Mr Cooper Group Inc (COOP)

[gophilipgo]

This is unfortunately not a surprise. I, and I'm sure many others, sort of expected this to be the case. It's pretty obvious at this point that she has no intention of finding fault with JPM or the FDIC. This means that even though equity is in the money, the likelihood of reaching the WAMUQs is minimal, short of a settlement agreement which breaks the absolute priority rule, or JPM putting money into the pot out of the kindness of their hearts.