Replies to post #176382 on Mr Cooper Group Inc (COOP)

[steel58]

climber... Maybe they figured better not p*ss the judge off, since she would obvious reject the objections anyway.

[OrnateSilk]

A lot of times it is nothing more than knowing which battle to pick.

All parties knew the judge was in favor of establishing the EC. They also knew that if they objected, it would most likely be overruled. Why object to something that is going to make you appear inhuman? Especially when there is a 99.9% chance going in that it will be overruled with a hard thud?

[GO4AWILDRIDE]

JPM & FDIC need the EC to get into the settlement or risk another suit from the shareholder if they are left out of the settlement.

Only way to put this to bed is to include all parties.

Sealing the documents will also protect them from the DOJ.

It is a smart thing on JPM's part to NOT OBJECT, only WMI who is now the enemy of the EC would object, they did not as they knew it was useless.

[BuyHigh-N-SellLow]

TL;DR