Replies to post #24818 on Mr Cooper Group Inc (COOP)

[Walker]

So - everyone who wants in before the 4.4 billion is officially WAMUQ's has 2 days to buy. I would say the next 2 days will be up - have to be in by Monday for the judges ruling.

[dfire6912]

Well, the unsigned motion wasn't the only thing in the news. JPM also basically agreed to give it back:

http://biz.yahoo.com/rb/081015/business_us_jpmorgan_wamu.html?.v=2

So I'm not really sure how much of a push or shove in either direction the approval of the motion will cause. Not like JPM is fighting them for it.

[pbroadrun]

I would think they would try and buy out WAMU before theinvestigation really gets going. On the other hand I am sure if the want to cover it up they can. IMO

[hestheman]

It is a given that Wamuq will get that 4.4 billion back. It is their money and they are entitled to it....just like the many other accounts that were switched to JP MORGAN.