Replies to post #8542 on Mr Cooper Group Inc (COOP)

[Chiron]

Good question. If we get the answer I expect this will easily see dollars.

[dmceng]

rockie101

With everything else happening, ie the run on the bank etc. WAMU needed a safe shelter from creditors, thus the Chap 11 reorganization avenue was pursued.

Take Care
David

[apennyorbetter]

They had HIGH exposure to sub prime loans and are not sure of thier VALUE with homes selling down.