Replies to post #292401 on Mr Cooper Group Inc fka COOP

[Lawrence 147]

That is right commons are not worth the run up yet as they could still turn out to be sub penny in the end. To be a winner in this one the preferred are the way to go for the time being, though I am sure this will change in time.

[NASCOW]

Could the gsa between wmi, jpm, fdic and the senior note holders still be intact?

mordicai, funny you say that...absolutely, too early to know. What amazes me more, the good news or the fact we had Fridays news releases? LOL


according to recent news

The two sides have agreed that the note holders will provide $100 million in exit financing to the new reorganization plan. The form the financing will take has not been worked out, one of the people said.