Replies to post #618025 on Mr Cooper Group Inc (COOP)

[jb92106]

AZ,

In your opinion will COOP need to report on full company financials starting in this Quarter, or is possible for them to stall the reporting even further?

Jim

[jjflash49]

Thanks for all of your efforts AZ!

[RajuSondh1]

AZ I brought up this FDIC reporting date before: FDIC receivership was updated 12/06/19 but their accounting still use 2017 date, you must have read this statement, "As of December 31, 2017, the receivership’s total assets increased from the prior quarter ending September 30, 2017 by approximately $19 million. This amount includes an upward adjustment of $15.5 million attributable to investment interest earned by the receiver on its cash held in the National Liquidation Fund (NLF). This adjustment was made to reflect WAMU’s reallocated pro rata share of the total investment earnings of the NLF as calculated on a daily basis from the receivership’s inception."

Why don't they say as of 2019? What do you think is the reason? Are they hiding something?

[jhdf51]

So are there some shenanigans going on that would cause delay for escrow or are we on track regarding a timeline that we just have not reached yet?

Secondly with many across the country certainly going to go into foreclosure does this disturb the business model of Coop.

Thanks AZ!

JHD