Replies to post #704381 on Mr Cooper Group Inc (COOP)

[Bizreader]

There's related incorporations as well...imo, Paladin, for one.

And, the names are a form of obsification, as many understand.

Also, this complexity provides protection for taxable income, operating or corporate liability, and personal liability/ responsibility. However, delaying accounting reconciliation will not ultimately change ownership.

[t1215s]

Good morning people MadBadger in Ref to “ SETERUS” it was and found to be in violation of reg rules and it’s portfolio sold and its entire mortgage servicing portfolio was transferred to Nationstar Mortgage LLC, doing business as Mr. Cooper.

As part of this acquisition, Mr. Cooper takes ownership of the entire, existing Pacific Union Financial company, which has been merged into Nationstar Mortgage LLC dba Mr. Cooper ( in others words would mean their entire portfolio) both happened in 2019

Now I believed they could have been dissolved ,and not needed if their portfolios were USA based only would not be needed for —>

In some countries, licensing regulations make the formation of new companies difficult or impossible. If a parent company acquires a subsidiary that already has the k. A parent company usually selects companies to become wholly-owned subsidiaries that it considers vital to its overall success as a business

But I might be wrong as I only flash read filings these days do to reading a bazillion of them in this game over many, many years ;-)

GoGooooooCOOP
GLTA-Ts

GLTA