Replies to post #661371 on Mr Cooper Group Inc (COOP)

[sillyinvestor]

Thanks AZ, wow...gov is still around and kicking. Huh, and I have not heard Sunshine mentioned in a looooong time.

And damn if I always wondered if we'd hear from Henderson at some point.

Here's the link I believe...

-- removed --

Oops, just realized that's a download, and I don't have anywhere at the moment to host it.

[woodstock_guy25]

Govinsider - a name from the past yahoo days :)

Thank you for sharing AZ!

[Bizreader]

#1 here mentions something I have not thought of or read about yet: closing the books per current reality.

For such a large institution this may have taken years.

I really want a post morten report month by month, for the econ history majors. We MUST learn.

[xoom]

Hi AZ, the part highlighted below, seems to be where there is that certainty of ‘stuff coming back’ and is recognized, formally.
The key word seems to be ‘reversed’. Don’t think too many scenarios are depicted as though it can actually happen. It’s mostly, till the time this doc was released, can never happen. So progress finally on the status and reporting !!!

Note that certain non-cash adjustments such as the estimated loss on assets and probable litigation are reversed when they are recognized as liquidation transactions in the Statement of Operations.

GLTA