Mr Cooper Group Inc fka COOP

[Bizreader]

That's all correct, as I heard it on the live audio feed in real time this morning.

However, if the judge rules in favor of WMI the stock price will likely rise.

Whether the FDIC stops WMI from getting the money is another matter and may help keep the stock price from sky rocketing but it won't stop it from going up, imho.

In the meantime, the possibility that the other law suits in the works develop in favor of WMI adds more reason to hold long here, imho.