Replies to post #461589 on Mr Cooper Group Inc fka COOP

[hotmeat]

So was the analysis spot on or are you in disagreement? I really can't tell from your response.

[clawmann]

CBA09: You and Justice now have my attention with regard to that $40.2b.

There are two separate waterfalls. One being administered by the FDIC and one by the LT. The FDIC waterfall has the potential at the bottom to leak surplus funds (those in excess of what is needed to pay creditor claims) into the LT waterfall.

The question I have is this: how might this 40.2b analysis affect the waterfall at the FDIC? At the LT?

Thanks