Mr Cooper Group Inc (COOP)

[utvolsfan13]

Additional Information by Kirsten Grind:

"Follow WaMu story on Capitol Hill"
http://seattle.bizjournals.com/seattle/b...

Are you a shareholder of Washington Mutual? Did you once bank at the nation's largest savings and loan? Were you one of 43,000 employees nationwide when the bank was seized by federal regulators on September 25, 2008?


If you have been following the ongoing saga of the largest bank failure in U.S. history, you will want to make sure you're tuning in to the Puget Sound Business Journal's online coverage next week of two congressional hearings about the bank's failure. Here is our website: http://www.bizjournals.com/seattle/

I will be in Washington, D.C. along with our editorial intern, Kelly Gilblom, covering these hearings live. The hearings are being arranged by the Senate Permanent Subcommittee on Investigations.

The first is scheduled to begin at 9:30 a.m. Eastern (6:30 a.m. Pacific) on Tuesday, April 13, and will feature testimony from former WaMu chief executive Kerry Killinger and former president Steve Rotella, as well as five other former WaMu executives. (If you'd like the inside scoop about what Killinger and Rotella will say, you will find my story here.)

The second hearing is scheduled to take place at 9:30 a.m. Eastern on Friday, April 16 and will examine the Federal Deposit Insurance Corp. (FDIC)'s and the Office of Thrift Supervision (OTS)'s role in WaMu's regulation and its abrupt closure. This hearing is likely to examine why regulators stepped in at the bank, a topic that was part of an investigative series of stories published by the Puget Sound Business Journal last year. The witness list for that hearing will be announced on Monday.

On the Business Journal's website, we will be live-blogging both hearings, which means, if you're tuning in to our blog, you will get up-to-date information on what's being said and what's happening in the room. You can also watch the hearing live on the subcommittee's website. I will also be posting updates on Twitter, and you can follow me @KirstenGrind.

In addition, we will be filing online news stories throughout the week, summing up the events with interviews from key players — information you will not get simply by watching CSPAN. If you're interested in the back story of the bank, and a timeline of key events, we will also have that available on our website.

I would encourage all of you to comment during the week. You can comment on blog posts, or email me at [e-mail]. I'd love to hear what you think.