Mr Cooper Group Inc (COOP)

[Boris the Spider]

xoom, that is correct. But could take some time.

I say that 25-30B will hit first and be 75 25. I know bop and others are convinced of 600B, but that could take time. Bops source agrees with the 600B figure.

It's hard to say how this will play out. My guess is at some point we will see new preferreds issued as a 1 for 1 exchange with current Ps.

I wish people would stop referring to the now defunct LT! There will be no money coming back from the LT. That ship has sailed. So people need to stop with the LT Doreen Walrath Rosen nonsense. They were correct....escrows will get nothing from the LT.

2.5 par is on the way IMO. That 150B raise jpm just did is the Tell.