Mr Cooper Group Inc (COOP)

[jerrylev]

PIERS sued in 2013? HMMMM? Did you mix up the years? I own PIERS and am not aware of this.

I don't understand why people are making a big deal out of PIERS because they have nothing to do with escrow. Furthermore, PIERS is just a debt albeit the lowest one and at one time or another before 2012, they may sue to get paid. Big deal. And they had to pay FJR penalty to the senior creditor because there is a clause in their contract and that's all.

Me as well as other investors treat PIERS just like another stock to buy. At one time it is not good to own, in another time it is good to own, especially when it went under 3 and was paid 10 per share. What stock give you 300% return in 3 years?