Mr Cooper Group Inc fka COOP

[stoxjock]

"as RKT has 12 billion of authorized common stock and 500 million preferred stock ready to issue on a minute's notice.".

Thanks LG, for your insightful points...
Certainly, I hope we get some RKT shares issued towards our "F&R Recoveries" hopefully this year 2025 or by 1st Quarter 2026.

But this is only worth $12.5B, as per your reading? Meaning, the Vast Wealth of the WaMu 'Takeover' is still with FDIC-R, Right?

Now that LIBOR is out of the way, when do you think FDIC-R will Finally 'Close the Receivership' of WaMu? Are we at the Mercy of "Whenever JPMC decides to Consummate the Transaction?" OR are there some other 'Avenues" for FDIC-R to sell off the SPV Assets and fulfill "F&R Recoveries Promised" to the WaMu Escrow Holders.

TIA & GLTU & GLTA Real WaMu Escrow-Holders!