Mr Cooper Group Inc (COOP)

[MikeJones8]

It's 6 months to 12 months. Check the link (bottom right paragraph on page 45). You just know it all don't you?

FDIC Receivership

Don, Bop's good points....

A couple of simple questions.

Quote:
So much for the 'why'. As to 'how' the FDIC-R need simply remain silent until it closes out the receivership. Generally the receivership process is six months to one year, so any 'aha' moment usually occurs within that time frame.


I know this is incorrect, but others must awake themselves. You do due diligence, take a look at the FDIC bank failures list on the website, select numerous P&AA's, and see something. IMO, the "Term of Agreement" (located in P&AA 13, but sometimes 12) is quite typically 6 years or 10 years; with some regard to FDIC loan loss participation.

If you find the same, how does one 'take the rest of the story?