Mr Cooper Group Inc (COOP)

[David West]

Why bonds are more actively trading -

Consequently, separate and apart from the jurisdictional bar, all of plaintiffs’ remaining claims also must be dismissed because plaintiffs lack standing to assert them. Dismissal does not deprive plaintiffs of a remedy. To the contrary, plaintiffs acknowledge that they filed claims against the receivership as to which they have been or will be issued receivership certificates. Having filed their receivership claims, plaintiffs, “like all others who have some interest in recovering funds from the closed bank, must simply rely upon the FDIC to do its job.” Pareto v. F.D.I.C., 139 F.3d 696, 701 (9th Cir. 1998) (emphasis added).

http://www.ghostofwamu.com/documents/09-01743/09-01743-0109.pdf