Mr Cooper Group Inc (COOP)

[etzetrade]

I IMO don't think so. At least is not toast. At the current price ($2.00/share), it is less risk. The following two things possibly are adding more value to it.

1) There is an objection filed last week. Basically, an individual requests LIBR NOT to penalize non-colored entities for the differential interest. I think that LIBR had high possibilities to do so since LIBR made up her mind in THE 'DAY ONE". 'HER-OWN-JUSTICE" is to penalize HFs so that she could offset all the bad decisions in front of the public. That is her principle of "check and balance". Sacrificing HFs covers JPIC AND ROSENRAT.

2) To the worst case, you could opt to take the stocks in WMI2. The value could be around $3.00.