Mr Cooper Group Inc (COOP) Quote

Bray also reintroduced Pyro, Mr. Cooper’s patented mortgage-centric AI platform that the company has been developing since 2019 in partnership with Google. The platform harnesses the power of machine learning and Google Cloud Document AI capabilities to identify and sort thousands of important documents.

https://www.housingwire.com/articles/mr-cooper-delivers-181m-profit-in-q1-2024/

Mr. Cooper’s patented mortgage-centric AI platform that the company has been developing since 2019 in partnership with Google.

https://pyroai.com/


Go $COOP!!!

Yes all very exciting.

JHD

Az COOP was over leveraged before this report. Now they have added an additional $1B in bonds. Yet I do not see an additional $1B on the balance sheet. What is missing?

Semper Fi

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
X Yes
https://www.sec.gov/Archives/edgar/data/1876566/000187656623000001/xslFormDX01/primary_doc.xml

>>>>>Mr. Cooper Group report top and bottom-line beat in Q1

https://www.investing.com/news/stock-market-news/mr-cooper-group-report-top-and-bottomline-beat-in-q1-93CH-3393549

LATEST $COOP price targets==>Compass Point:$95, Piper Sandler:$88, DEUTSCHE BANK:$88, UBS:$86, KBW:$86, Barclays:$85, Wedbush:$85

And right on cue, they bring it into the red....

Only cactus opinion matters…..yet if he was even close to being right…a distribution would occur just for the interest….yet nothing….

Translation please. XOOM, help.

Quote: “... only allows for a "ONE" Sided Opinion ~ “

One sided opinion—cactus….yet for years….soon has brought nothing….except a make believe payment to only cactus….you can not make this up…

~ hmm' ! ... "WMI / WMIH / now symbol COOP" ... only allows for a "ONE" Sided Opinion ~

necessary to control, and simply more proof' ... later'

just sayin'

AZ

Lower rates, higher volume

Trump in.. lower rates.

JHD

And doing this at a time when many people are saying the economics of our nation are in disarray.. if this is the case wait till this whole monster turns around.

JHD

did you read the documents posted in the POR amended 7?????.... I am not the subject of the discussion here. your expectation of money is!!!!!.... the documents say YOU HAVE NO RIGHTS TO ANY VALUES OF THE ESTATE EXPRESSED EITHER PRE, OR POST CHAPTER 11 BANKRUPTCY CLOSURE.... there is no language in this POR that states shareholders own the estate once the chapter 11 closes, or will ever own anything beyond what was given in return for your release signature.... who told you that the estate will revert to you (shareholders)???... were you told this by other people?... WMI certainly did not tell you that the estate belongs to you in the POR 7...
you are not a shareholder with any rights to former assets of WAMU, WMI, WMIH once you signed the release signature... read the release conditions again, the way it reads, not the way you want it to read!!!!....by the way, you are partially correct, shareholders own the remainder of A-L= shareholders retained earnings, but NOT UNTIL THE COMPANY FILES CHAPTER 7!!!!!.... I may remind you, WMI went through a chapter 11 restructuring, and is QUITE LIVE AND WELL, AND IS NOT DECEASED.......why dont you call the BOD of Coop, and ask for your share of the estate of WAMU, or WMI....get back with me when you get an answer.... Lodas

JWW, thanks!:)

CHART👉👉👉BREAKOUT of 4th BULLISH FLAG after GREAT EARNINGS

(click to zoom in)

No, shareholders are not before the company.. That is flat out wrong. There is a reason shareholders are always last in line for payout in the chapter 11 process, and why a vast majority of the time, receive absolutely nothing..even when a reorganized company comes out of the bankruptcy.

How has telling each other lies for the last 15 years worked out? It hasn't... In fact, it's led to 100% fantasy failure.. Fantasy nonsense doesn't fair well in the world of reality.

GO $COOP!!

Solid numbers today ..IMO,$100next call,$120 by year end.

Next year...maybe $200 by year end

But,will need much lower rates,and more inventory...to get there.

you are interpreting the POR 7 the way you want it to say.... It says ALL ASSETS BELONG TO THE REORGANIZED DEBTOR, JPM, THE FDIC!!!!!!!.....it also goes on to say that you gave up all the values of the former company in exchange for your release, in all values expressed, or not expressed to the court FOREVER, AND THAT THE ESTATE BELONGS TO THE FORMER COMPANY, AND THAT NO FUTURE PAYOUTS ARE COMING AFTER THE CHAPTER 11 CLOSED FROM ANY SOURCES.... DID YOU READ THAT??????.... Lodas

sCOOPing up shares, could easily close $84+ today IMO

Only positive things in the call up to now! And earnings are great!

