Replies to post #513575 on Mr Cooper Group Inc (COOP)

[jerrylev]

15% tax rate for corporate under the new tax law.

15% * 6B = 0.9B, less than 1B.

The NOL is such that you subtract from your income but not what you have in total tax saving.

That's why our stock tanked when Prez Trump was elected (but I love that my other stocks went up).