Mr Cooper Group Inc (COOP)

[WithCatz]

Nah uzual, I won't go that far. The P&A does serve a purpose, as it has in all bank seizures. {I'm not saying it makes it right, just that it serves a purpose}

It is a legal framework, of who needs to do what, etc, etc...

So, to that end, I don't see it as a 'worthless paper', just one that may need some, ahem, tweaking once the Examiner starts to question things.

Actually... Wouldn't the P&A just be a worthless piece of paper after the examiner final report anyways? I would think that it would be in the FDIC's best interest to modify on/before the 30th with $XX billion so they look like the good guys...

...Catz