Replies to post #73068 on Mr Cooper Group Inc (COOP)

[climberprof]

I do not know how much they spent. There are definetely talks between parties. However, I do not think that the deal between WMI, JPM and FDIC is close at all. Otherwise, why would WMI put that motion to look at JPM's records?

I think JPM does not want to have any deal with WMI at all and WMI is trying to force them. There were some posts here long time ago that JPM is immuned, shielded to this because of FDIC. FDIC offered WMI and they bought it.

We all know that this is NOT the case but on the paper, and in general public this is how it looks.

If WMI can get that ruling from the judge on June 24th and look at JPM's trading records and prove the wrong doing by JPM then that will change everything.

Again, I do not think this will resolve in short time. IMO.

Best
Climber