Mr Cooper Group Inc (COOP)

[ron_66271]

RePerpetuallize ! March first

is the ShareHolder of Record date for March fifteenth Dividend date for Series R [P's]. The same date probably holds true for the converted TPS shares. IMO, I'm expecting release of new Preferred Shares for P's and TPS for old shares, and cash redemption for the K's.

With News fast approaching due to February ABS Cash Distributions as announced on February 14th, and NSM Conference Call on March first. IMO, this would be a perfect time to RePerpetuallize Preferred Shares with additional ABS Trusts created with NSM.


Thanks AZ.

Just like the WMB Covered Notes, these Preferred shares offerings are also backed by Trusts. Only the K's are a secondary offering.