Mr Cooper Group Inc (COOP)

[invnewbie]

It is definitely good news for shareholders that the judge ordered all parties to go into mediation(synonym for settlement). The SNHs are definitely at heightened level of anxiety, and are most eager to end this whole thing. After all, they are most in danger of getting prison time if this goes into another court. If Martha Stewart was sent to prison for insider training then anybody else can. The other thing is that the IT issue has now been reported widely in mainstream media. This is bad for the SNHs, but it could drag the other players too(JPM, FDIC, Hank Paulsen, etc). This needs to be mediated quickly, get the necessary releases, and make everybody happy--especially equity, which now is dangling the sword of Damocles over a lot of peoples' heads. Some folks are saying the commons are toast, but do not forget that the man who heads the EC only hold common shares! I don't think that after 3 years he will just fold and give up the fight! No way! I really feel good about all this, and I believe a payout will be coming sooner, rather than later.
AIMHO.