Mr Cooper Group Inc (COOP)

[steel58]

Fish -- Why would she approve the DS on the 24th when she didn't rule before? If she is not going to use the information from the examiner, she should have ruled prior, since she isn't allowing any changes to it.

I could see her ruling against it and making it clear that without some real numbers this thing will never get passed, so either give me numbers or settle. IMO we stand to be a serious underdog if these confirmation hearings go forward with that POS DS. That will be telling me she just wants to get this over with, so she will let the votes speak and unfortunately at this time there appear to be enough votes to get is passed.

If she rules the $4 billion to WMI, that could change things. I agree with others that if she went through years to get to the point of an examiner, she might as well let it play out, unless she were going to rule against it.

If she were to rule in favor of it, in my opinion, there would no longer be any cooperation with the examiner? Why should they? If he has to be done by November 1 and the confirmation hearings also start November 1, that will prevent any further information from coming out. I am no expert on confirmation hearings, but at that point, isn't Susman and TPS' burden to get it rejected as opposed to Rosen having to fight to get it approved? Aren't all the people that agreed to the DS/POR still going to be in agreement?


With all that being said, I in all honesty have no idea what will happen this week or at any hearing, although the thought of having this approved makes me wish I had sold and waited to buy back in after approval.