Mr Cooper Group Inc fka COOP

[goodietime]

"No 75/25%.

What ever belongs to Class 19, that they will receive, and no more.
My math; 2.1X in performance payments for P's"

And the reason the Underwriters, fought so hard to stay in that Class would be, what?

P's as 2.1x, end up with more than U's?

Underwriters don't want to make a lot of money?

Or, perhaps ???