Mr Cooper Group Inc fka COOP

[hotmeat]

Based on the purpose of Safe Harbor (*SH) protections, assets would be shielded from the Debtor, the FDIC, Creditors and any purchaser of the failed bank/entity.

With the Debtors estate owing <$50M to Creditors (PIERS) and with the recent Globic Settlement, there seems to be only one remaining impediment.

That, IMO, is the FDIC's WMB Receivership that still owes claimants about $15B, which puts any WAMU *SH assets held by them in obvious jeopardy.

What in your view is delaying the return of any Safe Harbored and/or WMI Estate assets to our Markers, and are there any additional mitigating factors affecting this?