Mr Cooper Group Inc (COOP)

[etzetrade]

Catz, may I ask you a stupid questions? Assuming Judge rules PIERs at the same class as Preferred, do we need a list? I mean what PIERs have we have.

Also, like you said before, 5B NOLs is the book value, the market value is probably 1.1B. It leaves Prefs around 10-20% FV and common zero. Can EC still go after JPig due to impaired parties? In other words, debtors could give release to JPic and FDIC, is that means EC and debtors are the same, EC couldn't go after them. If so, it's bad. The Judge lets the big fish go, and left small ones. If we caught them, we couldn't do anyting because they don't have deep pockets as JPig.

Appreciate your comments, TIA