Mr Cooper Group Inc (COOP)

[Evintos]

How would this be beneficial

It isn't. Anchor litigation has nothing (since confirmation of POR7) to do with WMI(LT) anymore.

It does however concern DIMEQ - check out http://investorshub.advfn.com/Dime-Bancorp-Inc-%28fka-DIMEQ%29-4907/

ii) the WMI Entities, the FDIC Receiver and FDIC Corporate shall be deemed to have waived and released any and all rights and claims associated with the claims, causes of action, damages, liabilities and recoveries associated with the Anchor Litigation and (iii) the WMI Entities shall file such notices as may be reasonably requested by JPMC evidencing this Agreement with respect to the Anchor Litigation.

from 7th amended plan

also

28.The Court noted that, “under the Global Settlement,
JPMC control[s] and [is] entitled to all proceeds from the Anchor Litigation. This will be free of the interests that the LTW Holders have, if any, in the Anchor Litigation.”

http://www.kccllc.net/wamu/document/0812229160510000000000003

Important thing to note: This is a motion filed by JPMC that isn't signed by a judge. If the judge signs it, it means LTW cannot seek recovery from the Anchor Litigation with JPMC. If the judge doesn't sign it, expect a hearing regarding this. At that point, visit the DIMEQ board section of IHUB. The link is near the beginning of this post.