Mr Cooper Group Inc (COOP)

[LuckyPanda]

I agree with your assessment. I think FDIC is the last road block holding back the release of our assets in remote bankruptcy. CBA09 went over this a few years ago...where it is possible that the remote trusts were set up to release the assets in an "all true ups" scenario where it requires the FDIC to close down the receivership.

We need FDIC to explain why the receivership hasnt closed....and how long can they use LIBOR lawsuits as an excuse in keeping the receivership open.

If their excuse is "we dont know how much Libor lawsuits would yield", can they not simply close down the receivership now and issue us new escrow markers tied to potential future payout from Libor lawsuits?