Replies to post #677480 on Mr Cooper Group Inc (COOP)

[Boris the Spider]

Yes AZ, plenty to go around.

The amounts are staggering. My concern has always been, the corruption we are dealing with. Its is pervasive throughout the government, FDIC, FED, banking, etc. Dimon is very well connected.

I must say I am hopeful but not optimistic. Let's hope for the best.

[jjflash49]

AZ, question, wouldn't WMIH(Coop) have to file with the SEC if they are going to change there subsidiary accounting (assuming that accounting for their other subsidiaries is not being done at the moment). and this would have to occur before a quarterly report to see the proper accounting.

I guess I'm asking if we should see another 8K before we actually see returns encapsulated in a quarterly report or was the last 8K the key?

Hope I'm making sense

Last 8K info below

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On December 1, 2021, Mr. Cooper Group Inc. (the “Company”) disclosed an update to its 4Q’21 guidance, including the following:

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The Company expects Originations pretax operating income at the high-end of the guidance range of $150-$175 million previously disclosed.
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Servicing pretax operating income is expected to be higher than prior guidance of $10 million on higher EBO revenues.
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Reverse sale is on track to close in December 2021.

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[xoom]

Hi AZ, pps closing in on your $50 mark and markers disappeared from TDA. I think you predicted both events !!!
Thoughts ?
TIA