Mr Cooper Group Inc (COOP)

[rramirez82]

I haven't read the decision papers or the order, but I presume the FDIC has been allowed to intervene in the Delaware Bankruptcy Action. If so, I imagine it will render JPM's motion for withdrawal as moot (which, btw, I think will be dismissed because it was untimely) because now all relevant parties will be in the position to argue the merits of JPM's claim and WAMU's counterclaims and protect their own interests, accordingly.

I actually think this is a good thing.

Now we need to see whats up with Judge Walrath's decisions on the other matters scheduled in the agenda -- namely, JPM's Motion to Dismiss (the decision on the $4.4B).