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WMI Holdings Corp. (WMIH)

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Last Post: 11/28/2014 8:35:16 AM - Followers: 1444 - Board type: Free - Posts Today: 2
                     

                                                                  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: ALTITRADE PARTNERS™ SAYS A KEY-REVERSAL DAY COULD HAPPEN THIS WEEK 10/14/2014 06:00:00 AM
WMIH News: Current Report Filing (8-k) 10/09/2014 05:00:57 PM
WMIH News: Current Report Filing (8-k) 09/10/2014 05:01:41 PM
WMIH News: Current Report Filing (8-k) 08/08/2014 05:02:00 PM
WMIH News: Quarterly Report (10-q) 08/08/2014 04:06:32 PM
PostSubject
#408859  Sticky Note "One day escrow holders will wake up" bkshadow 11/25/14 07:35:46 AM
#404493  Sticky Note Companies with "Hidden" Assets on their Balance Sheets ... W3Research 09/09/14 11:50:36 PM
#402890  Sticky Note The Plan, The Trade Off and DOJ Settlement deekshant 08/06/14 01:39:05 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
#409049   ANOTHER DAY TO TAKE ADVANTAGE OF LOWS AND HIGHS! yes9 11/28/14 08:35:16 AM
#409048   not me Jacked 11/28/14 12:44:26 AM
#409047   Agree investorhub123 11/27/14 11:35:01 PM
#409046   I believe that "if the warrants are exercised investorhub123 11/27/14 11:34:09 PM
#409045   Read Dan's post, they have to wait till Maniek 11/27/14 10:43:41 PM
#409044   I agree. clawmann 11/27/14 10:38:28 PM
#409043   I think that the exercise of the warrant writonwater 11/27/14 10:28:58 PM
#409042   Thanks for the explanation, David. But please read this: clawmann 11/27/14 10:22:51 PM
#409041   Unreal.... Hows the battle going with XL? man, the stockdawg44 11/27/14 09:18:05 PM
#409040   Escrow holders will invest back into WMI. Boris the Spider 11/27/14 08:56:13 PM
#409039   Tax at Exercise David West 11/27/14 07:35:52 PM
#409038   Yes, I have owned stock in WMI since PickStocks 11/27/14 06:59:00 PM
#409037   David Your welcome. GO4AWILDRIDE 11/27/14 06:19:21 PM
#409033   "... When you look at the "big picture" nranger 11/27/14 04:33:40 PM
#409032   I believe he has been posting more than that. BigBang 11/27/14 03:37:50 PM
#409031   I see your point and it makes sense BigBang 11/27/14 03:35:17 PM
#409030   When a warrant is exercised, there is a distrojunky 11/27/14 03:29:37 PM
#409029   Another good effort Don. It should be clear David West 11/27/14 03:28:40 PM
#409028   BF: You wrote: "When KKR exercises the clawmann 11/27/14 02:50:02 PM
#409027   BF: You wrote: "When KKR exercises the clawmann 11/27/14 02:50:02 PM
#409026   When KKR exercises the warrants, they will realize BlueeFoxx 11/27/14 02:05:13 PM
#409025   Please explain again why you think KKR would barefoot123 11/27/14 01:51:36 PM
#409024   Please explain again why you think KKR would clawmann 11/27/14 01:32:19 PM
#409023   Blue, Happy thanks giving and interesting DD. Got drrugby 11/27/14 01:31:16 PM
#409022   The price of WMIN shares DOES NOT have rockie101 11/27/14 12:12:28 PM
#409021   There's not much to be Thankful for here Tradeinman 11/27/14 11:51:30 AM
#409020   Thanx Foxx. Appreciate your time and efforts. Boris the Spider 11/27/14 11:44:05 AM
#409019   Nice read bluefoxx! Just curious if you will SweetGeorgiaBrown 11/27/14 09:32:40 AM
#409018   Good read BBANBOB 11/27/14 09:09:14 AM
#409017   I thought that the warrants could be executed nranger 11/27/14 09:06:08 AM
#409016   A HAPPY THANKSGIVING TO ALLLLLLL,GOBBLE, GOBBLE [/ t1215s 11/27/14 08:55:20 AM
#409015   BlueFoxx, good development... bkshadow 11/27/14 07:42:13 AM
#409014   All this talk of rainbows and unicorns gets REALtime64 11/27/14 05:00:25 AM
#409013   BlueFoxx, Happy Thanksgiving and thank you for your Large Green 11/27/14 04:40:18 AM
#409012   Blue, thanks for sharing! But what would happen, JusticeWillWin 11/27/14 03:25:55 AM
#409011   Looks well thought out. Thanks for sharing! Go UpTickMeASAP 11/27/14 02:04:44 AM
#409010   It's time to focus on 2015 and what BlueeFoxx 11/26/14 11:08:21 PM
#409009   LOL fixedops 11/26/14 11:03:32 PM
#409008   KKR might miss the boat on WMI. Boris the Spider 11/26/14 10:58:12 PM
#409007   Wells Fargo - Limited Power of Attorney for WMB Nightdaytrader 11/26/14 09:47:45 PM
#409006   Pick are you a pre-holder ? rockie101 11/26/14 09:14:51 PM
#409005   There could be 100 billion, and there will PickStocks 11/26/14 08:59:22 PM
#409004   Nice call. Not. clawmann 11/26/14 06:39:03 PM
#409003   ex to us all where you see there wamuvoodoo 11/26/14 06:26:08 PM
#409002   Sorry Boris, I love you and your dd Royal Dude 11/26/14 06:04:10 PM
#409001   BKshadow, please can you explain dmceng's inability to zeus_0100 11/26/14 05:27:55 PM
#409000   I thought escrows would capitalize WMIH? bkshadow 11/26/14 04:42:01 PM
#408999   hold on to the jr bond......they will be paid.... PickStocks 11/26/14 04:40:03 PM
#408998   what are we looking getting paid per escrow Jacked 11/26/14 04:39:39 PM
#408997   WithCatz, I have offered .10 per jr bond. No dmceng 11/26/14 04:33:32 PM
PostSubject