Mr Cooper Group Inc (COOP)

[Royal Dude]

Pg. 83346 Federal Register
C. Effective Date and Application Date of the Final Rule The FDIC is issuing this final rule with an effective date of April 1, 2024. The first collection for the special assessment will be reflected on the invoice for the first quarterly assessment period of 2024 (i.e., January 1 through March 31, 2024), with a payment date of June 28, 2024, and the FDIC will continue to collect the special assessment for an anticipated total of eight quarterly assessment periods. Because the estimated loss pursuant to the systemic risk determination will be periodically adjusted, and to allow for any corrective amendments to the amount of uninsured deposits reported for the December 31, 2022, reporting period applied to the calculation of the special assessment, the FDIC retains the ability to cease collection early, impose an extended special assessment collection period after the initial eightquarter collection period to collect the difference between losses and the amounts collected, and impose a onetime final shortfall special assessment after both receiverships terminate."

The only question I have, do we get paid on June 28th after payment to FDIC by the Banks? I have been burned to many times in following the money. We may see some notification before, keep looking