Mr Cooper Group Inc (COOP)

[LuckyPanda]

hotmeat, if 75/25 split is all the way then face value or interest should no longer matter for all color of preferred shares.

If 75/25 split is all the way, then whatever comes back should be split accordingly and the preferreds should not be getting interest first. That would imply APR. 75/25 split all the way means no more face or interests for preferred.

Therefore, if 75/25 split is all the way, then all colors of preferreds and common could have shared a single type of escrow marker split in the same way as the 200 million WMIH shares that were distributed 75/25.

It doesnt make any logical sense to keep differet escrow markers if the 75/25 distribution is already predetermined to go all the way.