Replies to post #266732 on Mr Cooper Group Inc (COOP)

[jackfburns]

I'm not expecting a settlement by 1/31/11, but I expect the POR will be rejected by then, which will spur serious settlement discussions (which may take several weeks).

FDIC wants/needs releases, and JPM can't chance having their dirty laundry aired in court if the GSA/POR isn't approved.

Until then, the evil axis is sure to try to influence Judge Walrath. There's a lot at stake.

-Jack

[longhaulq]

Im expecting good news, but not a settlement by 1/31.
Are you expecting any settlement at all?