Mr Cooper Group Inc (COOP)

[ItsMyOption]

FDIC email update:

I have sent the following email to FDIC, and received a reply which I will post soon.

Mr. XXXXXXX
Did you ever get update from attorneys handling the receivership if this judicial approval in a procedure to be filed by DBNTC in California has taken place or is scheduled? If scheduled what date?

As an old shareholder and escrow holder we have been waiting for the FDIC to complete their final report and release any assets to equity escrow that are held in Safe Harbor.

Sincerely,
David


The DBNTC-JPMC-FDIC Settlement remains subject to judicial approval in a procedure to be filed by DBNTC in California, and if approved, will result in the dismissal of the four WAMU-related actions pending in the U.S. District Court for the District of Columbia and the appeal pending in the U.S. Court of Appeals for the District of Columbia Circuit.

Last Updated: 08/24/2016
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