Replies to post #498974 on Mr Cooper Group Inc (COOP)

[CBA09]

Ref: Question: doesn’t the FDIC require a “release” before any $ distribution happens?


Comment:
If referring to "Retained Assets" in Trusts - No


Ref: Any insight on that possible impediment, timing and what would be the process and timing? (i.e. what has to happen prior to them getting such a release?) Thx

Comment:
Only insight is the "Retained Assets" of fully matured Trusts are being suppressed. Without any reservation many Trusts have fully matured or had been accelerated to Termination. Refinancing was booming from 2008 and on. Many did two within a few years.

My take on a so called impediment. Maybe not an impediment at all. When the Power Players, ( Tepper's of the world ) nod we get paid too.