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have another Jameson, then go back to sleep....Lodas
Just doing some lite market reading and I did not realize that GOLD HIT $2611. today, most should know what the meaning of that in ref to the buck
GLTA-Ts
After analyzation of the situation After reading every documentation After hearing every elaboration After screaming my lungs off throughout the nation Looking for clues justification even Consideration Total stagnation I have zero appreciation .. Sincerely we got lost
Jhd Nahhhhhh ,maybe he’s just seasick 😉😂
GLTA-Ts
You use to be congenial, but you’re becoming more testy with each post. Observing from afar.
JHD
Anytime now….soon…real soon…
Maybe they missed the memo!……
Probably in the fine print. I was pushing for June 1, as being "the beginning" and then Septmber 1st and now October 22nd. - January 22? Time is money and they know it When there is a delay, they make money. I feel we are in the "one flew over the cocoker's nest" movie
"During 2023, five FDIC insured financial institutions failed, three of which are among
the largest failures in U.S. history. The first failure was Silicon Valley Bank, Santa Clara,
California, which failed on March 10, with $209 billion in assets, followed by Signature Bank,
New York, New York, which failed on March 12, with $110.4 billion in assets, and First Republic
Bank, San Francisco, California, which failed on May 1, with $212.6 billion in assets."
https://www.fdic.gov/system/files/2024-06/pl-2023-annual-report.pdf
"During 2023, five FDIC insured financial institutions failed, three of which are among
the largest failures in U.S. history. The first failure was Silicon Valley Bank, Santa Clara,
California, which failed on March 10, with $209 billion in assets, followed by Signature Bank,
New York, New York, which failed on March 12, with $110.4 billion in assets, and First Republic
Bank, San Francisco, California, which failed on May 1, with $212.6 billion in assets.
PG.6
Thanks RD for the reminder. They have missed two payments already. Any idea why?
Semper Fi
PRESS RELEASE | SEPTEMBER 5, 2024
FDIC-INSURED INSTITUTIONS REPORTED NET INCOME OF $71.5 BILLION
Net Income Increased From the Prior Quarter, Driven By Lower Noninterest Expense and One-Time Gains
Community Bank Net Income Increased Quarter Over Quarter
The Net Interest Margin Declined Slightly, Driven by the Largest Banks
Domestic Deposits Decreased From the Prior Quarter
Asset Quality Metrics Remained Generally Favorable, Though Charge-Offs Increased
Loan Balances Increased Modestly From the Prior Quarter and a Year Ago
The Deposit Insurance Fund Reserve Ratio Increased Four Basis Points to 1.21 Percent
Quarterly Banking Profile - Quarterly Net Income“The banking industry continued to show resilience in the second quarter. Net income increased and asset quality metrics remained generally favorable. However, the banking industry still faces significant downside risks from uncertainty in the economic outlook, market interest rates, and geopolitical events. In addition, weakness in certain loan portfolios, particularly office properties, credit cards, and multifamily loans, continues to warrant monitoring.”— FDIC Chairman Martin J. Gruenberg______________________________________________________________WASHINGTON— Reports from 4,539 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $71.5 billion in second quarter 2024, an increase of $7.3 billion (11.4 percent) from the prior quarter. A decline in noninterest expense and one-time gains on equity security transactions contributed to the quarterly increase. These and other financial results for second quarter 2024 are included in the FDIC’s latest Quarterly Banking Profile released today.
The Industry’s Net Income Increased From the Prior Quarter, Driven By Lower Noninterest Expense and One-Time Gains: Second quarter net income for the 4,539 FDIC-insured commercial banks and savings institutions increased $7.3 billion (11.4 percent) from the prior quarter to $71.5 billion. A decline in noninterest expense (down $3.6 billion, or 2.4 percent) along with higher noninterest income (up $1.2 billion, or 1.5 percent) and higher gains on the sale of securities (up $937 million) were the primary factors driving the increase in net income. Higher provision expenses offset some of the increase in net income.
