Mr Cooper Group Inc (COOP)

[LuckyPanda]

RD, not being sarcastic. If I were the attorneys for the parachute claims, those would be the type of arguments I would make against FDIC no patachute rules. None of us know, what kind of closed door negotiations have been going on but based on timing, it is likely they are delaying the parachute claims settlement until after safe harbored assets returns.

My original 2017 payout timing thesis still stands. End of DB probate will trigger safe harbored assets. I didnt think it will take us into 2018 but it is. DB announced earlier that wamu securities from probate will not be paid no earlier than Jan 2018. So I would say we are probably going to have to wait until march 2018. Hence, the March 2018 WMILT deadline has been extended another 3 years. So, I would say its very possible parachite claims are waiting for safe harbored assets return to prove that the bank was solvent.