Mr Cooper Group Inc fka COOP

[uzualsuzpect]

Saw this on another board. Some BR comments.

Creditors of Washington Mutual should receive their portion of roughly $5 billion within 10 days of when the bank leaves court protection, according to Rosen. At the latest, they should have checks in hand by the end of March.

By the time Washington Mutual officially finishes paying back creditors, Rosen said they should disburse about $7 billion. The process should be mostly wrapped up in the next six months, Rosen said.

http://www.bizjournals.com/seattle/news/2012/02/23/deanna-oppenheimer-its-good-to-be.html