Mr Cooper Group Inc (COOP)

[LuckyPanda]

KeyKey, you are right about FDIC also. As CBA09 suggested a few years ago, we likely need FDIC-R to close the receivership first before remote bk assets release. He mentioned "all true ups" release condition that would also require R to close first.

However, I still think 9/19 is still key. If FDIC cannot close by 3/19, Rosen will be forced to extend LT closure... otherwise how will he explain away if LT closes out by 3/19 but escrow markers remain thereafter.

He specifically mentioned in court that he would delete escrow markers by 3/19.