Mr Cooper Group Inc (COOP)

[hotmeat]

More like the LT has not received anything outside of WMI's bankruptcy assets since 2012.

Once they receive ANY assets, whether Cash or illiquid Mortgage Certs, they will only then be accounted for as a whole, rather than as they are received bit by bit.


This imo would apply where varying quantities of assets are being returned from multiple sources, rather than one main source, over a period of time.

Rather than constantly updating the filings, the assets are reported as one group of assets instead of as individual assets received.

Clearer???