Mr Cooper Group Inc (COOP)

[utvolsfan13]

Many are speculating that THJMW allowed the delay of the ruling so that JPM/FDIC could get this settled without her shaking anything up. The lawyers made it sound as if a settlement deal was close prior to the formation of the equity committee. Its addition to the case may have complicated things. Handing the $4B over to WMI would change the current state of things and could possibly mess up settlement negotiations. Furthermore, the transfer of the $4B back to WMI would prove that the FDIC took over a solvent bank. This would pretty much prove fraudulent conveyance. It is speculated by many that the FDIC lawyer asked for this delay so that they could settle before the $4B is transferred and fraudulent conveyance is proven. Perhaps this is also why WMI's lawyers didn't really care that it got delayed. They know the reason. (ALL IMHO)