Mr Cooper Group Inc (COOP)

[gophilipgo]

Ps won't be wiping themselves out by voting "no". However, they will be limiting the amount of NOLs available from $17 billion to $6 billion if I understand correctly. But unlike the $17 billion, the $6 billion is unrestricted, and as we all know, the $6 billion is what the SNHs were after. But, they had the cash to utilize them. NewCo doesn't. So as far as the best scenario for NewCo--owned by only preferreds or shared with commons--it's a toss-up, in my opinion.