Mr Cooper Group Inc (COOP) Options

Newflow, thank you for your tireless efforts researching, sharing and educating not just yourself, but us with valuable and detailed information.
I know it can be real exhausting researching and reading, day and night and night and day. You’ve been at this for so long. I commend you.

Bbanbob, I did down play that didn’t I? Like I was going to figure it out with 1/16th of information. Lol

You are not on ignore anymore.

Newflow. Bbanbob sent you a dm.

Wouldn't this just be a formality that requires a little restructuring prior to the consummation for tax purposes and other items …this is probably pretty standard.

JHD

Newflow
I tried to ask ya a bit more about this in a PM , BUT APPARENTLY you have me on ignore...... Sorry I have no idea at all what I might have done to cause you to ignore me but, I WANT YOU TO KNOW I do appreciate all that you put forth here AND REad all of it and always have and very sorry I have been put on ignore
HEHEHEE and sadly since I am on ignore it just hit me you won't even see this, so if any have his ear ya might tell him what I said...............................

Let's break down what the phrase "in the case of Mr. Cooper’s obligations to complete the Mr. Cooper Acquisition, the consummation of the Up-C Collapse" particularly means. To understand this, we need to consider the individual components:

Mr. Cooper’s obligations to complete the Mr. Cooper Acquisition: This refers to the duties and responsibilities that Mr. Cooper (likely a company) has undertaken to finalize and close a specific acquisition it is pursuing. An acquisition is when one company buys another. These obligations would be outlined in the acquisition agreement and could include things like securing financing, obtaining regulatory approvals, and fulfilling certain conditions precedent.

the consummation of the Up-C Collapse: This refers to the completion or successful execution of a specific type of corporate restructuring known as an "Up-C Collapse."

Up-C Structure: An "Up-C" (Umbrella Partnership-C Corporation) structure is a common tax structure used by companies that go public after being organized as a partnership or limited liability company (LLC). It typically involves a publicly traded C-corporation holding a controlling interest in an operating partnership or LLC. The pre-IPO owners often retain interests in the operating entity.

Up-C Collapse: An "Up-C Collapse" is a transaction or series of transactions that unwinds this Up-C structure. The goal is often to simplify the corporate structure, eliminate potential conflicts of interest, and potentially improve tax efficiency by having the entire business operate directly under the publicly traded C-corporation. This can involve the C-corporation acquiring the remaining interests in the operating partnership or merging the entities.

Putting it all together, the phrase "in the case of Mr. Cooper’s obligations to complete the Mr. Cooper Acquisition, the consummation of the Up-C Collapse" means that the successful completion of the Up-C Collapse is a relevant factor or a condition that affects or is related to Mr. Cooper's duties to finalize its acquisition.

Here are some potential interpretations of why the Up-C Collapse might be relevant to the Mr. Cooper Acquisition:

Condition Precedent: The acquisition agreement might state that Mr. Cooper is only obligated to complete the acquisition if the Up-C Collapse is successfully consummated. This means the collapse needs to happen before or at the same time as the acquisition for Mr. Cooper's obligation to be triggered.
Funding or Structure: The completion of the Up-C Collapse might be necessary for Mr. Cooper to have the financial resources or the appropriate corporate structure in place to successfully integrate the target company of the acquisition.
Strategic Alignment: The Up-C Collapse might be a strategic move by Mr. Cooper to streamline its operations or achieve certain financial goals that are considered essential for the success or rationale of the acquisition.
Regulatory Requirements: Regulatory bodies might have linked the approval or completion of the acquisition to the completion of the Up-C Collapse.
In essence, the phrase highlights a dependency or interrelationship between Mr. Cooper's acquisition plans and its internal restructuring efforts involving the Up-C structure. The consummation of the Up-C Collapse is a significant event that has implications for Mr. Cooper's ability or willingness to proceed with the acquisition.

To understand the specific meaning in a given context, you would need more information about the agreement or situation being discussed. However, the breakdown above provides a general understanding of what the phrase signifies.

A LITTLE !!! When it comes to legalese I get lost pretty quickly, SINCE THEY INTENTIONALLY WRITE IT THAT WAY

Bbanbob, it’s a little confusing, but it will take me some time to dissect the wording and figure it out. Thank you!
I feel like a 4th Grader waiting around for Christmas! Lol

Mr. Cooper Acquisition - Up-c collapse?.
(iii) the absence of any law or order issued by any governmental authority preventing the consummation of the Mr. Cooper Acquisition; and (iv) in the case of Mr. Cooper’s obligations to complete the Mr. Cooper Acquisition, the consummation of the Up-C Collapse.

