Replies to post #433326 on Mr Cooper Group Inc (COOP)

[hotmeat]

I think you're misunderstanding the intent of my post. The section "Means and Strategies" demonstrates the ideal operation of the Receivership mechanism. In some instances there are "External Factors" which can affect the process and both of the reasons cited (economic downturn and extended litigation) are applicable to WAMU. These delay in winding up the Receivership and settling of outstanding issues can be attributed to these factors.