The quarterly increase in net income was largely driven by nonrecurring items including an estimated $4 billion reduction in reported expense related to the FDIC special assessment, approximately $10 billion in gains on equity security transactions by large banks, and the sale of an institution’s insurance division that resulted in an after-tax $4.9 billion gain.[1] These increases were partially offset by several large banks selling bond portfolios at a loss and a $2.7 billion increase in provision expense.
The banking industry reported an aggregate return-on-assets ratio (ROA) of 1.20 percent in second quarter 2024, up 12 basis points from first quarter 2024 but down one basis point from first quarter 2023.
Community Bank Net Income Increased Quarter Over Quarter: Quarterly net income for the 4,104 community banks insured by the FDIC was $6.4 billion in the second quarter, an increase of $72.6 million (1.1 percent) from first quarter 2024. Higher net interest income (up $546.4 million, or 2.7 percent) and higher noninterest income (up $253.9 million, or 5.0 percent) more than offset higher noninterest expense (up $365.7 million, or 2.1 percent) and higher provision expenses (up $140.5 million, or 18.2 percent). The community bank pretax ROA increased one basis point from last quarter to 1.14 percent.
The Net Interest Margin Declined Slightly, Driven by the Largest Banks: The industry’s net interest margin (NIM) declined one basis point to 3.16 percent in the second quarter as the growth in funding costs slightly exceeded the growth in earning-asset yields. The industry’s second quarter NIM was nine basis points below the pre-pandemic average NIM after falling below that level last quarter.[2] The NIM increased quarter over quarter for all size groups except for the largest banks, those with assets over $250 billion, who in aggregate reported a four basis-point decline in the NIM. The community bank NIM of 3.30 percent increased seven basis points quarter over quarter, reversing a five-quarter declining trend, but was still 33 basis points lower than the pre-pandemic average.
Asset Quality Metrics Remained Generally Favorable, Though Charge-Offs Increased: Noncurrent loans, or loans that are 90 days or more past due or in nonaccrual status, remained unchanged from the prior quarter at 0.91 percent of total loans and well below the pre-pandemic average of 1.28 percent. Despite the stability in overall noncurrent loans, the noncurrent rate for non-owner occupied commercial real estate loans of 1.77 percent was at its highest level since third quarter 2013, driven by office portfolios at the largest banks. However, these banks tend to have lower concentrations of such loans in relation to total assets and capital than smaller institutions, mitigating the overall risk.
The industry’s net charge-off rate increased three basis points to 0.68 percent from the prior quarter and was 20 basis points higher than the year-ago quarter. This ratio was also 20 basis points above the pre-pandemic average and remained the highest quarterly rate reported by the industry since second quarter 2013. The credit card net charge-off rate was 4.82 percent in the second quarter, up 13 basis points quarter over quarter and the highest rate reported since third quarter 2011.
Loan Balances Increased Modestly From the Prior Quarter and a Year Ago: Total loan and lease balances increased $125.8 billion (1.0 percent) from the previous quarter. The increase was driven by higher loans to nondepository financial institutions (NDFIs) (up $76.0 billion, or 9.6 percent) and consumer loans (up $25.8 billion, or 1.2 percent). Much of the growth in NDFI lending appears to be due to reclassification from other existing loan categories. The majority of banks (75.1 percent) reported quarterly loan growth, and all major loan categories except construction and development loans showed quarter-over-quarter growth.
Total loan and lease balances increased by $244.5 billion (2.0 percent) from the prior year. The annual increase was also led by loans to NDFIs (up $77.5 billion, or 9.8 percent), likely due to reclassifications in the second quarter, as well as credit card loans (up $77.0 billion, or 7.5 percent) and adjustable rate 1-4 family residential mortgage loans (up $69.3 billion, or 7.5 percent). A large majority of banks (82.9 percent) reported annual loan growth.
Community banks reported a 1.7 percent increase in loan and lease balances from the previous quarter and a 6.3 percent increase from the prior year. Growth in nonfarm, nonresidential CRE loans and 1-4 family residential mortgage loans drove both the quarterly and annual increases in loan and lease balances. Loan growth was broad based across community banks with over three quarters of such banks reporting higher loan balances from the prior quarter.
