Mr Cooper Group Inc (COOP)

[AZCowboy]

... nranger .. great question

Since the PA&A allegedly closed in September how long a wait do you think it will be until tranches 5/6 are worked and we will see some escrow in our accounts?
Thank you for all your DD.

Well, I found it quite interesting, that the current quarterly report, if one includes the DCR, shows a positive return result, beyond Tranche 4 and its amounts outstanding ... Honestly, as I have said numerous times ~ I believe the Bankruptcy will need to finalize, leaving the last creditor class, showing to be impaired, in an effort to maintain the Courts continuity ... (BK's are only supposed to be filed when a companys liabilities exceed their assets) ... obviously NOT the case here ... but moving along' ... we all know that stuff'

I did find it curious to see the positive number on this last report filed, regarding potential funding back to the estate beyond creditor class 16' (piers) though ...

With only 23 items remaining ... The AT&T claim ... Tranquilities Request ... and 21 remaining employee claims issues ... that's all there is' .... things should begin to get interesting'

The PA&A time limitations has finalized as of 9/25 and so far it is doubtful that JPMorgan files any additional indemnity claims ... after all, we are some 30 days beyond the agreed upon finalization date'

nranger ... the "when" part of your question is one that we all want to know ... however, I hope these issues, I have posted about, help you and everyone else of course' ...

AZ