Mr Cooper Group Inc (COOP)

[steel58]

SlyOne -- Your information below:

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.

Is this what FDIC is saying or is it what THJMW agrees with? If she agrees with that then one of two things IMO can happen:

1. this case is pretty much over (not in our favor) unless there is a basic whistleblower lurking somewhere that has the information. If FDIC never released it, either JPMC better have or WMI better have, or we are screwed.

2. Without assets, no POR/DS can be approved, IMO. This case would then last forever.