Replies to post #413242 on Mr Cooper Group Inc (COOP)

[Upperlippy]

That is not all: ''The OTS was initially seen as an aggressive regulator, but was later lax. Declining revenues and staff led the OTS to market itself to companies as a lax regulator in order to get revenue.'', hence, '' The OTS ceased to exist on 19 October 2011.'' and even more interesting: ''The OTS was implicated in a backdating scandal regarding the balance sheet of IndyMac'' So, the OTS does not exist anymore. I am a complot thinker, I admit. ''Reform proposals from Henry Paulson, President Barack Obama, and the U.S. Congress proposed to merge the OTS with the Office of the Comptroller of the Currency. Section 312 of the Dodd-Frank Wall Street Reform and Consumer Protection Act mandated merger of OTS with the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board of Governors, and the Consumer Financial Protection Bureau (CFPB) as of 21 July 2011. '' We gave releases to FDIC, not to the OTS did we? One way or the other......

Thanks Wiki, again,

a loyal contributor.