Replies to post #461557 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

I am absolutely with you, the language is about the claim, only the claim! The claim is accepted by the FDIC as it is and will not be reduced and so the pro rata share with the other claims with the same priority is fixed. In no way does the language assure that the claim will be paid in full.

I don't say it will not, but one can NOT derive from the settlement language that this claim will be paid in full.

The language refers to the size and class of the allowed claim. It cannot be read as meaning that DB is guaranteed to be paid the full value of that claim.

let's just note that we disagree on the meaning.

But, as I have repeatedly stated, I am not saying DB won't be paid in full, but that would require significant additional money coming into the receivership, and at this moment I see no evidence that that will happen. Only theories have been posted, theories that assume things for which there is currently no evidence, only questionable assumptions.

[hotmeat]

"The language refers to the size and class of the allowed claim"


Exactly!....The "SIZE" of the claim ie it's monetary value. I agree, according to the present value of the Receivership, it seems unlikely.

That said, clearly the FDIC signed an agreement stating, the DB claim would be paid in full. That is inherently clear to me from the settlement language..