Replies to post #677514 on Mr Cooper Group Inc (COOP)

[SamuraiProgrammer]

My memory is that we did release FDIC as well.

However, that release was contingent on something. It also has to do with the difference between FDIC-R and FDIC-C I think.

My understanding at this time is that the FDIC release was contingent on something that hasn't happened yet.

JPM, on the other hand, probably has nothing to fear from escrow holders. Their concern would be FDIC coming at them and I am sure anything along those lines will be settled behind closed doors instead of in open court.

JMO

[Bizreader]

This is key. FDIC can sue any bank so nobody's out.