Replies to post #646279 on Mr Cooper Group Inc (COOP)

[hotmeat]

Yet another IRS PLR that supposedly proves Escrow $$ are coming....I can already smell new theories being "cooked" up.

https://www.irs.gov/pub/irs-wd/202102007.pdf


See post 646202 by xoom

[SamuraiProgrammer]

I think it is post 646202...


Quote...

thanks to a respected poster on BP Thoughts on this IRS PLR ? (filed on 1/15) https://www.irs.gov/pub/irs-wd/202102007.pdf Seems this says stock of Sub1 to NewCo. We know COOP is a sub. and WMIH was newco. TIA


This is an IRS document ruling on a tax situation in a letter. The details are obfuscated and apparently this is normal for this sort of thing.

It is purported to be about WMIH. It resembles a lot of the details and some of the predictions about how the company may be reorganized.

I hope this helps.

[BBANBOB]

NOW this is funny

""" I barely follow along anymore.."""