Replies to post #609851 on Mr Cooper Group Inc (COOP)

[hotmeat]

The FDIC not being released has nothing to do with WMI's bankruptcy case.

The FDIC is operates under Receivership rules, not those of a bankruptcy.

Their releases will be granted once ALL their agreements in the GSA are completed.

What's left to be done is anyone's guess but IMO it has nothing to do with WMI Safe Harbor assets.

[Split T]

mad4, That's a really easy question to answer, It's because they haven't been reeled in yet. Give a big fish enough time and it'll wear itself out.
"
But I still don’t get is why the FDIC has not been released of its responsibility. If all bankruptcy proceedings are done, why would they still be on the hook.?"

[BBANBOB]

have you seen ANYTHING RETURN HERE YET??????????????

YA won't see them released until that happens and MY WAG is they will grab the 14 bill off the top!