I guess ya aint read what I believe and that is that SHARES are very apt to be issued...........like 37 mill of them.
Run the numbers as to what would happen if that happens and I think you will see WHY THE MARKET DOESN'T allow COOP to go up that much. As the 37 mill additional shares would pretty much put us right where we are versus where JWW thinks we ought to be % wise

So basically imho THE MARKETS have already factored in the 37 mill additional shares and that is WHY we aren't where JWW thinks we ought to be.RUN THE NUMBER YOURSELF

IN the real world chit is done on the sly so ya don't see it

an acquiring company(WMIH) forms a subsidiary (COOP) in 2018
SO now COOP merges with RKT and is a STAND ALONE IN RKT and it with the help of the GRANDPARENT (WMIC) COOP buys RKT via a reverse triangular merger.

This is the way holding co's do chit imho, and become VENTURE CAPITALISTS as well >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
I have said multiple times that I believe when this all gets put together what EVER THE NAME MAY BE, it will be like a puppy mill but instead a stock mill company that buys and creates spin offs in the future. And gives portions of the spin offs to those that deserve it since they are using LEGACY's MONEY..


I hope I am here to see a HUGE MEGA MULTINATIONAL FINANCIAL CONGLOMERATE bigger than WAMU ever was.be created

Meanwhile in the real world, WMIH stopped existing in 2018 when it merged with NSM and changed its name to COOP.

https://investors.mrcoopergroup.com/events-and-presentations/press-releases/press-release-details/2018/WMIH-Completes-Merger-with-Nationstar-Mortgage/default.aspx

LG

Don't forget the OTHER BUCKET and that is 3 WELLS FARGO ACCTS

MADB

"""You must have owned it or somehow interconnected in the past to restructure back into it.
I might understand this incorrectly, but it had to be Originally Yours in order for you to Restructure back into it.

In a reverse triangular merger, an acquiring company(WMIH) forms a subsidiary (COOP), which then merges with and into the target company (RKT). The target company survives the merger as a wholly-owned subsidiary of the acquiring company. This structure differs from a forward triangular merger where the subsidiary absorbs the target.


I think I got it right correct me ifin I am wrong

Thanks for the Confirmation.

Thanks Goodie, I’ll look into it.

Thank Large, I appreciate it. I thought I saw two response similar but the other is deleted. Was that you? It had more information.

Bbanbob, thank you. I know I read about it, but it was some time ago and I know you’ve mentioned that Lehman and WAMU are intertwined somehow, (My interpretation, not your exact words.)
I questioned this whole Acquisition, that’s not an Acquisition, but a Restructuring.
How can it be considered a Restructuring is my question?
You must have owned it or somehow interconnected in the past to restructure back into it.
I might understand this incorrectly, but it had to be Originally Yours in order for you to Restructure back into it. Did they put Company back into the Original Company Structure? Hence, the Merger and then the Forward Split. Minus the 1 Share for the Cost of Doing Business.
Now, they have the outstanding shares through Rocket and not Dilute COOP. Just a theory.

J, yes, it was. Thank you.

spend time Well, as you get older, you realize life isn’t about money beyond what you need to sustain life.It is unfortunate that this is something we seem to realize much too late in life. It is a philosophy that should be passed on to our children early on in their lives. The end result, in my opinion, is that they will have lived a much more fulfilling life being able to spend time concentrating on things much more important.

Is that Aurora Bank? It was like a subsidiary of Lehman.

JHD

MAD B

Lehman Brothers Bank changed its name to Aurora Bank in 2009, after the collapse of its parent company, Lehman Brothers Holdings Inc. In 2012, Aurora Bank sold most of its assets and deposits, and in 2013, it relinquished its banking charter.

Thank you Big…well it’s a lifelong thing now to manage, but we’ll manage it. She’s here. That’s all I need. 🙏

JHD

Thank you. Well, as you get older, you realize life isn’t about money beyond what you need to sustain life.
I got all this stock and great things happening in the future here …all the money from the sale of my businesses and we go along and then get hit with something like this you realize wow I think maybe my priorities need to be rearranged a bit.

