Replies to post #717721 on Mr Cooper Group Inc (COOP)

[Boris the Spider]

Why would you say such nonsense?

Lost a lot of respect for you. Geesh, what's wrong with everyone these days???

[newflow]

Lucky... there were 100s of tolling agreements made and no one knows what were it for except those who actually involved in that process.But FDIC can't go after WMI now in 2023 because they released those claims around $27 B and JPM did the same $27 B,that was due to GSA.IMO.But WMI could go after during winding up ie after Jan 2020 thru now and beyond under a winding up entity name probably.AIMO.

[mike08201]

I've actually subscribed to this theory/assumption for well over a year.

Only thing that makes sense in my mind.

so LIBOR needs to settle, JPM needs to pay for the bank, bonds need to be paid off
Then FDIC can still hold to the statement it didn't cost the fund a penny, And then we get paid

Let's see what transpires

p.s. We've seen FDIC file erroneous suits with ridiculous amounts before in this case. Why wouldn't they do the same if bk remote was released

[Docsavag]

Just to add my $.02, I feel that Libor is simply a convenient excuse to close down this debacle and to distribute funds while looking as though the FDIC and JPM have done nothing wrong/illegal over all these years.