Replies to post #719985 on Mr Cooper Group Inc (COOP)

[tzebedee]

Nice.. Thanks for your thoughts on the Libor, Boris.

[jhdf51]

Yes perhaps it is escrow related BUT...this is not a NEW mortgage business so much as it is servicing on current and those they have received from Wells Fargo etc...and many more to come...thankfully COOP decided to not enter into origination but servicing.

JHD

[Milk Duds]

And there are lawyers from Sussman Godfrey working with the FDIC lawyers!
Top-shelf lawyers, including one who is a partner in the firm!

And as we know, Sussman Godfrey was the law firm representing the equity committee/WaMu shareholders!