Mr Cooper Group Inc (COOP)

[mordicai]

And don't forget JPM has filed an interpleader action in the adversary proceeding over the money. This puts the 4 billion squarely within the jurisdiction of the bankruptcy court.If anything was comingled the amount can be determined, and the bankruptcy judge can easily draft an order to protect the interests of the fdic. Remember the holding company bypassed the interpleader action and filed a different action the "Turnover Action" on the belief that there is no LEGITIMATE dispute that warrants the interpleader action and filed a summary judgment motion for that turnover action. If the summary judgment is not granted, by no means is anything settled with respect to who owns the 4 billion...it just gets litigated. In a prayer for relief, lawyers always include the phrase and "for such other and further relief as the court deems just". So even if the summary judgment is not granted we could see an order instructing JPM to put the 4 billion into the registry of the court.