Mr Cooper Group Inc fka COOP

[BetweenUnemployment]

"...the value of litigation claims can significantly affect the FDIC's adjustment of the WaMu sale." I'm not sure where you get the significantly affect part. The settlement isn't about getting a value of the litigation claims...the FDIC is trying to get litigation releases for itself. Read the article below by the same law firm (creditor counsel) that states in the Bloomberg article (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53477972):

"Washington Mutual was 'sold too cheap,' said Renee Dailey, a partner with Bracewell & Giuliani LLP. But 'I’m not sure an extension of the settlement date means FDIC is going after a larger purchase price. I don’t think they are planning to do that at all.'”

Read this re: litigation:
http://www.bracewellgiuliani.com/index.cfm/fa/news.advisory/item/d61ee009-082e-4b29-8ac8-6ee108816fc5/Financial_Reform_Legislation_The_Trampling_of_Creditors_Rights.cfm

Finally, the continued fight over the mysterious Schedule 3.1a needs to be put to rest. As I posted previously (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51876191), it does not matter. It, if ever created, would be, by its very terms, a listing of the subsidiaries and JVs, not all assets. You can easily find such a listing [of what the Schedule 3.1a would look like] in the old WAMU SEC filings and a more complete listing in the court records (most recently in the examiner filings).

I'm not here to convince anyone either. As I stated when I first jumped into this stock, it's risky and people need to understand that they can lose their entire investment, especially in the commons. It's a speculation more than an investment. I'm long on the commons as well, but well diversified up through the highest of the debt. I don't suggest dwelling on the possibility of a negative outcome, but I don't suggest yelling into the wind either.