Mr Cooper Group Inc (COOP)

[Nightdaytrader]

I just don't like Judge Collyer using the word "generally." That leaves some wiggle room to screw us again.


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This is from…
the AMENDED MEMORANDUM OPINION page 7,
ROSEMARY M. COLLYER
United States District Judge

“In its role as receiver for a failed depository institution, the [FDIC-R] has a statutory obligation generally to maximize the return on the sale or disposition of the receivership estate’s assets. The receiver distributes any funds realized from its liquidation efforts to the failed institution’s creditors and shareholders in accordance with the FDIC’s priority scheme.”