking-mortgage-giants-fannie-mae/

Newflow, https://www.morrisanderson.com/delawares-long-form-dissolution-statute-an-underutilized-alternative/

Serafino, My assumption is correction of the void @$115.

11 times coop shares would be nice, but in reality it is 11 🚀 shares for every coop share

Completing the Wind-up and Distributing Remaining Assets
After completing the court proceedings, the corporation must pay any proper claims that have not been rejected, post any security offered to contingent contractual claimants and post any other security ordered by the Court of Chancery.[26] The corporation must also pay or provide for in full any additional claims that are finally determined to be owing by the corporation during the dissolution.[27] Any remaining funds may be distributed to the stockholders.[28]

Directors who complete the long-form dissolution process in accordance with the DGCL cannot be held personally liable to the claimants of the dissolved corporation.[29] Even if the Court of Chancery process results in a larger holdback as security for potential claimants than the board of directors might have desired, there is a substantial benefit to the directors in having that determination made ex ante (before the corporation’s funds are distributed) rather than ex post (after the fact), when personal liability might be the only remedy.[30]

Corporate Existence
Regardless of when the wind-up is completed, the corporation’s existence will continue for a minimum of three years after the filing of the certificate of dissolution.[31] During that period, the corporation’s existence is limited to winding-up its affairs, which includes prosecuting and defending against suits.[32] At the end of the period, the legal existence of the corporation will cease unless the corporation is a party to an action, suit or proceeding[33] or the Court of Chancery orders that the corporation shall exist for a longer period.[34] At that point, the former officers and directors of the corporation no longer have any authority to act on behalf of the corporation; however, the Court, on application of any creditor, stockholder, director or other person who shows good cause, can appoint a receiver to act for a dissolved corporation.[35] Corporations involved in prolonged litigation or that have substantial long-tail liabilities (such as exposure to future asbestos claims) can petition the Court to continue in existence for longer than the minimum three-year period.[36]
https://www.morrisanderson.com/delawares-long-form-dissolution-statute-an-underutilized-alternative/#:~:text=Regardless%20of%20when%20the%20wind,%2Dyear%20period.%5B36%5D

What is long-form dissolution and why Paladin chose it?
https://content.next.westlaw.com/practical-law/document/I310ae9567ca111ed8636e1a02dc72ff6/Plan-of-Complete-Liquidation-and-Dissolution-DE-Corporation-Safe-Harbor-Procedure?viewType=FullText&transitionType=Default&contextData=(sc.Default)&bhcp=1

A >65k BUY at the close

Very kind of you to say. Yes they were and thank you!

JHD

The market is off ...rates are up...simple stuff and none matters until the Rocket takeover...then it is 11X your COOP shares IF you hold any, plus a $2 per Coop share dividend then focusing on Rocket growth with an eye on lower rates and explosive growth and a $30+ share price.

JHD

JHD, that is a truly awesome story! its very obvious the Beasley's played a significant roll in shaping your character in a very positive manner. Just my perspective, good moral elderly people in an adolescence life these days are very slim. Thank you for sharing.

Regards

Amazing. So that is your signal that “good news” may be coming. Laughable at best!

NHT, Both AZ and Bop (on BP), have almost stopped posting on WAMU related stuff. (Off topic does not count)
Hoping for some good news.
GLTA

Better hurry and buy coop or RKT share to join in on the fun

What happened?Today sell-off , almost 1 million shares they changed .
Is there any news ?over 5% down

Yes split. You know I’ve always loved older people . I have since I was a child. I just felt more comfortable with them; the knowledge and the wisdom and the protection -the warmth and the grace. I had neighbors, Mr. and Mrs. Beasley and I would walk my Bubble Mower behind Mr. Beasley as he mowed his yard and as it moved, colorful plastic balls would pop and rattle inside a clear dome, making a fun popping sound. I always felt like I was actually mowing the yard…and then he would sit and whittle in his shed, I would just watch him and he let me pick peas from his garden.

When he passed away, I would take my guitar over to play for Mrs. Beasley. I was probably 15 and we’d sit in her small living room and I remember looking over her left shoulder and seeing a framed picture of Jesus, you know the one that all the churches had..
And just like when I was that little boy and then a more grown-up version at 15, she still gave me the butter mints that she always handed me when I would come over.

They were a huge part of my childhood, so much so that I have a 1968 Austin Healey and the license plate on the back says “Beasley.”

In a way, they’re with me wherever I go.

Regards,

JHD

I only wish I was 75! Actually, I must have been in the 1st or 2nd grade as I was 7 years old.

