Mr Cooper Group Inc (COOP)

[rainbow1111]

Thanks ptolomeo. This is EXACTLY why I switched to almost entirely PQs. When my PQs get paid in full, then my UQs should be paid.

How many times do we have to go through this? Thanks for taking the time to do the calculation.

I REALLY want PQs paid in full and any decent amount to UQs.

OK, in case the priority rule is violated (I sincerely don't see it), did you take your time to make numbers and see how much preferreds would agree to give up?

Did you take you time to make those numbers? How much percentage of haircut do you think preferreds will accept?

Total 8B in preferred value, a 5% haircut is 400$ million which divided in 1,7 billion WAMUQ shares make 0,23$ per share
Total 8B in preferred value, a 10% haircut is 800$ million which divided in 1,7 billion WAMUQ shares make 0,47$ per share
Total 8B in preferred value, a 15% haircut is 1.2$ billion which divided in 1,7 billion WAMUQ shares make 0,70$ per share
Total 8B in preferred value, a 20% haircut is 1.6$ billion which divided in 1,7 billion WAMUQ shares make 0,94$ per share
Total 8B in preferred value, a 25% haircut is 2.0$ billion which divided in 1,7 billion WAMUQ shares make 1,17$ per share
Total 8B in preferred value, a 30% haircut is 2.4$ billion which divided in 1,7 billion WAMUQ shares make 1,41$ per share
Total 8B in preferred value, a 40% haircut is 3.2$ billion which divided in 1,7 billion WAMUQ shares make 1,88$ per share
Total 8B in preferred value, a 50% haircut is 4.0$ billion which divided in 1,7 billion WAMUQ shares make 2,35$ per share
Total 8B in preferred value, a 60% haircut is 4.8$ billion which divided in 1,7 billion WAMUQ shares make 2,82$ per share
Total 8B in preferred value, a 70% haircut is 5.6$ billion which divided in 1,7 billion WAMUQ shares make 3,29$ per share
Total 8B in preferred value, a 80% haircut is 6.4$ billion which divided in 1,7 billion WAMUQ shares make 3,76$ per share
Total 8B in preferred value, a 90% haircut is 7.2$ billion which divided in 1,7 billion WAMUQ shares make 4,23$ per share
Total 8B in preferred value, a 100% haircut is 8$ billion which divided in 1,7 billion WAMUQ shares make 4,70$ per share