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AZCowboy

01/02/20 1:10 PM

#605023 RE: hexson #605020

~ Thanks Hex, And Your Accuracy Is Always Appreciated ~

... any IRS Tax Credits or Allowances associated with WMI’s seized Bank, WMB’ ... will no longer be available to the Present Tense Parent Corp., ... “WMIH” ... once WMB gets removed from the Original and carried forward Consolidated Taxation Group ... which as you stated, ... hasn’t happened yet ... or if it has, hasn’t been made public yet’ ...

Thanks

AZ
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zeus_0100

01/02/20 2:39 PM

#605037 RE: hexson #605020

Nols will only be gone when they are used up by Coop. Those NOLS are an important asset of coop's and if they were in danger of "going away", coop would be REQUIRED to tell you. Go ahead, call them and ask, my professionals did.
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hotmeat

01/02/20 4:53 PM

#605067 RE: hexson #605020

The "NOLS are gone" is a moniker that I've used for almost 2 years to represent exactly what you said. It's the same as the claims that we will receive cash for our Escrows....no we can't but it's said anyway. Either way the whole premise about losing the NOLS after WMB is removed from COOP's CTG is nothing but hogwash.