Replies to post #562451 on Mr Cooper Group Inc (COOP)

[blissedout]

Unfortunately I'm not the brightest bulb on the string when it comes to investing, so I still don't completely understand what I own.

Instead I played it safe, bought and held P,K and common. Hopefully having these assets completely locked up for years saved myself from selling them and perhaps I'll see some kind of financial reward in the near future for taking that risk :)

[wamugold]

AZ I'm so glad I did not listen to the hype and kept my commons. I just simply bought an equal $ amount of preferreds. I'm at peace thinking if there is a distribution I have covered most of my bases. My only regret was not having bonds or PIERS.

[jjflash49]

AZ. Hope you are doing well.

Thanks for the review again on the Preferreds.
It's clear they still exist of course.

Could you explain more about what returns an accredited investor gets versus a secondary market purchaser (like me) when the dust settles?
I have been hoping to get $1000 per plus accumulated dividends but i'm thinking after reading that the accumulated dividends are not coming back.
I'm a bit confused again.

And what will the accredited investors get in comparison?

Thanks AZ

[rwdutch]

Agree with AZ , all one has to see is the designated escrow function.
My Schwab account has ‘P’ escrow listed as fixed income and ‘Q’ escrow listed as equity or stock.
Different designation for different types of instruments. Keep this simple ... please!