Replies to post #426369 on Mr Cooper Group Inc (COOP)

[Bizreader]

Best post of the year! eom

[Boris the Spider]

$100B coming back looks fair and reasonable now. Things are finally starting to happen. Expect WMIH to start to move in consort.

[Mr_Simpson72]

DrRugby.... great post!

This is a great resume of our current situation & the importance of July 1st that grants FDIC the opportunity to sell assets of failed institutions. How convenient...

How many mortgages can $600 Million buy at minimal prices? We buy them very cheap.... use the NOLs and pocket all the extra benefits. WMIH has to generate a great amount of profits from this strategy.

[investorhub123]

Don't expect anything the first week of July......

From FB

My take is this has a while to go until its resolved... look at this comments from Judge. 06/17/2015 MINUTE ORDER. Defendant Federal Deposit Insurance Corporation (FDIC) shall file its Motion seeking entry of a final judgment under Rule 54(b) no later than July 24, 2015; any opposition to Defendant FDIC's Motion shall be due no later than August 21, 2015; and any Reply shall be due no later than September 11, 2015. The motion and opposition shall not exceed 15 pages, and the reply shall not exceed 10 pages. Signed by Judge Rosemary M. Collyer on June 17, 2015.

[Donotunderstand]

confused

this appears to be liabilities - obligations to pay out

FDIC is stuck with the obligation to pay

how would this help WMB first and then given 20B in debt owed on - how does it reach equity

great timely find but I do not think it is money or money for us