Replies to post #724024 on Mr Cooper Group Inc (COOP)

[Large Green]

Boris, you said the following.

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Libor out of court settlement?

My wamu contacts think there could be an out-of-court settlement and the judge will rubber stamp it in her chambers. That would make it all private so no controversy with jpm and fdic. Hush hush. No fanfare or announcement.
Makes sense. The money shows up in our accounts and we all go quietly into the night.
Works for me.

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I will add to your comment about proactive out-of-court settlement.

1) In Tranche Five of the payout Matrix the 15B now 32B in (SD) Subdinated Debt or Bonds need to be covered

2 Tranch six are the Preferred Equity Interests and the Common Equity Interests

3) JPM owes for what they took in sealed documents which are at a certain rate

4) The final ending of JPM involvement in the WaMu travesty needs to be deep-sixed totally unnoticed with ZERO fanfare

5) The payout from JPM to investors who signed timely releases by 3/2012, 32B to SD, and other payouts to cover huge amounts of misc assets

6) The best way to do this is to settle the massive 400B FDIC Libor suite out of court for around 80B then 32B to SD then 48B to timely-signed releasors

7) The best part is this could happen any day such as this weekend or no later than the Spring of the year 2025




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