Mr Cooper Group Inc (COOP)

[marayatano]

I see where we both went two different directions. Now we are on the same direction, settlement. So the other is not an option anymore.

You mentioned Rosie wanted to go to plan confirmation back in Sept. Yes, I do remember that, but the Judges said no, go to mediation instead. This is where we went the different directions.

Problem is, if there were no settlement, and the plan confirmed, SOMEONE has to fund the EC/Susman, which Debtors most likely will not after plan confirmation UNLESS there was a miracle provision within the plan that set aside $$ for that specific purpose.

The problem is, everything for the Equity is an uphill battle, however, equity as a whole lost, but commons won since it would have never received distribution if it went to litigation.



imo