Mr Cooper Group Inc (COOP): WMMRC is a sub of WMIH and is owned by W...

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Re: footballref-8541 post# 490851

Friday, 10/06/2017 2:20:22 PM

Friday, October 06, 2017 2:20:22 PM

WMMRC is a sub of WMIH and is owned by WMIH of course, and if they sell it the money goes to WMIH, not to the WMILT/escrows.

If WMIH has a taxable gain when they sell WMMRC,they can use the NOLs to pay no taxes for this gain.

Az, If they sell WMMRC and that goes to escrows. What benefit except the 2.5% coming back to wmih would the new company have?

=====> Just my personal opinion, no investment advice!
=====> I am long WMIH

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