Replies to post #495163 on Mr Cooper Group Inc (COOP)

[LuckyPanda]

AZ, is it possible that safe harbored assets returning to WMIIC would flow back to escrow holders via Wamu 1031 Exchange? It states on their company overview that the Wamu 1031 Exchange handles tax deferred exchanges. I would think all the interest collecting in those ABS trusts would have been tax deferred for the past 9 years. So any assets returning to old WMI shareholders (escrow) would need some sort of tax defer medium.

If this is the case then we know for sure that escrow should see something by this December since Wamu 1031 Exchange is set to dissolve by 12/20.

[fsshon]

This is exactly why this stock is on a massive downtrend since the election. It's a psychological thing, the value of this companys largest asset (NOL's).is being used as a catalyst for dumping of the stock. If corp rate is going down to 20% and the gov is going to limit tax loss carryforwards, then boom there goes NOL value. That's why after buying at $2 and stock dropped to $1.60, I dumped it. I want to buy back in, but where's the floor? This BOD has their mouths taped shut,unless of course they are talking to insider trading/shorting buddies.

Never trusted that Charles Smith, not sure if I trust Whittingham, because his worming his way onto EC reminds me of the way Paul Ryan wormed his way into the Speakers chair and he has made more than enough salary (for doing absolutely nothing) to offset his equity losses. You are in bed with crooks!
Cheers
Don