Mr Cooper Group Inc (COOP)

[LuckyPanda]

FDIC can sue for anything they want and would tie up the money. They can claim that the parent conpany owes the WMB bondholders even though the assets are isolated in remote bankruptcy. After all this illegal seizure of Wamu, I wouldnt be surprised if they make some sort of clawback claim and tie up the money.

This is the only reason I can imagine why the remote bankruptcy assets are not released yet. So if nothing is released by end of this year, I think we may be waiting for a few more years while FDIC drags out the receivership.