Replies to post #536610 on Mr Cooper Group Inc (COOP)

[Donotunderstand]

The SPE's also retained some PI/BI as an investment and also to improve the Credit Rating of the assets.

I hope that is true and as such the PI/BI income would be our property through the LT and hopefully has been segregated and collected for us (as by now the residual value must be low)

you note

Once the BK and/or Receivership are closed we should get a clearer picture.

That makes sense and in reality - any value will be understood THEN