Replies to post #119631 on Mr Cooper Group Inc (COOP)

[DavidTrader]

wait I'm confused. What does advanta corp. have to do with anything?
Can someone explain this thing to me in laymens terms for me?
sorry to be a nuasance, I'm not familiar with legal talk, trying to learn tho

[ora123]

once they come out of ch11 the NOL will be theirs

[roccoisking]

Here is the press release on the reorganization. Hopefully WMI will follow the same path.

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20091108005054&newsLang=en