Replies to post #668446 on Mr Cooper Group Inc (COOP)

[Large Green]

Yes, same $1000.00 Face Value with Option-To-Exchange into COOP common at a preset price albeit generally higher than what it is currently trading at as most all preferred stock have the Option-To-Exchange into common shares of a company.

NTG, now I believe you are on the correct path as this would only be one bucket of returns to investors who signed timely releases by 3/2012.

[Dmceng4]

Ndt

Par of course. Bare minimum. Back to where we were pre BK. No other assets for escrow to receive. Kinda naive!!!lmaorotf!wow WMI was just some mediocre bank holding company. BS.

[goodietime]

"So lets assume 1 WAMPQ is replaced with 1 COOPP (preferred)... So if we were to once again, to get 20 common for each preferred... then 1 COOPP would equal 20 COOP... Now 20 COOP x $50 = $1000 (same as original WAMPQ)..."

Any wag on what a UQ would get?