Replies to post #554446 on Mr Cooper Group Inc (COOP)

[lodas]

post script..... I think Sussman realized that he would get nowhere with the FDIC, and made the deal that he did.... although he had them by the cohones, there was little that he could do in a courtroom against the FDIC..... Lodas

[pm1012244448]

Anyone have any thoughts about the safe harbor assets?

[LuckyPanda]

Well, they actually filed a lawsuit against the government for AIG under uncomstitutional taking and won. Like wise, they could file a similar lawsuit plus against JPM for fraudulant collusion. All I'm saying is I've seen many class action lawsuits under much less infringement grounds. Why nothing for us?

I think its a good sign there hasnt been any class action lawsuits filed by abulance chasers...It means POR7 may turn put to be a windfall in the end. Ofcourse, its very difficult for us to keep the faith under after all these years but lets not loose our cool until after PIERS are paid off and wait a month or two after to see what happens next

[zeaeroman]

Eminent Domain gives government the right to seize assets UPON payment of its fair market value. Eminent Domain is not a free grab of assets with no payment or recourse.

Fair and reasonable for the assets. Where have I heard that before.