Mr Cooper Group Inc (COOP)

[SlyOne]

Whats the countdown, with F'DIC saying "No."

FDIC saying " We will not disclose the assets, current valuation or closing papers until after BK is over." They are protected by law (aggrh!) not to reveal the financial condition of a bank.

I believe this PA has not closed, FDIC could still true-up with JPM, Only after BK closes, because then F'DIC would then know what it liable for and have JPM paying into FDIC receiver.

JPM is only protected for $500 million on breach of NDA, But otherwise there are still on the hook for damages.

JD saying In march of this yr: "FDIC actions could cost us billions."

If FDIC discloses something that is. FDIC need to figure how to disclose without the information costing FDIC alot.