Domestic Deposits Decreased From the Prior Quarter: Domestic deposits decreased $197.7 billion (1.1 percent) from first quarter 2024, well below the pre-pandemic average second-quarter growth of 0.2 percent. Both savings and transaction deposits declined from the prior quarter, with growth in small time deposits partially offsetting the declines. Brokered deposits decreased for the second straight quarter, down $10.1 billion (0.8 percent) from the prior quarter. Banks with over $250 billion in assets drove the quarterly decline in deposits.
Estimated insured deposits decreased $96.0 billion (0.9 percent) and estimated uninsured domestic deposits decreased $50.4 billion (0.7 percent) during the quarter. Banks with assets greater than $250 billion reported lower uninsured deposits in the second quarter, while banks with assets less than $250 billion reported higher uninsured deposit levels.
The Deposit Insurance Fund Reserve Ratio Increased Four Basis Points to 1.21 Percent: In the second quarter, the Deposit Insurance Fund (DIF) balance increased $3.9 billion to $129.2 billion. The reserve ratio increased four basis points during the quarter to 1.21 percent.
The Total Number of Insured Institutions Declined: The total number of FDIC-insured institutions declined by 29 during the quarter to 4,539. Three banks were sold to credit unions and 26 institutions merged with other banks during the quarter. One bank failed in the second quarter but did not file a call report in the first quarter, and no banks opened.
# # #
ATTACHMENTS:
Quarterly Banking Profile Home Page (includes previous reports and press conference webcast videos)
Charts and Data
Chairman Gruenberg’s Press Statement
MEDIA CONTACT:
Julianne Breitbeil
202-340-2043
JBreitbeil@FDIC.gov
FDIC: PR-76-2024
Royal Dude
Re: Boris the Spider post# 733350
Sunday, August 25, 2024 4:48:39 PM
Post# of 733352 Go
Possibility of FDIC September 1st
PG. 30
Release of JPMC Escrow Account, Washington Mutual Escrow Account and FDIC Escrow Account. (i) JPMC, WMI and the FDIC Receiver shall jointly direct the custodian of the JPMC Escrow Account, the Washington Mutual Escrow Account and the FDIC Escrow Account to release all or a portion of the JPMC Escrow Account, the Washington Mutual Escrow Account and the FDIC Escrow Account as the case may be, to JPMC, WMI and the FDIC Receiver, respectively, as soon as is practicable after the earlier to occur of: (A) the date on which all Pre-2009 Group Tax Liabilities are finally determined and paid and the final amount of Net Tax Refunds Received has been determined and is not subject to change; and (B) the date on which JPMC (with respect to the Washington Mutual Escrow Account), WMI (with respect to the JPMC Escrow Account), or JPMC and WMI jointly (with respect to the FDIC Escrow Account), consents, in writing, to permit the release of all or such agreed portion of the JPMC Escrow Account, the Washington Mutual Escrow Account or the FDIC Escrow Account, as applicable (such consent, in each case, not to be unreasonably withheld or delayed); provided, however, that there shall be released from each escrow account at least quarterly (on or prior to each March 1, June 1, September 1 and December 1) fifty percent (50%) of all amounts earned by such escrow account with respect to assets held therein.
[Fdic.govwww.fdic.gov/system/files/2024-07/wamu-global-settlement-agreement.pdf]([https://www.fdic.gov/.../wamu-global-settlement-agreement...))
[Second Amended and Restated Settlement Agreement - FDIC]([https://www.fdic.gov/.../wamu-global-settlement-agreement...)
(https://www.fdic.gov/.../wamu-global-settlement-agreement...);;
settlement does not deplete the assets or increase the liabilities associated with the WaMu ... International Service Association, VISA, Inc., and the ...
