Mr Cooper Group Inc (COOP)

[strikehold]

From Flowlogic at yahoo. Statement of HON. ERIC. Thorson INSPECTOR GENERAL

we have also initiated a
joint project with FDIC’s Office of Inspector General to review the federal
supervision of Washington Mutual Bank. Specifically, in September 2008, FDIC
facilitated the sale of Washington Mutual Bank to JP Morgan Chase in an open
bank transaction that resulted in no loss to the DIF. Given Washington Mutual’s
size (combined assets of $307 billion), circumstances leading up to the FDIC facilitated
transaction, and non-DIF losses, Inspector General Rymer and I believe
that a review of OTS and FDIC supervision is warranted.
Page#2

http://www.treas.gov/inspector-general/testimony/t-05052009.pdf