Mr Cooper Group Inc (COOP)

[LuckyPanda]

bbanbob, no employee claims needed, just probate and receivership closure required.

In my opinion, the receivership can close once DB probate is approved, and final distribution of that $2.7 billion in FDIC-R can be made.

Once receivership closes, then safe harbor assets are free to come out. Once safe harbor assets come out, WMILT can simply set aside like $100 million for the employee claims and pay us cash and merge the remaining portfolio with WMIH for 3.5 billion shares.