Replies to post #292423 on Mr Cooper Group Inc fka COOP

[NASCOW]

I appreciate your input ....


so far this is what think we know according to news report

The two sides have agreed that the note holders will provide $100 million in exit financing to the new reorganization plan. The form the financing will take has not been worked out, one of the people said.

what two sides? EC & noteholders?

[mordicai]

I hope the gsa is dead. But if it is dead how did it come about? Did TPG as majority common shareholder order the wmi board of directors to do so to protect itself (TPG) from insider trading? Did the wmi board of directors do it because they are getting releases from equity?

[Emptyhead]

A lawsuit with JPM will be a long road and a fight not worth the undertaking. A waste of time and money.