Replies to post #592456 on Mr Cooper Group Inc (COOP)

[goodietime]

"NOT if AZ is correct in that THEY ARE BACKED BY A TRUST and that TRUST IS DEDICATED ONLY TO THEM."

P's , possibly backed by a Trust.

I am not a financial guru, but I have NEVER heard of common shares being 'backed by a Trust'.
Wouldn't the share price reflect the value of the Trust?
Why would that value go up and down in day to day trading?