Though I’ve never been a show boat. I do have a couple nice cars but we still live in the same home we moved into on this property when we were 25 I think maybe it’s 1300 ft.² tore down this old homestead that’s been here for years to one wall and rebuilt it into something small but comfortable and I was gone 10 to 11 hours a day six days a week for all those years…..it ain’t much when people know what I’ve done and only one or two close friends know what we have then see the house they laugh their ass off. Raised my kids here. When you got in an argument, you couldn’t run very far you’d hit the wall..

Yep, I live on this hundred acres that’s been in the family since I was 12 . Two miles from where I was born . I was born on Good Friday the day Jesus died …quite a swap of circumstances.

My 100-year-old mom lives on the property and my brother who is older than I he and his wife spend a lot of time in Arizona and I do most of the work on the grounds, Kabota tractor pulling a triple blade mower weed eating ponds, overseeing the ponds getting cleaned out by my friend who brought his excavator and I hired two dump trucks to run from the ponds to the back of the property to dump all the hundreds of yards of fill, mostly clay that came out of those 3 ponds now having to reseed part of the fields for the steel tracks ripped up the grass. Plus constantly picking up limbs dealing with trees that have fallen due to the nature of old alders…It’s constant and a lot and maybe it means we need to move. I don’t know ..breaks my heart..

I had a 35 year career … she supported me every bit of the way so it ain’t about me anymore. Decisions…
Oh yes, the best thing about today is I get to go bring her home and I’ve already cleaned the fire pit out in the yard in the back and we’re just gonna sit with a nice fire… and I’m gonna sit in awe of her strength and thank God with how lucky I am. Oh yeah, Plus a special prayer to you and your wife who has cancer.

JHD

MAD B
“This Receivership(NV and WA) is Terminated.”
Then and only then is when I will put it to bed. Final Cash Distribution is different from, Final Dividend Distribution.
Using the Projected 2008 Scheme 12 IRS blah blah blah there is not enough, but using 2025 Numbers and Valuation the Accounting will be much different.
""""""""""""""""""""They are not Blatantly lying, but still are Omitting the Truth""""""""""""""""""""


That last line pretty much cums it up to me as that is how it has always been and the ""EXIGENT CIRCUMSTANCES" and "THEY NEED NOT KNOW WHAT THE VALUE IS that is letf but it will be there for them to go after"" comment showed us that as well

Jhd51 I’m so sorry to hear about your wife’s condition. I hope she gets better soon.

Only 5 BUSINESS DAYS until COOP Q1'25 earnings (pre-market)

See: https://www.businesswire.com/news/home/20250409358761/en/Mr.-Cooper-Group-Inc.-to-Release-First-Quarter-2025-Financial-Results-on-April-23-2025

I hope she gets the care she needs jhd, my prayers go out for her healing. Kind of strange she needs to be set up with a rheumatologist locally to get on the prednisone, but what can you do I guess. My wife is dealing with cancer issues again right now, but her doctor is a real positive individual, and feels they will be able to manage it.

You do what you can, and appreciate each day that comes.

“DEBTOR IN POSSESSION” everything just clicked.
Pass through Entities
Name changes
Rocket is WMI! (DEBTOR IN POSSESSION) Assets of the assets that are not Part of the Bankruptcy!
Just my WAG! Nothing is By Chance with these People!
They did the same thing with Lehman Bank.
Lehman Bank had a name change. I can’t remember it at the moment but it started with the letter A.

"( Once upon time the information was on the Investopedia site, but I opened my mouth on this board an after 7/26/2021 it was removed.) I know what I read and where. I visited the site and reread it several times until I opened my mouth here and only here. Then It was gone."

Have you tried searching Internet Archive?

https://archive.org/

Internet Archive is a non-profit library of millions of free texts, movies, software, music, websites, and more.

It all depends on what is the in the buckets!! lol! Just kidding! It’s almost impossible to know how long this process will take! They are professionals at prolonging any process with the law ! It has to end some time!!!! Won’t be too dam soon for me though! Good luck to those who released!

PRICE TARGETS for RKT==>COOP will be exchanged to 11 RKT shares in the ACQUISITION DEAL

See: https://fintel.io/sfo/us/rkt

HIGHEST target for RKT is $18.90 ===> 11 x $18.90 = $207.90 for COOP

Mad, great summation and spot-on correct. I too believe what you just mentioned is one bucket, another bucket is what JPM owes according to Amended POR 7 signed by the court on 2/23/2012 and a third bucket will be separate of the FDIC and bankruptcy cases and that is the big money in Safe Harbor which would be set up in DSTs.

