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WMI Holdings Corp. (WMIH)

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                                                                  http://wmiholdingscorp.com/

 
                                       FORMALLY WASHINGTON MUTUAL INC.

On September 26, 2008, Washington Mutual, Inc. filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code in the Bankruptcy Court for the District of Delaware. After a 3 ½ year bankruptcy proceeding, we emerged from bankruptcy on March 19, 2012 with a new board of directors and certain new officers. At that time we also changed our corporate name to WMI Holdings Corp. and we are the successor to Washington Mutual, Inc. We currently operate a single business through our wholly owned subsidiary, WM Mortgage Reinsurance Company, Inc., a Hawaii corporation, whose sole activity is the reinsurance of mortgage insurance policies that is operated in runoff mode.

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  About Washington Mutual Inc

As early as late 2006, WaMu would begin to become a victim of what would eventually become the worst recession in US history since the Great Depression of 1929.  WaMu's aggressive business strategy would begin to unfold throughout the end of 2006 and become increasingly disastrous through 2007.  As housing rates were at all time highs before the recession began, WaMu would use its considerable leverage and assets to make large amounts of loans in both subprime mortgages and subprime credit cards.  The banking division of WaMu at one point before the end of 2007 had nearly 336 stand-alone branch buildings where various types of home loans were processed and approved.  WaMu would eventually over leverage themselves due to the high number of Adjustable Rate Mortgages (ARMs).  As the US economy slowed down, the number of home loan defaults began to rise in quick succession.  This coupled with the falling home prices throughout most of the US meant that even with foreclosures and the properties back in the hands of the company, they were unable to sell them back into the market, or were not able to derive enough revenue from the sale to cover the loan that was made on them.  In the mean time, the credit card division was also seeing a surge in the number of late and non payments being made.

By September of 2008, WaMu's stock price had fallen to $2 from its previous highs of around $50 just two years earlier.  Amid strong voices from the shareholders, then company CEO Kerry Killinger was dismissed by the company board.  In the meantime, the company went looking for a buyer for part of its banking division. WaMu had been unsuccessful in finding an appropriate buy until its seizure by the FDIC.  Overnight the companies banking division  was bought by JP Morgan Chase in a secret deal brokered by the FDIC for 1.9 billion dollars. 

PURCHASE AND ASSUMPTION AGREEMENT

AMENDED PURCHASE AND ASSUMPTION AGREEMENT - Settlement Extension to September 30, 2010
 

_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

  A list of common acronyms: 

A/L = Assets / Liabilities

JPMC/JPIG = JP Morgan Chase 

WMILT = WMI Liquidating Trust

JD = Jamie Dimon / Jack Daniels

ESC = Escrow

LBO = Leveraged Buyout

BOD = Board of Directors

GSA = Global Settlement Agreement

DD = Due Dilligence

NOL = Net Operating Loss - Appears to be AWOL

RON'S = Runoff Notes

DS = Disclosure Statement

EC = Equity Committee

PM = Pre-Market / Private Message

EOD = End of Day

SJ = Summary Judgement

EOM = End of Message

TIA = Thanks in Advance

EOW = End of Week

THJMFW = The Honorable Judge Mary F. Walrath

SPAC = Special Purpose Acquisition Company

 M/A = Mergers & Acquisitions

GLTY = Good Luck to You

PS = Pink Sock

GLTA = Good Luck to All

PPS = Price Per Share

HOD = High of Day

BR = Brian Rosen

IMO = In My Opinion

SS = Steve Susman

 = BR WAG = Wild Ass Guess
SPAV = Special Acquisition Vehicle MOR = Monthly Operating Report
KKR = Kohlberg Kravis Roberts SIP =Strategic Investment Partner

 

   

___________________________________________________________________________________________________________________________________________________________
___________________________________________________________________________________________________________________________________________________________

                                                                       THE NEW COMPANY


                                          Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc.
                                                                                 (WITH SHAREHOLDERS INTACT)





