Replies to post #461464 on Mr Cooper Group Inc fka COOP

[clawmann]

I think the fundamental issue here is this: how reliable is the balance sheet information that has been published.

Read this, the FDIC's information quality guidelines:

https://www.fdic.gov/about/policies/index.html

The FDIC cannot just publish data that it knows is materially misleading.

So, yes, I think the $2.75 billion, while it is unaudited and so it might be off a bit here and there, it is pretty darn reliable for our purposes.

If anyone thinks the FDIC is misrepresenting the state of affairs, there is a complaint procedure outlined at the bottom of the linked page.