Replies to post #285268 on Mr Cooper Group Inc (COOP)

[Bizreader]

Yes but I'm meditating.

[rainbow1111]

Each side always hires their own expert. Maybe they are shopping for a lower valuation than the Blackstone valuation? They certainly won't accept Solomon's valuation.

For example, a friend of mine was in a terrible auto accident. Her attorney (plaintiff's side) hired an accident reconstructionist. The respondant's side hired one also. Of course both experts had opposing opinions. The experts are very aware of who is paying the bill.

I worked on an estate where the attorney "hinted" to the appraiser that he wanted a valuation of under $xxx,xxx. If the value was slightly higher than that number, an estate tax return would be required. If it were lower, it would have saved the family the cost of the tax preparation of the return. As the CPA, I would have preferred a higher valuation. LOL.

The attorney said to the appraiser that he wasn't going to tell him how to do his job, but if the value is above $xxx,xxx, the estate didn't want a formal report. And, you guessed it, the valuation was just under $xxx,xxx and a formal report was prepared. This seemed like a very reasonable way of handling the situation. Many times the valuation will be in a range with the appraiser writing that the range of value is $400,000 to $500,000 and finally stating that the value is $450,000. Well, why not $400,000, or $425,000, etc.? Valuation is not an exact science.

I know it's Saturday,but isn't anybody the least bit curious about why Rosen is "double-paying" for another valuation service(triple if we count Blackstone)when the estate has been paying PJSolomon for the same work?????Opinions anyone?????

[wamuvoodoo]

he's just trying to show the court look we did it again even thought these valuators are paid off to say whatever rosen n crew says its worth..rosens just trying to back up all his bull shiat numbers

[uzualsuzpect]

That's when BR says "See Judge, Blackstone valuated the company correctly and now we have Valuation Research Corporation verifying the numbers. Equity is still out of the money."

Hopefully, this will start the true valuation war we have all been waiting for.

AIMO

[castboy]

I think this shows that Rosen is very concerned with what PJ Solomon numbers might be,so he wants VRC to match Blackstone numbers to show the Judge that hey we have two opinions that show about the same value so see we are not hiding anything.Rosen also might be wanting VRC to show a valuation closer to what he thinks PJ solomon numbers might be so if and when the EC shows PJs numbers it is in the ballpark and Rosen can say hey we valued some stuff wrong the first time with Blackstone and we see that there is money now to include equity and now we can settle this mess LOL wouldn't that be a easy way out of this BK Fraud that Rosen and gang has created.