Mr Cooper Group Inc (COOP)

[mordicai]

With respect to the motion to dismiss filed by the fdic in the district court action, it is apparent that the motion to dismiss cannot be granted and the case will go forward requiring the fdic to answer the claims. Even if the judge was in the back pocket of the fdic so to speak, if he grants the motion agreeing there is no claim for not receiving fair value, then by doing so the receivership statute itself would have to be declared unconstitutional because it allows a taking without just compensation.