Mr Cooper Group Inc fka COOP

[BBANBOB]

Az I am curious about something and would appreciate your input please.

IF trusts are preferd specific

All trusts behind both P's and K's is for the SOLE benefit of the preferd it funds, don't then ALL value in those trusts need to be divided EQUALLY for the benefit of those ISSUE ONLY?

As you suggest all of the others are as you suggest for commons only, so aren't then the ones backing each of the preffereds ONLY for their benefit?

So wouldn't the TOTAL value of the trust go specifically to those?