Replies to post #461354 on Mr Cooper Group Inc (COOP)

[newflow]

As per FDIC status update last week, DBCNT would file a settlement in California court for the settlement.Dont have any other info.

[muyuan51]

I think what you saw concerning the Columbia District Court filing dated Aug 31, 2016 was in reaction to the DBNT_JPM_FDIC Settlement from Aug 19, 2016, that has to be judicial approved in Cal.:

"The DBNT_JPM_FDIC Settlement remains subject to judicial approval in a procedure to be filed by DBNT in California, and, if approved, will result in the dismissal of the four WAMU-related actions pending in the U.S.District Court of Columbia and the appeal pending in the U.S. Court of Appeals for the District of Columbia Circuit."


https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjo08XT1_vOAhVDzxQKHUe-AqIQFggfMAA&url=https%3A%2F%2Fwww.fdic.gov%2Fbank%2Findividual%2Ffailed%2Fwamu_settlement.html&usg=AFQjCNHrzkz2SW3eFBLlSDqWEAfkN2lPHw&sig2=WM0j1WZ2q2KtOGibn4aoLg