Replies to post #443461 on Mr Cooper Group Inc (COOP)

[Donotunderstand]

Evintos

Thank you

As I recall (seems like 100 years ago) there are various levels of limitations on NOL use

As I recall (again 100 years ago) there are various types of ownership change in type and timing

Can you describe the type of limitations NOL now faces as you understand it ?

My sense is that such limitations do not reduce the present value of the NOL below such math as below

6 Billion
Discount by 30% for bid and ask (value in a merger is at bid price not ask price)
Discount for time 20% (after the 30%)
Tax rate assumed 35%


6 Billion x 70% (WMIH portion of 30% discount) is 4.2 Billion
4.2 Billion x 80% (reduced 20% more for time) is 3.35 Billion
.35% x 3.35 Billion is still over 1Billion Dollars