Replies to post #22910 on Mr Cooper Group Inc (COOP)

[rheddle]

I saw his other interview on ABC - he just talks about how he was pressured to increase the ratings of risky loans so that those loans would be approved. There isn't any mention about the assets remaining in the holding company, which is what we are interested in.

I have it on Fox now just in case there is something new.

[Toni]

Interview was with Dale George. Senior Risk Manager.
He basically explained what we already know (that they knowingly made a lot of risky loans)
150B in risky loans.
89 employees are being called forward as witnesses.

[WIDESPREAD PANIC]

WAMUQ has a hearing for the $5 billion in cash Wednesday

IF they received a favorable ruling the SP will run over .50+