Replies to post #346300 on Mr Cooper Group Inc (COOP)

[clawmann]

My understanding, based only on what has been posted, is that dime is either classified as debt (placing dime above all equity) or as equity and would fall below preferreds and above commons. That is what I have read, don't know if it is right or not (the "in between commons and preferreds" part).

[jackfburns]

Hardasset: thanks for checking my math. I'm no mathematician, for sure, so it's good to hear you arrived at the same figures.

My fingers are crossed that $300M flows to the prefs...