Replies to post #490609 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ JusticeWillWin, Specific To Your Question ~

The information regarding the removal of any NOL' Tax Advantage associated with WMB' ... being is no longer available once the original, SALE OF THE BANK, WMB, was ultimately finalized' and completed ... was revealed in Judge Walrath's Court'

This exchange is referenced in the "Open Court Transcript" as J. Carreon is introduced to Judge Walrath by J. Mastando (Weil) ... and, answers Judge Walrath's specific question regarding any future Tax Advantages' ...

As has been revealed in all of the SEC K & Q filings by WMIH since its reorganization, ... WMIH has been legally able to use this tax advantage' ... for a zero taxation responsibility', while the relevant litigation had continued, ... Now "Settled" of course' ...

NOW that the P&AA has been completed and the transition of WMB to JPMC has been finalized, ... The NOL Tax Advantage associated with WMB is now also GONE" ...

* The P&AA Contract between the FDIC & JPMC was put into effect on 09/25/2008' ...

* WMB was always going to eventually be sold to JPMC'

* The NOL Tax Advantage was always going to go away with the completion of the original sale of WMB to JPMC'

* The NOL Tax advantage has had ZERO to do with any other M&A moving forward, The NOL Tax Advantage was specific to WMB'

AZ