Replies to post #609860 on Mr Cooper Group Inc (COOP)

[hotmeat]

The GSA was a compromise between WMI which filed for BANKRUPTCY and the FDIC which seized WMB and placed it in RECEIVERSHIP.

The FDIC is bound by that agreement which they signed onto to settle outstanding disputes with the Debtors, unlike the bankruptcy court which had limited power, and in the case of the P&AA with JPM, ZERO jurisdiction.

That's why...or maybe, according to your logic, the FDIC signed another GSA we don't know about.

[follow_me]

It's simple, due to the fact that the FDIC was given instructions during the bankruptcy process, instructions that do not deviate just because the bankruptcy has ended. They were part of the process...

[Civil War General]

75/25 is not a “bankruptcy rule” it is, however the law of this particular case. It is an unchallenged, unappealable Federal Court Order and has all the power of enforcement both in and outside of bankruptcy as any other Federal Court Order does.
Just because the bankruptcy is closed, the Court still retains jurisdiction, that is written into the final orders of every bankruptcy.