Replies to post #634304 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Silly', You Are Allowed After ALL That Has Been Done To US' ~

... I Understand ...

Hey AZ, one thing I was reflecting on, is how REITS actually get treated in the real world.

Earnings alone don't tell the whole story when it comes to REITs. Going back to the 90% rule, the SEC doesn't say anything about FFO or cash flow, it says REITs must pay out 90% of taxable earnings. As WMI can claim it will have NO taxable earnings (due to the NOL's), it worries me a little that some suit could state "they have no "taxable" earnings, just too mess with us a bit longer.

I know, I know, being a bit paranoid, but.

... Honestly, I seriously doubt that WMIH-Corp would attempt such a thing ... after all, I'm the guy that believes that any taxing credits given for WMB, will dissipate once WMB moves to JPMC, No more asset ? No more Tax Credits ... (that's how I ran my own business)

... Anyway I think you already know this, however for the group ... A Real Estate Investment Trust (REIT), generally produces a fixed return, either semi-annually or quarterly' ... then at the end of each year, any additional profit earned gets released as a secondary distribution, generally in December, making the participant responsible for any taxable income' for the given year ... I've used these REIT income vehicles for many many years, and currently I have TWO that are distributing their excess earnings in October, and roughly SIX that will distribute their additional earnings in December ...

... remember, the reorganized company, WMI, to WMI Holdings Corp, to WMIH-Corp, the Current Parent Corp', was truly given to retail', all 200 million shares ... then after TWO issuings of "Secondary Dilutive Shares" and ONE 12/1 RS ... Here WE' Are ...

I hope that was helpful

AZ

[PickStocks]

Yes, they are messing with us, oh wait we have not seen a penny yet.