We will be paid in the Series NN and reconstruction the past year using UQRS and others. IMO
"The Series NN Preferred Stock shall rank as to dividends and upon liquidation, dissolution or winding-up on a parity with the Corporation’s
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Q, Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R, Fixed-to-Floating
Rate Non-Cumulative Preferred Stock, Series S, Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U, Fixed-to-Floating Rate
Non-Cumulative Preferred Stock, Series X, Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series CC, 5.75% Non-Cumulative Preferred
Stock, Series DD, 6.00% Non-Cumulative Preferred Stock, Series EE, Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF, 4.75%
Non-Cumulative Preferred Stock, Series GG, Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH, Fixed-to-Floating Rate
Non-Cumulative Preferred Stock, Series II, 4.55% Non-Cumulative Preferred Stock, Series JJ, 3.65% Fixed-Rate Reset Non-Cumulative Preferred
Stock, Series KK, 4.625% Non-Cumulative Preferred Stock, Series LL and 4.20% Non-Cumulative Preferred Stock, Series MM."
https://jpmorganchaseco.gcs-web.com/static-files/499807a7-a220-4176-80ab-2925ce9f2d39
The Most Royal Dude
@ JWW....thanks for all your work that you do... I have made lots of money with your recommendations through the years by buying, and selling options with each upward movement in the share price....buying the dip (Pickstocks recommendation) has been lucrative for me... I will get a huge sum of money in my account when my January call options expire.... with this big hunk of cash, I will no longer go long on coop, but SELL PUTS EACH MONTH to bring in premium to finish out my long career in investing which started in 1961, or 62?... cant remember... I started options trading in 1972 when the CBOE went public... won some, lost some, but in the main it was profitable ... thanks again for all you do, and I will certainly be watching your posts into the new year.... Lodas
That is right…thank you for posting updates….great information
Why does it matter…..you do not own any coop stock…..or old escrows…you are just a messenger for someone else….
Hello JWW, I cannot understand your constant repetitions, 150/200/250 and more.
But do you know that the FREEFLOAT is only Ca. 7%?.who has to sell or buy?.who gives the shares, where can the shares come from?
The point is, your pushing is in vain!
Or do you really think you can move a few pebbles with your constant hammering? I really don't understand your work!
XXXX
Just a reminder to those that may have forgot, KBW was a Minor Underwriter of WMI Bonds...They are in the know and to me their upgrade is meaningful to me as an Holder of Beneficial Interests in all flavors of old WMI Bonds held by various Trustees.
Right, COOP is VERY CHEAP, $250+ is fair value IMO
Check COOP's current P/E ratio: https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP
COOP's trailing P/E is only: 8.87
COOP's forward P/E is only: 8.06
The P/E ratios in this list (data is as of January 2024)
Financial Svcs. (Non-bank & Insurance) covering 172 companies is the correct row:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
Hi jhd I did “ Let’s hope COOP/OTIS pps.catches some of the temporarily happiness” 😉
It does seem for now the banks & Techs are are enjoying , utilities and COOP/OTIS not so much as of this post 🫣🤔
To The sky is falling OR The sky is going to fall and the throw enough shet against the barn door and SOOONER OR LATER something’s is gonna stick people
Since 1900, the market has had a pattern of crashing every seven to eight years, according to Morningstar and Investopedia. It is not an exact pattern (e.g., no significant crash in 2015), but there seems to be enough data to at least mention it. Here are some of the larger market crashes we’ve experienced over the years. The dates reflect when the crash started (the peak).
1903 - Rich Man’s Panic (-22%)
1906 - General panic (-34%)
1911 - WWI and influenza (-51%)
1929 - Great Depression (-79%)
1937 - WWII (-50%)
1946 - Postwar bear market (-37%)
1961 - Cold War/Cuban Missile Crisis (-23%)
1966 - Recession (-22%)
1968 - Inflation bear market (-36%)
1972 - Inflation, Vietnam War and Watergate (-52%)
1980 - Stagflation (-27%)
1987 - Black Monday (-30%)
1990 - Iraq invaded Kuwait (-20%)
2000 - Dot-com crash (-49%)
2007 - Housing crisis (-56%)
2020 - COVID-19 pandemic (-34%)
——————
Sooner or later ,it’s not rocket science, TIMING IS THE SMART ONE 🤔
Have a great day people GLTA-Ts😉
Well done - you found a JPM Bond prospectus from April 2023 !
