Replies to post #263543 on Mr Cooper Group Inc fka COOP

[ilenes]

No, I am not saying that...and if it sounded that way in my previous answer, I apologize. What I am saying is that as long as the public doesn't know what's in them, then the debtors can continue with their strategy...if they fear that the public will discover what those docs contain, then they might settle, just to keep the information contained in them secret.

[ub2]

Dang, you can't see sealed from public view verses unsealed IN PUBLIC VIEW?

[bond-007]

Think of it like this VooDoo, Lets say you do something bad as a teenager and the judge seals your Juvy record. Then you will be able to float along and never have to admit to anyone what you did even though the prosecution and the defense know what’s in there. Ok now you turn 18 and do the same thing but the jury can't hear the first offense to show a pattern because it is sealed. Now lets say the Judge unseals the juvy record; you are more likely to have a much tougher time getting out of your mess be cause now the info is damming and could show a pattern.

Point is if the docs are unsealed it could provide what all legal parties know and it will be much more difficult for them to win, and if there is really bad info JPM will not want to lose the publics trust. Because if they lose public trust those wall street friends will turn there back and watch them sink in there on lies. So to prevent this they (if there is daming info) settle to keep it hid the same way you would take a plea if the judge was to unseal the juvy record.