      WASHINGTON MUTUAL EMERGES FROM BANKRUPTCY ON 3/19/12
 

             WMI STARTS TRADING UNDER NEW TICKER (WMIH) 3/28/12

                                                      OPENED AT .63 CLOSED AT $1.00 HOD $1.10
                                                                            VOL   2,596,805

                                                                                 WMIH



         

   Here's how old shares relate in value to the new share.
1 WAMUQ = 0.03349842 WMIH
1 WAMKQ = 0.4950146 WMIH
1 WAMPQ = 19.8005825 WMIH
1 WMIH = 29.85215422 WAMUQ
1 WMIH = 2.020142436 WAMKQ
1 WMIH = 0.050503565 WAMPQ


 SEC Filings for WMIH

Date Form Title
Jun 10, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(41kb)
Jun 3, 2014 8-K Other Events, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(17kb)
May 21, 2014 8-K Other Events, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(21kb)
May 12, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(41kb)
May 9, 2014 10-Q Quarterly Report
Summary - Full Filing at EDGAR Online(2mb)
Apr 10, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(41kb)
Apr 7, 2014 8-K Entry into a Material Definitive Agreement, Termination of a Material Definiti
Summary - Full Filing at EDGAR Online(57kb)
Mar 14, 2014 8-K Other Events
Summary - Full Filing at EDGAR Online(14kb)
Mar 14, 2014 10-K Annual Report
Summary - Full Filing at EDGAR Online(4mb)
Mar 10, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(42kb)
Feb 13, 2014 8-K Change in Directors or Principal Officers, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(20kb)
Feb 10, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(41kb)
Jan 31, 2014 8-K Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securi
Summary - Full Filing at EDGAR Online(2mb)
Jan 10, 2014 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Summary - Full Filing at EDGAR Online(40kb)

 

 WMIH 8-K Filed 4/16/12

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8200474


http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000909518%2D12%2D000211%2Etxt&FilePath=%5C2012%5C06%5C08%5C&CoName=WMI+HOLDINGS+CORP%2E&FormType=8%2DK&RcvdDate=6%2F8%2F2012&pdf===

WMIH Recent News

 

 

 


 

