Replies to post #694464 on Mr Cooper Group Inc fka COOP

[newflow]

You have to look at Trust/DCR column,its positive because the assets were transferred to Trust/DCR.Its negative on WMI balance sheets,because it belonged to equity which was positive.

[rickstereo3333]

Yes, and so is exactly what he claimed also.

Seems you didnt look closely enough to your own link.

They used the value of common equity ($13b) and preferred stock ($7b) to negate the +$20b in retained earnings.

In any event its probably just about accounting and as such is meaningless.