How is it possible that the share price of COOP at 9:50 AM EST is below yesterday’s closing price? I’m sure someone here has an explanation.

COOP 78.89 -0.59 -0.74%

Thank you.

That can be answered by the entity managing the asset, but simply put divide the asset by the number of units outstanding, pick a specific point in time and adjust for any subtractions to the revenue stream. KKR may not have been the only subtractions as instruments don't manage themselves and if they were used for others things? So, you can WAG it but w/o all the information... hard to say.

They are still using their DTAs (from WMI) to minimize tax payments...

They said "MOMENTUM WILL CONTINUE in Q2"

You purchased the bond correct? You have been following along since your purchased the bond right? You can add up what KKR was paid and own some form of calculator. I simply corrected your calculation error and pointed out you would be owed a FT more than you thought. I don't own the bond and I am not due any payout from it, so this is kind of on the owners of those instruments to follow along. I can tell you when instruments I own pay out but I dont really think anyone cares about that. One thing is clear, KKR got paid and I believe you will too!.

I've noticed in past earning calls that they tend to run it down ,from open until webcast...then up we go.

I'm sure the same will be true today,since I've not read anything negative to suggest anything but blue sky ahead!

So firstly, your statement was false concerning the 2013 10K. It was not in there although repeated and referenced many times.

Second, your new reference is correct but pay very close attention to what it actually states which is only partially supportive of your posit.

"Except as provided in Confirmation Order, on the Effective Date, title to all assets and properties encompassed by the Plan shall vest in the Reorganized Debtors, Reorganized WMI, the Liquidating Trust, the JPMC Entities or the FDIC Receiver, as the case may be, free and clear of all Liens and in accordance with sections 363 and 1141 of the Bankruptcy Code, and the Confirmation Order shall be a judicial determination of discharge of the liabilities of the Debtors and the Debtors in Possession except as provided in the Plan."

The judge did not allow all assets to be included in the plan. Most WMB assets went to JPMC and the FDIC. The largest chunk being ~184B in deposits which of course JPM would be on the hook to pay back to the former customers of WAMU. Once that is removed, ~60% of assets are addressed.

Remember, in any company Assets = Liabilities (- ) Stock holder equity. SE was ~28-29B, so consider about 92+% of assets were attached to liabilities that the court, LT, FDIC, WMIH paid out to claims approved.

However, those were assets listed in the last 2008 WMI 10K (starting point ), dust settles, 2013 10K. Now consider the financial instruments running outside of the WMB Ch 7 (all assets paid out or transferred), and the WMI Ch 11 reorganization ( many claims against assets, but certainly not all) Tax benefits?

WMI was required to hold interest(s) in the financial instruments they produced in the USA and abroad, MBS,ABS, CMBS, in addition had streams from BONDS. Several times in court people were shut down trying to pull those in but they were primarily owned by the purchasers and in staggering amounts. Had that veil been pierced? It would have plunged the world markets, companies, pensions, etc.. into chaos and would have infected all the other financial instruments issued by other entities. They were backed by residential, commercial real estate, and other pledged assets. So, rightfully and wisely, NOT in consideration. Otherwise 2008 would have been a complete collapse.

Now 15+ years later, surprise! most people paid off those mortgages, refinanced at very low rates, same in commercial, assets matured and continue to mature on the longer duration, and that required piece WMI had to hold along with income streams from the bonds... Viola. The restructuring that left the last claimants in line... they may have extinguished the tradable stock certificates, but all companies, corporations ultimately belong to the share holders. A = L - SE.

Will any payouts come from the final FDIC closure? Will the parent pay out a reconciliation once the dust has settled? Do they legally have a choice?
COOP is a registrant sub reporting exactly what it is required to report and nothing more. Doing extremely well due to the many advantages of the parent, tax credits, etc... Please don't act like your here for altruistic reasons. You might not be happy with the amount of time it has taken, nobody is, but don't pick apart certain statements and ad lib to SEC documents. Some of us know which way the wind blows, we just don't know exactly when.