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Wiki
WMIH News: Current Report Filing (8-k) 07/10/2014 05:01:17 PM
WMIH News: Small Company Offering and Sale of Securities Without Registration (d) 06/16/2014 05:59:00 AM
WMIH News: Current Report Filing (8-k) 06/10/2014 05:00:58 PM
WMIH News: Current Report Filing (8-k) 06/10/2014 04:39:04 PM
WMIH News: Statement of Changes in Beneficial Ownership (4) 06/06/2014 03:34:54 PM
PostSubject
#402115  Sticky Note Admins, can you sticky this post? bkshadow 07/21/14 05:40:39 PM
#402113  Sticky Note Admins, can you sticky this post please: tanjazielman 07/21/14 05:16:28 PM
#400237  Sticky Note Uncle Bo's take away from the shareholder meeting BlueeFoxx 06/08/14 08:54:02 PM
#397110  Sticky Note WaMu Seesaws On M&A Speculation BlueeFoxx 03/24/14 04:17:07 PM
#391828  Sticky Note News for 'WMIH' - (WMI Holdings Corp. Announces rodster73 12/09/13 08:59:36 AM
#402139   Hey, Johnny's W's back! boarddork 07/22/14 12:42:05 AM
#402138   I also believe we get paid in September :-) SweetGeorgiaBrown 07/21/14 10:09:12 PM
#402137   JPM broke so many rules, many people are mad4 07/21/14 10:03:44 PM
#402136   Since you have all of the information which Large Green 07/21/14 09:49:02 PM
#402134   Unsticking this post. bkshadow 07/21/14 09:29:24 PM
#402133   There is no DD, and 100's of billions.... bkshadow 07/21/14 09:24:35 PM
#402132   Mad your post is all about your hope, EXDIMER 07/21/14 09:22:03 PM
#402131   drrugby, you have stayed away too long. It Large Green 07/21/14 09:18:47 PM
#402129   But not forgotten! BigBang 07/21/14 08:38:25 PM
#402128   Based on my and others diligence, the only Large Green 07/21/14 08:34:03 PM
#402127   Awesome DD and facts! I have always mad4 07/21/14 07:59:41 PM
#402126   Based on that great post, what do you wamutrader 07/21/14 07:41:42 PM
#402119   Sheila Bair is gone? Civil War General 07/21/14 06:17:37 PM
#402117   I Love this three points of You David Olti 07/21/14 05:46:15 PM
#402116   'Catz, excellent post, great DD bkshadow 07/21/14 05:45:03 PM
#402115   Admins, can you sticky this post? bkshadow 07/21/14 05:40:39 PM
#402114   Excellent Post Tanja, great DD Royal Dude 07/21/14 05:37:27 PM
#402113   Admins, can you sticky this post please: tanjazielman 07/21/14 05:16:28 PM
#402112   wamu, KUDOS to you...at least you have some Large Green 07/21/14 05:04:32 PM
#402110   "And it was insufficient to move forward SweetGeorgiaBrown 07/21/14 04:56:37 PM
#402109   Catz, Something to ponder.. drrugby 07/21/14 04:51:11 PM
#402107   Ha, you mean this? tanjazielman 07/21/14 04:46:13 PM
#402106   HAVE I TOLD U LATELY HOW MUCH I wamugold 07/21/14 04:45:19 PM
#402104   SGB -- just not billions. WithCatz 07/21/14 04:29:50 PM
#402103   The Securitized Mortgages. David West 07/21/14 04:28:29 PM
#402102   Catz are predicting 0 for escrow or just SweetGeorgiaBrown 07/21/14 04:27:59 PM
#402101   tanja -- did you read the SEC filing WithCatz 07/21/14 04:26:27 PM
#402099   Thanks LG! tanjazielman 07/21/14 04:16:55 PM
#402098   I am MORE than happy to tell the Large Green 07/21/14 04:11:53 PM
#402097   Don't project your future perspective on me, Catz. tanjazielman 07/21/14 04:03:27 PM
#402096   Wow. You've got some major headaches coming. WithCatz 07/21/14 04:01:38 PM
#402095   Vodka, Punitive payment doesn't seem likely. tanjazielman 07/21/14 04:01:32 PM
#402094   sidedraft...just think you COULD have had your money Large Green 07/21/14 04:01:03 PM
#402093   Aren't you saying you're "sure" too? WithCatz 07/21/14 04:00:33 PM
#402092   Disagree. Why? 110 billion in withheld loans during bankruptcy (with tanjazielman 07/21/14 03:45:39 PM
#402091   tanj, thank you many times over for your Large Green 07/21/14 03:43:40 PM
#402090   At $2.78 I am only up 457.78%, I sidedraft 07/21/14 03:36:02 PM
#402089   I have a hard time believing this will vodkadejour 07/21/14 03:32:11 PM
#402088   Were gonna be awhile so dont unravel. jhdf51 07/21/14 03:26:01 PM
#402087   Yeah we are physical being robbed. Cat is ora123 07/21/14 03:09:40 PM
#402086   What? $2.76 = junk. So pissed!!! Zalviny 07/21/14 03:09:33 PM
#402085   I disagree. tanjazielman 07/21/14 02:49:29 PM
#402084   It's an issue as a theoretical exercise. WithCatz 07/21/14 02:24:55 PM
#402083   What do the contract terms say about witholding tanjazielman 07/21/14 02:21:32 PM
#402082   Do you or do you not believe WAMu tanjazielman 07/21/14 02:16:52 PM
#402081   Straight by the book Catz. While every legal Civil War General 07/21/14 01:53:35 PM
#402080   LG...When does trance 5 & 6 start? We ora123 07/21/14 01:44:02 PM
#402079   Dude I think it's very gullible when you tanjazielman 07/21/14 12:54:35 PM
#402078   Good DD Milk Duds, tanjazielman 07/21/14 12:45:09 PM
#402077   Hello HotStockAce. $WMIH can run so so UpTickMeASAP 07/21/14 12:17:29 PM
PostSubject