Replies to post #487137 on Mr Cooper Group Inc (COOP)

[sometimes_right]

it's legalese smoke-&-mirrors for "OFFSET" as in offsetting the amount of $$$ they will be submitting to the FDIC-R to pay book value for any and all assets of WMI they wish to keep over and above what they already paid for WMB. imo

[wamuvoodoo]

Legal benefit hmm I'd say it was legal fees acquired for that 645 million

[JusticeWillWin]

Legal benefit --> two definitions

https://en.wikipedia.org/wiki/Legal_benefit

http://newsgroups.derkeiler.com/Archive/Misc/misc.legal/2013-06/msg00178.html

Bkshadow or Exdimer:any opinion regarding this strange wording in the JPM 10Q ?Legal benefit of 645M??What not just say:As part of the settlement with FDIC and DB,we received 645M or we are about to receive in coming weeks?