Mr Cooper Group Inc (COOP)

[hotmeat]

Quote..."It has been over 5 1/2 years since the LT has been functional and to date, they have secured relatively ""UNSUBSTANTIAL"" returns from the IRS since compared to previous amounts."

Happy now??? It seems you have totally missed my point........


2008-2011 - $6 Billion in Tax Refunds received


2012-2017 - $52 Million in Tax refunds (only $5.3M remaining which is on appeal and could result in $0.00 being received)

Quote..."Taking into account the refunds previously received, and the market value estimate discussed below, the balance of $5.3 million represents management’s estimate of the Trust’s share of the net tax refunds remaining"


$6B in <3 years compared to $47M in >5 years.....it's being dragged out, not a hard concept!!!

A+M have been paid in excess of $2M per year since the effective date. The remaining Tax Returns are valued at $5.3M, possibly $0 if they lose on appeal. I find your assertion that they are being paid $500K per quarter for this already litigated matter laughable.