Mr Cooper Group Inc (COOP)

[ron_66271]

Ray; The P’s are Non-cumulative.

I don’t remember the K’s Prospectus.

No past cumulation of the old interest payments of $76 per year for Series R holders.

Very smart of WMIH and KKR to use these old interest payments collateral to finance the loan.

The RE/DCR in Treasury Notes is now greater than your ‘said’ back interest.

I sure which the MB’s would have read my links regarding the performance payments of around $225 for each Series R holders EOY.
Those funds are perpetually accumulating.



Ron