Replies to post #156509 on Mr Cooper Group Inc (COOP)

[TheHungryHippo]

THANK YOU.

that is just what I wanted to read.

I also read the i-box,

I feel alot more informed now.

GLTA

[warcton]

Great post! I agree with #1,

I believe that there are no material issues of fact, and I know of none that either the FDIC or JPM have raised.

The FDIC has basically poised themselves to "take" the $4bil if and when the SJ is granted, thus conceding that WMI truly owns the deposit but they have the offset right to seize it.

We are ready for a ruling on the SJ this week....but with how this case has been going lately, I am not expecting a ruling.

Personally, I am interested in hearing from OUR lawyers in their first Omnibus as our "official" counsel more than anything else.

Of course is we are granted the SJ on Thursday, I won't be sad.

[jhdf51]

Great post fssh..I as well go with number 1 ....

respectfully,

JHD

[thepennyguy]

Fish i would like to add and emphasize that the latest delay was forth set by the FDIC if THJMW considered moving in favor of the transfer to FDIC she would have denied summary judgement immediately and continue to perhaps approve or deny the FDIC automatic stay and allow for WMI to set for trial date.
IMO

I also bet on #1

[dred scott]

GREAT POST FISH!