Mr Cooper Group Inc (COOP)

[sharing4u]

SamuraiProgrammer,

I think you are making a very good guess, especially on this:

"I personally suspect the bulk of the money that has been spent by the LT has been for forensic accounting in an attempt to identify, locate, and plan to obtain these assets."

Let me chip in my response here:
1. A&M is still working very hard charging $420k for Sept, Oct and Nov 2017. Assuming if it will go down to $2xxk-300k for Dec 2017, Jan & Feb 2018 on the next filing, it means that A&M's job is closing to an end.
Of course, I do not expect that to be under $1xxk, otherwise it will be very good news to escrow marker holders.

2. The whole saga stall is due to the giant assets to be digged out by A&M.
If you believe that the former WMI entitles to the beneficiary income of the SPE Trusts, it will be complicated and very time demanding.

3. The scheduling and rescheduling of employee claim more than a year later to Feb 2019 is being a stall tactic. This is deemed as weird and unreasonable.

4. Let me take the courage to make a WAG relating to A&M quarterly fees:
from $8xxk to $7xxk to $6xxk and then $420k ..... it may take another 6 months from Feb to get the job done. So end of Aug 2018 could be a good time.

5. And it will take another 3 months to wrap up the ends: Nov 2018 could be fire work seasons. Hopefully it will be shortened by Aug or even by the 10th bk anniversary 9-26-2018.

Let us squeeze out our last ounce of patience.