Replies to post #184278 on Mr Cooper Group Inc (COOP)

[up and up]

I also think that the j.p.m. report on ghost
was no fluke either.the numbers will be huge
and Solomon has been on this as of February.

[Lawrence 147]

$24.00

The only thing I can say about seeing a valuation from Solomon is first we must wait for the approval from the court. I would assume that once that occurs their valuation would become part of the courts records and brought up on Pacer at least, I am not so sure about the KKLC site as that is sponsored by the creditors I think. But it could just show up there, as well it should. What reason would the court have to hide such a document it would be an important part of determining who will take charge of the cause.


Longhaul if you go about your day hoping for the bet and preparing for the worst, it leads to a miserable outlook on life and a heart attack when your expectations are exceeded.

$24.00

[LexTrader]

I imagine when Solomon is approved by the court, JPM will ask to schedule a "serious " meeting with the EC. JPM already knows the value of the assets, and I would think, after Solomon has their assessment completed, JPM will make an offer.
This is just too risky for them to allow continuance into a trial, which exposes their collusion with the FDIC in the seizure.
I would also think the FDIC is putting behind the scene pressure on JPM to make things go away ASAP. The JD shareholder letter looks like a way to soften the blow for a substantial payout.