Replies to post #649448 on Mr Cooper Group Inc fka COOP

[Uncle RD]

AZ, you mentioned asset values being much more valuable than you had conservatively considered.

From your new consideration do you believe that the asset values are >$60B-<$100B, or much more?

I value your opinion and appreciate all that you do for this board.

Uncle

[johnlconfer]

Az , Xoom if I may be able to add.

1. We have no idea what the details are for the plan KKR got approved by the IRS private letter. This maintained the reorganized WMI.
2. What if the the interest return on the trusts income over the last 12 1/2 years is 6%!
3. When the reorganized WMI is completed, the CLs will be worth about $60B in tax savings from the FDIC vs $1.2B in tax savings from the NOLs.

Food for thought!

Az yes this is very complicated!

Semper Fi