Replies to post #578229 on Mr Cooper Group Inc fka COOP

[footballref-8541]

Ron, what happens if no agreement is done by June 30th? JPMC is already been paid.

[Large Green]

ron, even though JPM received their monies as did DB, are you implying there is more that has not been settled within Globic?

Under its terms, the FDIC-JPMC-DBNTC settlement became effective only if DBNTC obtained court approval of the settlement. On June 30, 2017, the Superior Court of Orange County, California entered an order approving the settlement, and that order became final and unappealable on September 5, 2017. Under the settlement agreement, in exchange for releases from JPMC and DBNTC, the Receiver paid JPMC $645 million and issued DBNTC an allowed unsecured receivership claim of $3,006,929,600 on September 8, 2017. The DBNTC-JPMC-FDIC Settlement agreement can be found at this link: DBNTC-JPMC-FDIC Settlement agreement - PDF.


https://www.fdic.gov/bank/individual/failed/wamu-settlement.html

[continuity]

It clearly means Judge Walrath failed and should mean that Rosen is destroyed.

[hotmeat]

What part of the Globic Settlement has not been fulfilled that would cause the 2.03 Termination clause to take effect?

It is apparent that everything agreed to was enacted and thus the June 30th, 2019 date has long been null and void.

This is yet another "false flag" event being promoted on the board that will have an all too familiar outcome, ie being wrong!.