Replies to post #61163 on Mr Cooper Group Inc (COOP)

[grey]

so thats abot $8-$10 doing it in my head

[jackson227]

WMI will be out of BK before it settles then.

[mehedi]

please explain the such long time frame for a settlement, what else did the fly tell you, do you know how much JPIG might be paying?

[grey]

I hope no-body swats that fly on the wall

[jackson227]

I think the fly is wrong .

The lawsuit has been filed against the FDIC, and the FDIC owes a lot more than $18-20B.

WMI is not going to drop the suit because it is a slam-dunk case.


Money from the FDIC will be a settlement, which is not a buyout.

There is no such thing as a settlement/buyout.

A buyout is different than a settlement, and if the devil really wants to take it over, then the devil will have to pay for it.


The 6 months - yr might be right, but by then WMI will already be out of BK.

If the FDIC settles in 6 months, that means that WMI will be worth more, which means that if the devil, or anybody else, wants to take them over, then they will have to pay more for them in 6 months.

I think your little fly is full of $hit.

[Bizreader]

Either the fly is saying something or not. An opinion of a time frame given by a deep throat is evidence of confusion on the part of a. the deep throat, b. the messenger.

Realistically, if this stays in the courts it could take months or more, but no one realistically expects this to be taken to trial. It is not that complicated! IMHO