Mr Cooper Group Inc (COOP): I think this FDIC payment would just ben...

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Mr Cooper Group Inc (COOP)

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Re: 2kidsnomoney post# 661327

Monday, 06/28/2021 3:37:21 PM

Monday, June 28, 2021 3:37:21 PM

I think this FDIC payment would just benefit holders of COOP commons of the reorganized WMIH now calling itself Mr. Cooper Group.

It was their hardship and costs paid in Chapter 11, due to FDIC taking. I think this would be a COOP common holder benefit, not legacy who released. But I dont really know...by extension former shareholders were harmed by the FDIC taking, so maybe there is some crossover.

But again, I'm completely guessing here.

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