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Re: LuckyPanda post# 623571

Thursday, 04/30/2020 11:00:49 PM

Thursday, April 30, 2020 11:00:49 PM

Post# of 729947
Similarly, the Company is in discussions with the Executive Office of the United States Trustees concerning certain legacy issues with respect to bankruptcy servicing practices. In connection with these discussions, the Company is undertaking certain voluntary remediation activities with respect to loans at issue in these matters. While the Company and the Executive Office of the United States Trustees are engaged in discussions to potentially resolve these issues, there is no guarantee a resolution will occur. Moreover, if the discussions do not result in a resolution, the Executive Office of the United States Trustees may seek redress through litigation or other proceedings and seek injunctive relief, damages and restitution in addition to the remediation activities, which could have a material adverse effect on the Company’s business, reputation, financial condition and results of operations. However, the Company believes it is premature to predict the potential outcome or to estimate the financial impact to the Company in connection with any potential action or settlement arising from this matter, including the voluntary remediation activities undertaken and to be undertaken by the Company.

{ https://www.sec.gov/Archives/edgar/data/933136/000093313619000069/mrcooper0930201910-q.htm }

This is the same words from 2019-11-01, so absolutely not connected with the end of chapter 11


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