Mr Cooper Group Inc (COOP)

[umaw]

Catz, right now it's as though J.Pig is leasing


the Wamu assets from the FDIC with the FDIC having the ability to change the terms. The actual real threat of the FDIC acting on this contract is the only thing that will move J.Pig to get off their arse and come to the table. They don't really care how long they extend the P/A agreement so long as they are making real money off the assets they acquired on the cheap. In otherwords, the FDIC must make some "real" valid threats otherwise, like the government, it's status quo.... Don't you think?