Replies to post #729593 on Mr Cooper Group Inc (COOP)

[PickStocks]

I guess if nothing happens by July 1st….we move on to the next theory…

[diamondguru-one]

paying quarterly wouldn't that bring way to much attention ?????

[novascotiaSTS]

The payments to the FDIC have nothing to do with Escrows of course - it couldn‘t be clearer that they are made to replenish the FDIC‘s funds after the payments to depositors at SVB and Signature.

The idea that the FDIC will just announce in late June that these funds are instead paid out to former WMI shareholders has nothing to do with reality.