Replies to post #181754 on Mr Cooper Group Inc (COOP)

[Yanik]

looks like we keep moving up he he

[uzualsuzpect]

"Backed away" sounds like rejection to me.

FDIC hasn't rejected anything. They just have not agreed to anything either. Please don't spread false info around here ladies and gents.

The Federal Deposit Insurance Corp. backed away from its support for a $1.4 billion tax break benefiting J.P. Morgan Chase & Co., setting up a battle between the regulator and the nation's second-largest bank.

http://online.wsj.com/article/SB10001424052702304434404575150150787973606.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

[diamondguru-one]

what people DONT understand is ...IT DOENST MEAN JACK what the FDIC/JPM DOES/SAYS/or CLAIMS.....WAKE UP !!!! its "UP" to the "JUDGE" and the "EC" to approve ANYTHING and EVERYTHING

Goooo "EC" and TEAM

[kelseyf]

And they surely have not accepted any part of this POS POR; quoted from the media sources of last night and this morning.

IMO this far closer to a rejection by the FDIC than an acceptance.

"Washington Mutual said the FDIC had not agreed to all of the provisions of the draft settlement agreement. It added that discussions were ongoing among the parties and they were hopeful that such agreement will be obtained in the near future.

An FDIC spokesman said the regulator was working with all parties involved to reach agreement with respect to all terms of the proposed settlement.

"The plan, disclosure statement, and settlement agreement that were filed on Friday do not reflect the continuing discussions among the parties," the FDIC said in an e-mailed statement.

A JPMorgan spokesman was not immediately available for comment on Sunday night."

Kels

[Jestiron]

You know WaWaW, you asked Zilla, nicely I submit, not to spread "false rumors" RIGHT AFTER YOU state that the FDIC has "not agreed to anything"? My Question is: How would you know that? LOL

Perhaps you should take your own advice.

-Jest

[Zilla]

My bad. I'd say that the FDIC says that the POR didn't represent the CURRENT talks. Yes that sounds MUCH BETTER. :)