Replies to post #464719 on Mr Cooper Group Inc (COOP)

[NewbieWar]

I thought there was only a few claims left...

I thought in june or so a long list of claims had been denied/approved/settled and left only a handful remained...

[cura asada]

Look at the tax refund.

Quote:

Taxes

On June 6, 2016, the WMI Group received a letter of acceptance of the settlement from the DOJ. The settlement provides that the WMI Group would be entitled to a net tax refund of approximately $42.9 million plus interest and return of penalties, if any. On
July 21, 2016, the IRS paid $100,967,976.36 to the Tax Refund Escrow Account. The Trust is entitled to 20% of
this refund pursuant to the GSA, or $20,193,595.27, subject to holdback to fund other tax litigation or exposures

Quote.