Mr Cooper Group Inc (COOP)

[zeus_0100]

I hate to butt in here, but actually, you can have escrow shares without having wmih commons. You could have held preferred Ks for instance and no commons, and if you signed releases, you would then have those preferreds converted into the preferred escrow cusip numbers, no commons attaches to those.
what you are confusing here is that any payout to equity will be split %75, %25 between both commons and preferreds.