Mr Cooper Group Inc (COOP)

[survivor Spain]

4B ruling... dates:

As far as I understand:

- JPM has until 7/24 to file its last arguments about the Summary Judgement (the Turnover action).

- Then WMI has until 8/7 to reply.

- Then there will be final oral arguments on 8/24 hearing...

- AND THEN: the days/week after 8/24, the final ruling will be issued.... and WMI's 4B will be at WMI's hands.

This is my bet.

In the meantime WMI should formally request further time to present the Restructuring Plan and the judge should award it.Right now there are not solid grounds to present any plan.

Also in the meantime the ping-pong procedural dance about the BK jurisdiction over the assets litigation will evolve in one way or another. I mean the judge and WMI'S attys have to take care of the Motions to appeal.. and I guess this may be taken care before and/on the 8/24th hearing.

The steps around the discovery, and JPM depositions will start in next week ( with subponeas already issued), but this is unlilely to produce visible results very soon. By logic this must be a lot of detailed work, involving many people. Furthermore, current or new motions to appeal may generate further delays in this sensitive topic, even after the subpoenas have been issued. I am just guessing, but surely JPM will fight like hell to delay depositions as much as possible.

So, in my mind - for the 4B - the key date now is 8/24 and the days just after the 8/24 hearing.

Am I right? Do I miss anything relevant?

Cheers..