>>>>WEBCAST and PRESENTATION for 10:00 A.M. ET call here<<<<

Audio webcast: https://edge.media-server.com/mmc/p/76aaah9o/

Presentation: https://s1.q4cdn.com/275823140/files/doc_financials/2024/q1/1Q-24-Earnings-Presentation-FINAL.pdf

How is it possible that the share price of COOP at 9:50 AM EST is below yesterday’s closing price? I’m sure someone here has an explanation.

COOP 78.89 -0.59 -0.74%

Mr. Cooper EPS of $2.73 BEATS BY $0.64, revenue of $564M BEATS BY $60.09M

Mr. Cooper GAAP EPS of $2.73 beats by $0.64, revenue of $564M beats by $60.09M

From: https://seekingalpha.com/news/4093017-mr-cooper-gaap-eps-of-273-beats-by-064-revenue-of-564m-beats-by-6009m

When they set BUY PRICE too low they encourage MMs to drop the PPS IMO. So looks like they are very confident in a rising COOP PPS

Yeah, it’s the same every quarter. The average price of buyback is above the average trading price for that quarter, they need a new broker, lol

They obviously did not mess around with the price. Looks like confident buying. Hopefully, we finally see the full picture in the near future.

Congratulations! Great Timing.

Yeah, it’s the same every quarter. The average price of buyback is above the average trading price for that quarter, they need a new broker, lol

Good morning people Pre- 82.20 just a few minutes ago .the news/word issss out 😉💥 let’s hope it holds up or near at least .ya never know with COOP-OTIS

Pre-Market Trades

Pre-Market Time (ET) Pre-Market Price Pre-Market Share Volume
08:00:00 $82.2 146
07:14:22 $79.5 74
07:12:48 $80.21 25
07:12:48 $80 1


GoGoooooCOOP GLTA-Ts 😀

"Repurchased 0.5 million shares of common stock for $39 million "

$78 per share? Sounds a bit high....

FANTASTIC Q1, BV increased, $1.1 TRILLION portfolio now, bought back 500.000 ADDITIONAL shares...

Great times ahead!

Mr. Cooper Group (COOP) reported earnings of $2.73 per share on for the first quarter ended March 2024. The consensus earnings estimate was $2.11 per share on revenue of $493.90 million. The company beat consensus estimates by 29.38%.

Time to increase those price targets!

👉👉👉Mr. Cooper Group Reports First Quarter 2024 Results

https://www.businesswire.com/news/home/20240424284765/en/Mr.-Cooper-Group-Reports-First-Quarter-2024-Results

Mr. Cooper Group (COOP) reported earnings of $2.73 per share on for the first quarter ended March 2024. The consensus earnings estimate was $2.11 per share on revenue of $493.90 million. The company beat consensus estimates by 29.38%.

Mr. Cooper Group Reports First Quarter 2024 Results
Reported net income of $181 million including other mark-to-market of $42 million, equivalent to ROCE of 16.7% and operating ROTCE of 14.5%
Book value per share and tangible book value per share increased to $68.06 and $65.48
Servicing portfolio grew 33% y/y to $1,136 billion
Repurchased 0.5 million shares of common stock for $39 million
Issued $1 billion senior notes maturing 2032 with coupon of 7.125%

https://www.businesswire.com/news/home/20240424284765/en/Mr.-Cooper-Group-Reports-First-Quarter-2024-Results#:~:text=(NASDAQ%3A%20COOP)%20(the,operating%20income%20of%20%24199%20million.

“…. Encompassed by the Plan….”

@ DarkB4Dawn and AZ Cowboy.....the following statements are from the POR 7 amended Plan of Reorganization....
41.1 Title to Assets: Except as provided in Confirmation Order, on the Effective Date, title to all assets and properties encompassed by the Plan shall vest in the Reorganized Debtors, Reorganized WMI, the Liquidating Trust, the JPMC Entities or the FDIC Receiver, as the case may be, free and clear of all Liens and in accordance with sections 363 and 1141 of the Bankruptcy Code, and the Confirmation Order shall be a judicial determination of



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discharge of the liabilities of the Debtors and the Debtors in Possession except as provided in the Plan.

