Mr Cooper Group Inc (COOP)

[mordicai]

So NSM got the necessary consents so that 800 mllion of NSM debt could not be considered to be in default upon the merger consummation. I do not recall getting these consents was a condition of going through with the merger. So the question is was this 800 million debt originally intended to be paid off with the 2.7 billion wand borrowings, and if so, what will that 800 million of new borrowings be used for now if not used to pay off the debt at closing? Also, the timing of the consents seems to suggest that the merger might be consummated earlier...why pay out the monies for the consents 4 1/2 months ahead of time?