…

💥RAISED💥 COOP PPS targets==>Barclays:$147 (from $130), Compass Point:$146 (from $110), Piper Sandler:$143 (from $125), KBW:$143 (from $115), DEUTSCHE BANK:$137, UBS:$135, JMP Securities:$115, Wedbush:$115

Just my opinion. It’s not over until the FDIC says, “This Receivership(NV and WA) is Terminated.”
Then and only then is when I will put it to bed.

Yes, I will agree that there is a sliver of hope. A chance of something as long as it’s open.

JHD

Very kind …

Yes I’m in the Pacific Northwest. We actually had her at Saint Joseph Hospital in Bellingham and they want us to see a rheumatologist. I think her name is Stephanie Miller. She used to work at John Hopkins. She needs to be on prednisone right away because they’ve been giving her high dose steroids through intravenous feed.

I understand that the University of Washington Roosevelt has a fast track clinic for GCA , and of course they have a pretty good reputation for research and maybe they would be good to get hooked up with ..the doctor said he would refer me if we wanted a referral (I brought the U up)…but he said that may take some time to get in but right now she needs to be set up with a rheumatologist locally to get on the prednisone.

JHD

Pick, you are correct. Let me add. WMI owns all of the canceled shares and a Creditor to the ongoing claims against JPMorgan, and we(Shareholders) are Creditors and Beneficiaries of the Estate just the same. “Riding the Coattails,”as Honorable Judge Mary Walrath phrased.
Holders of Canceled Escrow Shares in Bankruptcy are Beneficiaries of the Estate.
( Once upon time the information was on the Investopedia site, but I opened my mouth on this board an after 7/26/2021 it was removed.) I know what I read and where. I visited the site and reread it several times until I opened my mouth here and only here. Then It was gone.
Just my opinion. It’s not over until the FDIC says, “This Receivership(NV and WA) is Terminated.”
Then and only then is when I will put it to bed. Final Cash Distribution is different from, Final Dividend Distribution.
Using the Projected 2008 Scheme 12 IRS blah blah blah there is not enough, but using 2025 Numbers and Valuation the Accounting will be much different.
They are not Blatantly lying, but still are Omitting the Truth.

jhdf51,
Total respect to you that your 'Wife' is your 'Life'...I'm certain she's safe and has the best that anyone could offer.

My last indirect, self prescribed intervention to your personal life - Again, on the proactive direction: Interventional Radiology (IR Radiologists') play a limited but emerging role in the diagnosis and treatment of Polymyalgia Rheumatica (PMR) and related Giant Cell Arteritis (GCA). I believe you're of the Northwest territory, where several Top Notch practicing IR Radiologists reside, I can't speak to their clinical expertise to any trials for Polymyalgia / GCA treatments or successes..?

God Speed to your wife for a painless recovery & take care of yourself, too.

That is so kind of you to reach out. I know many lurk in the shadows and I probably should because being here making comments can get you in trouble and it’s not worth the stress.. I know the doctor said they really don’t know what causes it could be stress related. It is an immuno compromise thing so I will definitely take you up on that and make sure that I’m diligent with her on those tests going to a low inflammatory diet, keeping her exercise up maybe some meditation to help her reduce her stress

And of course I need to reduce mine because she’s my life.

Warm regards,

JHD

JHD

jhdf51,
Thoughts and prayers to you and your wife during this very trying time. I usually lurk in the shadows of all the different opinions expressed regarding WMIH/RKT/Receivership/DTCC, etc..., however, yours is an area I have retired familiarity and clinical knowledge. Be diligent with your wife on scheduling BMD's (Bone Mineral Density) testing and DEXA Scan's. I'm certain your Primary Care has informed you, nevertheless, doesn't hurt to be proactive!

Thanks LG. Yeah I’ll do my best to take care of her figure out a new meal plan cause she has to be on a low inflammatory diet. Prednisone long term raises blood sugar and causes fluid retention. So lots of figuring out to do.

JHD

Thank you.. very kind. Kind of a scary time right now.

JHD

Thank you, yes.. and many more!

JHD

How long is that going to take? Aren't there some banks hundreds of times smaller than WAMU that are STILL under receivership?

Jhd, My prayers go out to you and your wife.

That is amazing...everyday is a blessing 

Jhdf51, very sorry to hear about your wife. Hope and prayers coming her way and she is very fortunate to have you helping her get through this illness.

Take care and wishing you the very best!

…

Man I appreciate that.. she’s a beauty we’ve been married 43 years.

JHD

You have my prayers....