Replies to post #608650 on Mr Cooper Group Inc (COOP)

[Countyroads]

Sounds great but what are the details of the settlement of the $20 B? Who got what?

[ReikoBlack]

Now?

The FDIC site has stated this since September 25, 2017. (Bottom of page, Last Updated: 09/25/2017)
https://web.archive.org/web/20171012140036/https://www.fdic.gov/bank/individual/failed/wamu-settlement.html

* and NOW ?, (updated in December) the FDIC site states that the GSA allowed the parties to reach a settlement contesting the ownership of over $20 billion in assets” ...

[fixedops]

Az, last spring you explained how the Accredited Investors get paid every 25th of the month but we however (purchasers on the secondary market) are on hold because of the BK. Now that the BK has closed over a month ago would you expect holders that purchased on the secondary market should see $ flow Jan 25th?

* ABS-Certs distribute on the 25th of every month ... (the 2020 first monthly payday for both, Loan Servicer's and Cert Participants)

* and NOW ?, (updated in December) the FDIC site states that the GSA allowed the parties to reach a settlement contesting the ownership of over $20 billion in assets” ...

In my opinion ?, ... the handwriting is on the wall ...