I fondly recall receiving an apple each day as we boarded the school bus on our way back home. Those were the good old days!

You are still young...a lot of years left.

Yep forgot to add the five that makes 80.

JHD

KEEP GOING

Probably a policy of the new Trump-appointed FDIC chairman.

So Ordered, Deutsche Bank terminated 
https://www.docketbird.com/court-cases/In-Re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262

There is no connection between escrows and COOP, RKT, or the proposed merger (which involves no any entity other than COOP and RKT). None. People who hypothesize about obviously meaningless connections to the contrary have a serious case of apophenia. What the world is and what you want it to be, how the world works and and how you want to believe it works, are not the same.

 Who is the ultimate parent and who is the direct parent.just asking for clarification...Thank you

Great Post, Buddy....keep it coming

Love the winning attitude!!!!!!

So that’s gotta put you somewhere around 75.
The year I graduated high school.

JHD

Oh my Conway! Love that!

Many of you might not have caught the Dallas news this morning about COOP and RKTand their dreadful tactics several years ago. Nothing but a planted story to drive the PPS down on both stocks. The ambulance chasers and shorters are doing every thing possible to pick up stock. I BOUGHT RKT this morning as I believe it will recover shortly. MORE THAN ONE CAN PLAY THE GAME.

FORM 8937 filed by COOP says LTIs were issued for cancelled equity, and 2018 10-K filed by WMILT mentioned that some LTIs were issued and transferred those LTIs using certain financial vehicles for the benefit of beneficiaries of those vehicles and for which WMILT was not consent to release any info?. Is this even legal?.

You just think your old... I' m several years your senior! In 1950 I attended kindergarten in Conway.

Yes great point Split. I have all my COOP shares and sold a ton of common to get more P way back when...Im old now. 😀

JHD

Split T

"" Life is a gamble and so far I'm a winner.""
Any day one wakes up, makes them a winner

As far as this thing goes , I think we all will be winners in the end...........

jhd51, I'm beginning to think that there are very few of us that have held onto our COOP shares. I held onto all my WAMUQ's and released them as well as my P's and K's that were held for insurance, however it may have been a dumb mistake not selling the Q's and buying more P's. Only time will tell, but for sure I'm happy where I am at the present time.

COOP is like an oil well, you never know what the Price of oil will be or when a well will play out. Life is a gamble and so far I'm a winner.

The bigger point was just coming on and posting links and having to wade thru all this crap … it’s actually nutty …what’s been said has been said and by November you’ll know. Hopefully.

JHD

💥💥LATEST $COOP PPS targets==>Barclays:$147, Compass Point:$146, UBS:$145, Piper Sandler:$143, KBW:$143, DEUTSCHE BANK:$137, JMP Securities:$115, Wedbush:$115

Good morning people Hi jhd. What you said/posted is correct “ You’re either totally right or you’re totally off base”but could that also be said to the other side of the fence “ Stick with the story of the present. Coop is at $132+. This is actually great news for those that actually OWN COOP. Take a walk in the woods and relax.”

Please remember I am a COOP shareholder and once had K escrows also that I could see😳🤔😂

Have a great day people GLTA-Ts

Lodas, Technically Rosen didn’t Lie, but he didn’t state the Truth either. WMI DOESNT HOLD ANYTHING THEY(WMI) JUST OWN THE STOCK OF THE COMPANY THAT OWN AND CONTROL THE MBS ASSETS.

Remember the Structure:
CONTROL. Ultimate Parent
DISTRIBUTION Direct Parent
SUB 1 Sub
SUB 2. Sub
SUB 3. Sub
SUB 4 Sub

Wow man.. give it a rest. You just have to be so right
You’re going to find out in November what’s going down. You’re either totally right or you’re totally off base. Maybe COOP calls off the deal.. maybe Wmi swoops in and buys Rocket. Maybe you get $30,000 to $60,000 for your P’s. Maybe you get egg on your face. But enough posting links and crap that is getting boring. Stick with the story of the present. Coop is at $132+. This is actually great news for those that actually OWN COOP. Take a walk in the woods and relax.

JHD

What is the meaning of "application of Liquidating Trust Assets"?.

Can somebody sticky it, thanks.

LTIs were issued in exchange for Cancelled Equity in a book-entry form.
https://s203.q4cdn.com/464899268/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf

It is happening to Hide the sausage which we are intitled to. IPO for the addition raising of money from JPM IMO. If not we are screwed again.

Holding above 125.00.....very good

RKT currently @ $13.08====>COOP should be @ $141.88 (=11 x $13.08 - $2 special dividend)