Mr Cooper Group Inc fka COOP

[sillyinvestor]

Hey AZ, one thing I was reflecting on, is how REITS actually get treated in the real world.

Earnings alone don't tell the whole story when it comes to REITs. Going back to the 90% rule, the SEC doesn't say anything about FFO or cash flow, it says REITs must pay out 90% of taxable earnings. As WMI can claim it will have NO taxable earnings (due to the NOL's), it worries me a little that some suit could state "they have no "taxable" earnings, just too mess with us a bit longer.

I know, I know, being a bit paranoid, but...