41.2 Discharge and Release of Claims and Termination of Equity Interests:

(a) Except as expressly provided in Section 41.6 of the Plan or the Confirmation Order, all distributions and rights afforded under the Plan and the treatment of Claims and Equity Interests under the Plan shall be, and shall be deemed to be, in exchange for, and in complete satisfaction, settlement, discharge and release of, all Claims and any other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities of any nature whatsoever, and of all Equity Interests, or other rights of a holder of an Equity Interest, relating to any of the Debtors or the Reorganized Debtors or any of their respective assets, property and estates, or interests of any nature whatsoever, including any interest accrued on such Claims from and after the Petition Date, and regardless of whether any property will have been distributed or retained pursuant to the Plan on account of such Claims or other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities, or Equity Interests or other rights of a holder of an equity security or other ownership interest. Upon the Effective Date, the Debtors and the Reorganized Debtors shall (i) be deemed discharged under section 1141(d)(1)(A) of the Bankruptcy Code and released from any and all Claims and any other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities, and any Equity Interests or other rights of a holder of an equity security or other ownership interest, of any nature whatsoever, including, without limitation, liabilities that arose before the Effective Date (including prior to the Petition Date), and all debts of the kind specified in sections 502(g), 502(h) or 502(i) of the Bankruptcy Code, whether or not (a) a proof of Claim based upon such debt is filed or deemed filed under section 501 of the Bankruptcy Code, (b) a Claim based upon such debt is allowed under section 502 of the Bankruptcy Code (or is otherwise resolved), or (c) the holder of a Claim based upon such debt voted to accept the Plan and (ii) terminate and cancel all rights of any equity security holder in any of the Debtors and all Equity Interests.

(b) Except as provided in Sections 41.6 and 41.12 of the Plan or the Confirmation Order, all Entities shall be precluded from asserting against any and each of the Debtors and the Reorganized Debtors, and any and each of their respective assets, property and estates, any other or further Claims, or any other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities of any nature whatsoever, and of all Equity Interests, or other rights of a holder of an Equity Interest, relating to any of the Debtors or the Reorganized Debtors or any of their respective assets, property and estates, including any interest accrued on such Claims from and after the Petition Date, and regardless of whether any property will have been distributed or retained pursuant to the Plan on account of such Claims or other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities, or Equity Interests or other rights of a holder of an equity security or other ownership interest. In accordance with the foregoing, except as expressly provided in the Plan or the Confirmation Order, the Confirmation Order shall constitute a judicial determination, as of the Effective Date, of the discharge and release of all such Claims or other obligations, suits, judgments, damages, debts, rights, remedies, causes of action or liabilities, and any Equity Interests, or other rights of a holder of an equity interest and termination of all rights of any such holder in any of the Debtors, pursuant to sections 524 and 1141 of the Bankruptcy Code, and such discharge shall



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void and extinguish any judgment obtained against any of the Debtors or the Reorganized Debtors, and their respective assets, property and estates at any time, to the extent such judgment is related to a discharged Claim, debt or liability or terminated right of any holder of any Equity Interest in any of the Debtors. As of the Effective Date, and in consideration for the value provided under the Global Settlement Agreement to effectuate the Plan, each holder of a Claim or Equity Interest in any Class under this Plan shall be and hereby is deemed to release and forever waive and discharge as against each and any of the Debtors and the Reorganized Debtors, and their respective assets, property and estates, all such Claims and Equity Interests.

(c) Except as expressly provided in Sections 41.6 and 41.12 of the Plan or the Confirmation Order, in furtherance of the foregoing, and except for the JPMC Assumed Liabilities, Allowed WMB Vendor Claims, and Allowed WMI Vendor Claims, to the extent provided in the Global Settlement Agreement, none of the JPMC Entities or any of their Related Persons shall have any liability for, and the Debtors, on behalf of themselves, their respective estates and their present Affiliates (other than WMB and its subsidiaries), hereby release the JPMC Entities and each of their Related Persons from liability for, any and all Claims that (i) are or were property of the Debtors, their respective estates, or their present Affiliates (other than WMB and its subsidiaries), and (ii) were or could have been brought in any of the Related Actions.