Definitely totally relevant for former Escrow holders expecting gazillion dollar payouts
Newflow, I’ll mention it again. Nationstar is not considered to be the Debtor or Reorganized Debtor. Reorganized Debtor Merged and the Surviving Entity is Nationstar. Nationstar L.L.C./Nationstar Holdings, can purchase those Assets. They are their Best Customers. Excuse me, “The Very Important Client.” ( My Opinion )
Remember: Nationstar gets 36% and Wmih gets 64% of Perpetual Assets is a No Brainer. They have Mastered This Strategy!
Well that throws out the soon and really soon prediction
Yeah!!!! Buy on the dip….
🚀💥🚀UPDATED $COOP price targets==>UBS:$118, Wedbush:$115, KBW:$105 (from $96), Piper Sandler:$103, Barclays:$101, Compass Point:$97, DEUTSCHE BANK:$90
See: https://www.marketscreener.com/quote/stock/MR-COOPER-GROUP-INC-46600303/consensus/
I am of the opinion now that we are not going anywhere until Coop buys what they need to buy in stock.
JHD
I've never counted pre as it is NOT market hours
Sort of looks like the 80's coming back
BECAUSE THEY CAN and WILL until they can't anymore
What a pos. Now back to $ 93.20.
96.15 pre-market > new all-time high!
Hey SUSU Take a BOND if you have any value in this?????????????
"$125,157,168,784
JPMORGAN CHASE & CO.
Debt Securities
Warrants
Units
Purchase Contracts
Guarantees
JPMORGAN CHASE FINANCIAL COMPANY LLC
Debt Securities
Warrants
We, JPMorgan Chase & Co., may from time to time offer and sell any of our securities listed above, in
each case, in one or more series. Our subsidiary, JPMorgan Chase Financial Company LLC, which we
refer to as “JPMorgan Financial,” also may from time to time offer and sell its securities listed above, in
each case, in one or more series. We fully and unconditionally guarantee all payments of principal,
interest and other amounts payable on any debt securities or warrants JPMorgan Financial issues. Up to
$125,157,168,784, or the equivalent thereof in any other currency, of these securities may be offered
from time to time, in amounts, on terms and at prices that will be determined at the time they are offered
for sale. These terms and prices will be described in more detail in one or more supplements to this
prospectus."
https://www.sec.gov/Archives/edgar/data/19617/000095010323005751/crt_dp192097-424b2.pdf
· Minimum denominations of $10,000 and integral multiples of $1,000 in excess thereof
Key Terms
Issuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase & Co
Guarantor: JPMorgan Chase & Co.
Reference Rate: 2-Year U.S. Dollar SOFR ICE Swap Rate (the “ICE Swap Rate”) determined as set forth under “Supplemental Terms of the Notes” in this pricing supplement
Payment at Maturity:
If the Final Reference Rate is greater than or equal to the Reference Strike Rate or is less than the Reference Strike Rate by up to the Buffer Percentage, at maturity you will receive a cash payment that provides you with a return per $1,000 principal amount note equal to the Contingent Digital Return. Accordingly, under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows:
$1,000 + ($1,000 × Contingent Digital Return)
If the Final Reference Rate is less than the Reference Strike Rate by more than the Buffer Percentage, at maturity you will lose 1.66667% of the principal amount of your notes for every 1% that the Final Reference Rate is less than the Reference Strike Rate by more than the Buffer Percentage. Under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows:
$1,000 + [$1,000 × (Reference Rate Return + Buffer Percentage) × Downside Leverage Factor]
If the Final Reference Rate is less than the Reference Strike Rate by more than the Buffer Percentage, you will lose some or all of your principal amount at maturity.
