Replies to post #655593 on Mr Cooper Group Inc (COOP)

[woodstock_guy25]

Boarddork,

I am not sure what your deal is... or saying sore spot to me... BUT FOR THE RECORD instead of taking the time and calling people names, or just not saying sorry you are WRONG let me help you out a little.

Go to Mr. Cooper homepage, click investor relations click SEC filings, click on any 10-Q oh and here is one from BEFORE OCT.. and guess what if you took the time to do DD instead of posting FALSE information on this board we wouldn't be here.

July 2020:
11. Securitizations and Financings

Variable Interest Entities (VIEs)
In the normal course of business, the Company enters into various types of on- and off-balance sheet transactions with special purpose entities (“SPEs”) determined to be VIEs, which primarily consist of securitization trusts established for a limited purpose. Generally, these SPEs are formed for the purpose of securitization transactions in which the Company transfers assets to an SPE, which then issues to investors various forms of debt obligations supported by those assets.

April 2020:
12. Securitizations and Financings

Variable Interest Entities (VIE)
In the normal course of business, the Company enters into various types of on- and off-balance sheet transactions with special purpose entities (“SPEs”) determined to be VIEs, which primarily consist of securitization trusts established for a limited purpose. Generally, these SPEs are formed for the purpose of securitization transactions in which the Company transfers assets to an SPE, which then issues to investors various forms of debt obligations supported by those assets.