Mr Cooper Group Inc (COOP)

[bkshadow]

hotmeat, again, a misunderstanding is an issue...

...with regard to the liquidation basis of accounting, IMO.

...the post infers that "the LT is yet to reclaim or be reimbursed assets held by FDIC/JPM" so, until done, they will not be reported.

...that is non correct.

...estimated recoveries under the liquidation basis of accounting are unique and unrestrained by previous GAAP standards.

...there need be no constraints from GAAP so as to allow for the 'full plate of 'what is estimated to come in eventually.

...so, to assert the contrary is a misunderstanding of such basis of accounting.

...resources include contacting the FASB, or the AICPA for technical assistance.

...of course, above and beyond simply contacting the WMILT; the entity of the subject discourse.