Contingent Digital Return: At least 12.10%, which reflects the maximum return on the notes. Accordingly, assuming a Contingent Digital Return of 12.10%, the maximum payment at maturity per $1,000 principal amount note is $1,121.00. The actual Contingent Digital Return will be provided in the pricing supplement and will not be less than 12.10%.
Buffer Percentage: 40%
Downside Leverage Factor: 1.66667
Strike Date:
Pricing Date:
September 17, 2024
On or about September 18, 2024
Original Issue Date: On or about September 23, 2024 (Settlement Date)
Observation Date†: September 30, 2025
Maturity Date††: October 3, 2025
https://www.sec.gov/Archives/edgar/data/1665650/000121390024079546/ea0214930-01_424b2.htm
🔥🔥🔥Rate cut is great, banks GAPPING UP pre-market, COOP probably hedged against this rate cut and could start ramping-up its mortgage origination business soon IMO
Gooood morning people, Hold on kiddies the markets are blowing up after yesterdays 1/2% and some are saying it’s a political move so close to the elections not counting the 818, OOPS , Anyhow watching the markets today should be interesting , Let’s hope COOP/OTIS pps.catches some of the temporarily happiness along with a few of my utility funds 😉lol
GOGOOOOOCOOP
HAVE A GREAT DAY PEOPLE-GLTA-Ts
Get a life dude/dudettte! Gezzzzz! You are truly out of touch with not just reality, but everything! I did not state a fairytale, actually I stated the following “ Get a life and let others believe what they wish, even if it’s a fairy tale.” You clearly lack the ability to read and comprehend. You are definitely and expert of posted garbage as your posting is redundant garbage. Regardless of a bona fide source of recovery, you have in fact engaged me in discussion. Oh and likewise FO!
Not seriously significant that it's been renewed but obviously nobody's running from the name or the concept. I doubt that there's a legal reason why they could not use it even if everything was defunct.
I believe you could be correct ,thank you for your insight!
JHD
Couldn’t agree more…
Depends on "whose" reset we are talking about. The W.E.F. Great Reset = No Bueno
Newflow, the following quote from our Saviour naturally also applies to you:
"Why are you hanging around this message board for years now????? You are not a shareholder in the previous company which was reorganized 12 years ago! Your equity values were cancelled and extinguished, along with any rights to dividends!"
So why won't you let the "Club", as Killinger called the most social organisation of all time on the East Coast, help you? Everyone can see how much time and consequently money they invest in our salvation. Where is your respect and recognition for them through silence? 🤷♂️
That has been used for email communications. I received emails from Smith and Logan in 2022.
Domain Name: WMITRUST.NET
Registry Domain ID: 1682595210_DOMAIN_NET-VRSN
Registrar WHOIS Server: whois.networksolutions.com
Registrar URL: http://networksolutions.com
Updated Date: 2024-09-17T18:00:48Z
Creation Date: 2011-10-17T16:54:55Z
Registrar Registration Expiration Date: 2025-10-17T16:54:55Z
Registrar: Network Solutions, LLC
Registrar IANA ID: 2
Reseller:
Domain Status: ok https://icann.org/epp#ok
Registry Registrant ID:
Registrant Name: PERFECT PRIVACY, LLC
Registrant Organization:
Registrant Street: 5335 Gate Parkway care of Network Solutions PO Box 459
Registrant City: Jacksonville
Registrant State/Province: FL
Registrant Postal Code: 32256
Registrant Country: US
Registrant Phone: +1.5707088622
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: @networksolutionsprivateregistration.com
Registry Admin ID:
Admin Name: PERFECT PRIVACY, LLC
Admin Organization:
Admin Street: 5335 Gate Parkway care of Network Solutions PO Box 459
Admin City: Jacksonville
Admin State/Province: FL
Admin Postal Code: 32256
Admin Country: US
Admin Phone: +1.5707088622
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: @networksolutionsprivateregistration.com
Registry Tech ID:
Tech Name: PERFECT PRIVACY, LLC
Tech Organization:
Tech Street: 5335 Gate Parkway care of Network Solutions PO Box 459
Tech City: Jacksonville
Tech State/Province: FL
Tech Postal Code: 32256
Tech Country: US
Tech Phone: +1.5707088622
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: @networksolutionsprivateregistration.com
Name Server: NS87.WORLDNIC.COM
Name Server: NS88.WORLDNIC.COM
DNSSEC: unsigned
Registrar Abuse Contact Email: @web.com
Registrar Abuse Contact Phone: +1.8777228662
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2024-09-18T23:00:06Z <<<
For more information on Whois status codes, please visit https://www.icann.org/resources/pages/epp-status-codes-2014-06-16-en
This listing is a Network Solutions Private Registration.
