ChatGPT vs BARD Whats the worth of WMI Liquidating Trust mortgage loans held by Mr. Cooper Group Inc?.
ChatGPT
As of the WMI Liquidating Trust's most recent financial report, the trust's mortgage loans held by Mr. Cooper Group Inc. (formerly Nationstar Mortgage LLC) had a carrying value of approximately $1.2 billion.
It's important to note that the carrying value of these mortgage loans may not necessarily reflect their fair value or market value, as the carrying value may be impacted by factors such as loan performance and estimates of future cash flows. Additionally, the trust's mortgage loan portfolio may change over time as loans are paid off or transferred.
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Whats the worth of WMI Liquidating Trust mortgage loans held by Mr. Cooper Group Inc?.
BARD
According to the 10-K filing for Mr. Cooper Group Inc. for the year ended December 31, 2021, the company held $1.5 billion in WMI Liquidating Trust mortgage loans. The fair value of these loans was $1.3 billion as of December 31, 2021.
The WMI Liquidating Trust is a trust that was created in 2009 to hold mortgage loans that were originated by Washington Mutual, Inc. (WaMu). WaMu was one of the largest banks in the United States before it failed in 2008 during the financial crisis. The WMI Liquidating Trust is currently in the process of liquidating its assets.
The fair value of the WMI Liquidating Trust mortgage loans held by Mr. Cooper Group Inc. is based on an independent appraisal. The appraisal took into account a number of factors, including the current market conditions for mortgage loans, the quality of the loans, and the estimated cash flows from the loans.
The information is not reliable, but numbers are pretty close.