41.3 Injunction on Claims: Except as otherwise expressly provided in Sections 41.6 and 41.12 of the Plan, the Confirmation Order or such other order of the Bankruptcy Court that may be applicable, all Entities who have held, hold or may hold Claims or any other debt or liability that is discharged or Equity Interests or other right of equity interest that is terminated or cancelled pursuant to the Plan or the Global Settlement Agreement, or who have held, hold or may hold Claims or any other debt or liability that is discharged or released pursuant to Section 41.2 hereof, are permanently enjoined, from and after the Effective Date, from (a) commencing or continuing, directly or indirectly, in any manner, any action or other proceeding (including, without limitation, any judicial, arbitral, administrative or other proceeding) of any kind on any such Claim or other debt or liability that is discharged or Equity Interest that is terminated, cancelled, assumed or transferred pursuant to the Plan against any of the Released Parties or any of their respective assets, property or estates, (b) the enforcement, attachment, collection or recovery by any manner or means of any judgment, award, decree or order against any of the Released Parties or any of their respective assets, property or estates on account of any Claim or other debt or liability that is discharged or Equity Interest that is terminated, cancelled, assumed or transferred pursuant to the Plan, (c) creating, perfecting, or enforcing any encumbrance of any kind against any of the Released Parties or any of their respective assets, property or estates on account of any Claim or other debt or liability that is discharged or Equity Interest that is terminated, cancelled, assumed or transferred pursuant to the Plan, and (d) except to the extent provided, permitted or preserved by sections 553, 555, 556, 559 or 560 of the Bankruptcy Code or pursuant to the common law right of recoupment, asserting any right of setoff, subrogation or recoupment of any kind against any obligation due from any of the Released Parties or any of their respective assets, property or estates, with respect to any such Claim or other debt or liability that is discharged or Equity Interest that is terminated, cancelled, assumed or transferred pursuant to the Plan; provided, however, that such injunction shall not preclude the United States of America, any state or any of their respective police or regulatory agencies from enforcing their police or regulatory powers; and, provided,

read carefully, your expected returns depend upon the language in this official document.... read especially the terms by which you tendered your release signature, and what you released and got in return... this statement of Title to all assets refers to ALL ASSETS of WMI declared in the chapter 11 , or not declared, and makes no distinction between pre, and post chapter 11 assets.... IT MEANS ALL ASSETS OF WMI... LODAS

97

Since the options are already showing the $82.50 at $1.75 and the $85.00 at $0.88 I believe my target is possible tomorrow. No advice, just looking at the possibilities from being a retail investor like the majority of you.



COOP Options
May 17, 2024

May 17 6.00 -- 6.80 9.80 -- 75 72.50
May 17 6.40 2.50 5.00 7.90 1 37 75.00
May 17 3.60 -- 3.80 4.30 - 77.50
May 17 2.40 0.30 2.60 2.85 17 315 80.00
May 17 1.75 0.40 1.40 1.80 24 25 82.50
May 17 0.88 0.13 0.80 1.15 181 76 85.00

LAST TRADE: $79.48 (AS OF APR 23, 2024)

Since COOP joined or enrolled into the ICMAGROUP and has agreed to their Code of Conduct for ESG ratings it has become part of an exclusive Club and they should have better Moral and Business standards than in the past.

Hopefully past transgressions that resulted in massive payouts in Class Action Suits is a thing of the past. One very Wealthy Senior Executive and 1 Director are or were very involved in what I consider Payday or very High interest loan type operations. It seems to run in some peoples blood. When I was growing up the state of Arkansas had a 10% usury law, even on Credit cards.

The loan sharks of the world are sucking the blood of the the masses who can't get out from under debt because you cant bankrupt certain loans.


https://www.icmagroup.org/sustainable-finance/icma-and-other-sustainable-finance-initiatives/code-of-conduct-for-esg-ratings-and-data-products-providers-2/

And how much does this translate per p?

What is the future date?

Newflow it feels like COOP is getting ready to add a lot of assets to its platform based on the share price. Maybe they will start managing all of the trust assets.

PLR-117155-17 https://www.irs.gov/pub/irs-wd/201808004.pdf
Pursuant to the provisions of the Trust Agreement, Trust was created for the
purpose of liquidating the assets of Trust, with no objective to continue or engage in the
conduct of a trade or business except to the extent reasonably necessary to, and
consistent with, the liquidating purpose of Trust. The Plan provides that the beneficial
interests in Trust would be distributed to certain holders of senior notes claims,
subordinated notes claims, general unsecured claims, guarantees claims, preferred
income equity redeemable securities claims, and holders of certain debt of Y. In
addition, the Plan provides that, in the event such claims are fully paid, the interests in
Trust would be redistributed to certain holders of subordinated claims, and after such
subordinated claims are paid in full, certain holders of preferred equity interests, Dime
Warrants, and common equity interests.