That would be the Washington Mutual Incorporated trust. I'm curious if there was a name attached to the domain registration record. Most often it's just a technical department or something as the contact.
Somebody told somebody to renew that domain name. Who are those somebodies?
wmitrust.net
Which domain name?
Domain name extended
Expires On
2025-10-17
Registered On
2011-10-17
Updated On
2024-09-17
Here's something about derivatives and the rate cut today and historical events in the financial markets including comment on our dollar:
Historically, a cut in interest rates by the Federal Reserve tends to stimulate economic activity, including increased investment in securities. Here’s a breakdown of how this situation might unfold:
### Immediate Effects of Rate Cuts
1. **Lower Borrowing Costs**: A reduction in interest rates makes borrowing cheaper for individuals and businesses. This can lead to increased consumer spending and business investment.
2. **Increased Liquidity**: Lower rates often result in more liquidity in the market, as businesses and consumers take advantage of cheaper loans. This can stimulate economic growth.
3. **Attraction to Equities**: As bond yields decrease due to lower interest rates, investors may seek higher returns in equities, leading to increased demand for stocks.
### Historical Context
- **1970s**: The economy faced stagflation, but rate cuts in certain periods did spur stock market rallies, albeit with high volatility.
- **1980s**: The aggressive rate cuts in the early '80s helped combat recession, leading to a robust bull market later in the decade.
- **1990s**: The tech boom was partly fueled by low interest rates, encouraging investment in innovation and startups.
- **2008 Financial Crisis**: The Fed's drastic rate cuts post-crisis aimed to stabilize the economy, leading to a prolonged bull market in the following decade.
### Looking Ahead
1. **Market Sentiment**: If the market perceives the rate cut as a sign of confidence in economic recovery, we may see a rally in stock prices.
2. **Sector Performance**: Certain sectors, like technology and consumer discretionary, often benefit more from lower rates as they rely heavily on financing for growth.
3. **Inflation Considerations**: If inflation begins to rise due to increased spending, the Fed may have to adjust rates again, which could impact market stability.
4. **Global Factors**: Geopolitical tensions, supply chain issues, and other global economic factors will also play a significant role in market dynamics over the next five years.
### Predictive Analysis
Using predictive statistics, one might expect:
- **Continued Growth**: If economic indicators remain positive, we could see a sustained upward trend in stock valuations.
- **Volatility**: Markets may experience increased volatility as investors react to both economic data and Fed policies.
- **Investment Shifts**: A potential shift from traditional sectors to emerging industries, particularly green technologies and digital platforms, could reshape market dynamics.
### Conclusion
While a rate cut typically leads to a more active buying trend in securities, the overall impact will depend on a combination of domestic economic performance, investor sentiment, and external global factors. Monitoring these elements closely will be crucial for assessing future market directions.
Z
The issue of derivatives held by major banks is indeed a significant concern in the financial landscape. Here’s an overview of the potential implications and risks associated with this situation:
### Understanding Derivatives and Their Risks
1. **What Are Derivatives?**
Derivatives are financial contracts whose value is linked to the performance of an underlying asset, index, or interest rate. Common types include options, futures, and swaps.
2. **Exposure and Leverage**:
Many banks hold large positions in derivatives, often using them for hedging or speculative purposes. However, the lack of capital backing can lead to excessive leverage, increasing systemic risk.
