Mr Cooper Group Inc (COOP)

[David West]

What the court does -

In my opinion, the judge in our BK will allow the parties to work out all of the details of the reorganization of WMI by coming to agreement. Failing that, she will make decisions on contested issues as the law dictates first, and rule based on her judgment alone secondarily, avoiding appeals. A valuation is a tool that a party uses to strengthen their position, not the judge. If there were no EC, and no objection by the creditors or bondholders, she would rule on the final POR without it. IMO EOM