Replies to post #468164 on Mr Cooper Group Inc (COOP)

[UpTickMeA$AP]

The "big wigs" live in the realm of reality, and are not waiting for a fantasy to come true.

The only thing of significance to wait for, is M&A.

Hundreds of billions will never become reality. M&A will.

[Large Green]

diamond, maybe AZCowboy will chime in and explain it much better than I but it has to do with the FDIC following through with the transfer of 24 billion to the former WaMu Estate owners plus FJR for which they have agreed to pay 8.37 billion in taxes which has to do with capital gains. These tax attributes have a 5 year expiration which expires on 3/16/2017 and are LEAST maximized in the beginning of the calendar year.

In order to maximize the tax gains, this must proceed by the last day of year 2016 for which the tax attributes are maximized the closer to the last day of the year versus the NOLs when WMIH exited bankruptcy and these tax attributes were maximized by leaving bankruptcy as close to the beginning of the year as possible and this turned out to be 3/19/2012.

So in order to not be liable for many billions in actual losses by losing the capital gain tax attributes, we must see an 8K moving WMIH forward by the last day of year 2016.

[jhdf51]

Yes...I agree...one of my little concerns.

JHD