Replies to post #610594 on Mr Cooper Group Inc (COOP)

[LuckyPanda]

Is this your speculation or do you know something? Coop usually holds earnings at the end of January or first week of February in the past.

[LuckyPanda]

Thanks Reiko. My mistake. I thought I saw 2/7 for last year.

[Royal Dude]

"(Regulation AB)), the documents shall require that, on or prior to issuance of
obligations and at the time of delivery of any periodic distribution report and, in any
event, at least once per calendar quarter, while obligations are outstanding,
information about the obligations and the securitized financial assets shall be
disclosed to all potential investors at the financial asset or pool level, as appropriate
for the financial assets, and security-level to enable evaluation and analysis of the
credit risk and performance of the obligations and financial assets. The documents
shall require that such information and its disclosure, at a minimum, shall comply
with the requirements of Regulation AB. Information that is unknown or not available
to the sponsor or the issuer after reasonable investigation may be omitted if the issuer
includes a statement in the offering documents disclosing that the specific
information is otherwise unavailable;

"SUMMARY: The FDIC is amending its securitization safe harbor rule, which relates to
the treatment of financial assets transferred in connection with a securitization
transaction, in order to eliminate a requirement that the securitization documents require
compliance with Regulation AB of the Securities and Exchange Commission in
circumstances where Regulation AB by its terms would not apply to the issuance of
obligations backed by such financial assets."


https://www.fdic.gov/news/board/2020/2020-01-30-notice-sum-b-fr.pdf?fbclid=IwAR3yoSPyTJmk4sgPSf1VB5OQYtHXVj64L4ywDm3ZC_sdj655DbM7Qg8UBco