Mr Cooper Group Inc (COOP)

[BlackVoodoo]

Yeah, I know.

Even if you do not expect a direct payout from the FDIC, the other scenarios will not occur.

The closing of the receiverships by the FDIC is, in my opinion, the legal basis for further steps that could go in our direction.

And one of these steps (possible retroactive payment of a dividend) is daydreaming. A dividend is the portion of the profit of a corporation. WaMu as a company no longer exists, the legal status of a company was dissolved by insolvency. Therefore there will be no dividend from this.

If there is any cash flow this year, it will be through REITs. But this sum will be so small that the whole thing will probably be just a drop in the ocean, if there is anything left for the escrows at all.