Replies to post #568503 on Mr Cooper Group Inc fka COOP

[BBANBOB]

I just don't see how the APR can just be an on again off again thing.

Prefrds take a possible hit allowing commons to play in case there isn't enough money, but if there is more than enough then they come back into play and THEN keep the balance?????? SAY WHAT!!!!!!!!!!

It makes absolutely no sense what so ever to me.

Then couple that with the position( Class19) that the underwriters vied for and it makes even less sense. SO why didn't they go for the GOLD and GET COMMONS? DO any really thunk these guys and their accts and lawyers are really that stupid?

APR is tantamount in DELAWARE and pretty much is what Delaware is all about.

It would be similar to selling your home and getting a contract for 150K and when the appraisal comes in your home is really worth 175K and you getting the appraisal value not your agreed upon value!!!!!!!!!!

YEAH RIGHT OK that's the ticket