Replies to post #642659 on Mr Cooper Group Inc (COOP)

[austin01]

MONICALAW, so are you saying escrows holders will or won't get REIT distributions by EOY? If so, are you saying it will likely be the very last day of the year? Or that the REIT payments for 2020 will come by 3/30/2021? I'm confused. Just curious, what entity, specifically, qualifies escrows holders for REIT status payments?

[BOBBYEA]

Thank you Monica, but I'm still unclear about the REITS distribution.


It seems all REITS are now required to pay out 90% each fiscal year. Are ypu suggesting that they only need to notify us in the fiscal year and the actual distribution can be delayed until the end of the next quarter? Or do I misunsrand the new REITS requirement?

Thank you again. Bobby