Mr Cooper Group Inc (COOP)

[bkshadow]

investorhub123, "All Deposits" is a TERM used...

...by the Agency in certain Purchase & Assumption transactions that meet the requirement that the acquirer offers to assume ALL DEPOSITS (note, that means deposits that are insured by FDIC-Corporate and uninsured deposits.

...typically, in a Whole Bank P&AA, the term ALL DEPOSITS will be underneath the page one title WHOLE BANK.

...in order to use the ALL DEPOSITS method, and use the WHOLE BANK method, the acquirer must pass the "least cost" (to the FDIC-Corporate fund reserves) test. This was not always the case, but FDICIA in 1991 made it so (prior practice from the 1980's required only "due diligence").

...if the acquirer is "not assuming all deposits," it is referred to as a DEPOSIT PAYOFF (the FDIC-Corporate will not cover the uninsured deposits).

...the image you linked uses the term "All Deposits" for this reason.

...it is unrelated to the total deposits at seizure (which were not at the amount as has been posted to make a 1% theory calculate).

...the $188B in deposits were as of June 30, 2008.

...WMB was not seized on June 30, 2008.

...the deposits at seizure were approximately $159B.

...so 1% of that is $1.59B not $1.88B as suggested and the theory 'link chain doesn't calculate.