Mr Cooper Group Inc (COOP): I dont think FDIC is suing them for R "r...

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Mr Cooper Group Inc (COOP)

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Re: wwhatthe post# 718839

Sunday, 11/12/2023 5:13:13 PM

Sunday, November 12, 2023 5:13:13 PM

I dont think FDIC is suing them for R "recovery". The amounts are so small its not going to make a dent in that $13B WMB bonds owed. I think they are simply using these suits as a delaying tactic to outlast the receivership past remote bk assets return...such that they can file the clawback claims against those returning assets from remote bk trusts.

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