Replies to post #549082 on Mr Cooper Group Inc (COOP)

[hotmeat]

The book value (BV) is the recorded price paid for the asset while the market value (MV) is it's current value of the asset.

Using your example, the BV of a property bought 50 yrs ago would be much less than the current MV of the property.

If the property became dilapidated or undesirable and depreciate in value only then would the BV be greater than it's MV.