Mr Cooper Group Inc (COOP)

[DarkB4Dawn]

2016 a 6B NOL offsets 6B gain in taxes due by 35% at the current rate. The tax law changes the next year. a 6B NOL offsets 6B gain in taxes due by 15% at the current rate. If your tax rate changes and you owe less, the NOL value follows at the same relative value as it is tied to the current tax rate. The option to use them is a choice. Are they worth less...depends if the rate changes again, and when you use them, and when they expire. The value is relative to the size of the company and its financial condition, and its ability to use or delay use,and a future unknown tax rate.. JMHO