Replies to post #547183 on Mr Cooper Group Inc (COOP)

[LuckyPanda]

I'm not sure but I suspect since the DB probate ended December of last year, maybe there is a tax rule where the trusts must distribute within a year. I'm not an expert in these tax matters.


All I know is that the big boys could have made a fuss in court years ago to end these endless delays but everyone kept quiet. Between class 17 and the preferred shares, they are sitting on at least $20B return that they could have invested back in the booming market these past few years...but everyone kept quiet. My only conclusion is that it must be the benefit of tax deferred earning accrual...It must be more advantageous to leave it in safe harbor under tax deferred than taking it out early and reinvesting in the market..