Mr Cooper Group Inc (COOP)

[survivor Spain]

Today's hearing most important topic:

The 4.4B are delayed until WMI decides. The A/L are for 19th. But as far as I recall there are 3 topics to be convered today:

- Dell's motion ... not too relevant
- Tranfer agent topic.. not too relevant
- Approval and formal "enforcement" by the judge of the agrements about "electronic data exchange" between JPM and WMI and between FDIC and WMI. THIS ONE IS IMPORTANT.

If by any chance there is not agreement about it, then we may have more delays in the whole process.

If it gets approved, then the process will speed up. This is important for short medium term pps.

... and WMI will be able to gather the details about the money "rush" of deposits that, in principle, precipitated the seizure by FDIC.

This may be important in building the case of WMI litigation against FDIC for "contract breach" and/or further investigation by authorities about any possible fraudlent manipulation previous to the seizure.

I think this may be important for medium/long term pps.

Any news from court about this topic??