### Potential for Market Disruption
1. **Counterparty Risk**:
If one party in a derivative contract defaults, it can create a chain reaction. Major banks are interconnected through these contracts, meaning that a default could trigger widespread panic and instability.
2. **Lack of Transparency**:
The complexity and opacity of derivatives make it difficult for regulators and investors to assess the true risk exposure of these banks. This can lead to a false sense of security in the market.
3. **Regulatory Gaps**:
If banks are not adequately audited or if there are loopholes in the regulatory framework, it could mask the extent of their overextension. This lack of oversight might allow risky practices to continue unchecked.
### Who Could Call the Derivatives?
1. **Regulators**:
Financial regulators, such as the Federal Reserve or the SEC, could demand audits and transparency from banks regarding their derivative holdings. Stricter regulations could force banks to reduce their exposure.
2. **Market Participants**:
Investors and analysts could raise concerns about a bank’s balance sheet, prompting market reactions. If confidence wanes, it could lead to sell-offs in stocks and derivatives.
### Mechanisms for a Market Crash
1. **Panic Selling**:
If it becomes apparent that a major bank is overextended, investors may rush to sell off shares and derivatives, leading to a sharp decline in market values.
2. **Liquidity Crisis**:
A sudden loss of confidence can lead to a liquidity crunch, where banks struggle to meet obligations, further exacerbating the situation.
3. **Credit Freeze**:
If banks become wary of lending due to concerns over their own exposure, it could lead to a credit freeze, stifling economic growth and investment.
### Conclusion
While the potential for derivatives to contribute to a market crash exists, it largely hinges on transparency, regulatory oversight, and market confidence. Increased scrutiny and proper auditing of banks' derivative
The value of the U.S. dollar in global markets is significantly influenced by its circulation and various economic factors. Here are some key points to consider:
### Impact of Dollar Circulation on Its Value
1. **Supply and Demand Dynamics**:
An increase in the circulation of dollars, often resulting from expansive monetary policy (like quantitative easing), can lead to a dilution of the dollar’s value. If more dollars are in circulation without a corresponding increase in economic output, it can weaken the dollar against other currencies.
2. **Inflation Concerns**:
A higher money supply can raise inflation expectations. If investors anticipate that inflation will erode the dollar's purchasing power, they may seek to hold assets denominated in other currencies or commodities, further decreasing the dollar's value.
3. **Global Reserve Currency Status**:
The U.S. dollar remains the world’s primary reserve currency, which creates a consistent demand for it. This demand can help maintain its value, even when the money supply increases. However, challenges to this status (e.g., rising currencies like the euro or yuan) could alter this dynamic.
4. **Interest Rates and Investment Flows**:
When the Federal Reserve cuts interest rates, as mentioned earlier, it can lead to lower returns on dollar-denominated assets. This might prompt investors to seek higher returns elsewhere, putting downward pressure on the dollar’s value.
### Conclusion
The amount of dollars in circulation plays a crucial role in determining its value on the world stage. Balancing monetary policy to foster economic growth while maintaining the dollar's strength is a delicate task for the Federal Reserve, with significant implications for both domestic and global markets. positions could reveal vulnerabilities, prompting necessary reforms. It's crucial for regulators to ensure that banks maintain adequate capital reserves to mitigate these risks and promote financial stability.
LOL good on 'ya.
Newflow, Nationstar is not considered to be the Debtor or Reorganized Debtor. Reorganized Debtor Merged and the Surviving Entity is Nationstar. Nationstar L.L.C./Nationstar Holdings, can purchase those Assets. They are their Best Customers. Excuse me, “The Very Important Client.” ( My Opinion ) Nationstar gets 36% and Wmih gets 64% of Perpetual Assets is a No Brainer. They have Mastered This Strategy!
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Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.
Upon completion of the merger between WMIH Corp. and Nationstar Mortgage Holdings Inc. on July 31, 2018, WMIH became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper), Xome and Champion Mortgage (Nationstar Mortgage LLC d/b/a Champion).
As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.
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. Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc. WITH SHAREHOLDERS INTACT
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WMIH: Here's how old shares relate in value to the new shares.
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