Replies to post #562771 on Mr Cooper Group Inc fka COOP

[PickStocks]

AZ, Our financial recovery will come from other sources ...

can this happen now without the closure of the BK or does have to happen after the closure of the BK. I thought once tranche 4 was done, things can start rolling....

[LuckyPanda]

AZ, LT may not be in control of the remote bankruptcy assets but they are likely aware of when those assets will be released...and they have been controlling the delay tactics accordingly to that schedule.

So EC conclusion and almost immediate payoff of Tranche 4 thereafter would mean, we are very close to the end game.

Maybe COOP will no longer be able to benefit feom that conclusion...perhaps all the ABS have been liquidated.