Mr Cooper Group Inc (COOP)

[LuckyPanda]

You should just look at the 2007 wamu 10k. It clearly states on there what the interest generating asset size is and what the interest bearing liability size is (deposit base). Wmi owns the entire portfolio but the portfolio also has a libility to the deposit base that funded it.

The net equity is around $30 billion in principle value (asset-liability) but the hidden value is in the interest spread between the asset and liability ($142 billion theoretical, but $60-80 billion easily with discounted conservative assumptions)