Mr Cooper Group Inc (COOP)

[steel58]

forest -- I believe voting is a majority, though as I have read 1000 times in all those DS copies Rosen sent me, that since EC is out of the money, by default our vote is no. I am not sure if that vote is by EC members, common shareholders or if we will in reality be sent something. Since many of us hold one type of preferred or another, that are theoretically going to get at leat a miniscule settlement, we may get that vote as well. Assuming every group that agrees to the DS/POR votes yes, I don't know what exact vote counts would be. I also THINK that the judge can add to or delete from the POR settlement. I have done a little DD on confirmation hearings and votes, but I need to do a whole lot more before I can speculate on what may happen with this one.