Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Subject to certain limited exceptions, the Liquidating Trust Interests are not transferable or assignable.
LTIs are not transferable or assignable except by will, intestate succession or operation of law. Accordingly, there is no liquid trading market in the LTIs. Under certain circumstances, transfers of LTIs have been permitted upon the winding up or dissolution of vehicles that previously held LTIs on behalf of such vehicles or the beneficiaries thereof. There can be no assurance that the Trust will consent to any such transfers in the future.
THERE WAS A FUTURE FOR WMILT IN 2018?.
so Boris?.....you believe the FDIC is corrupt, WMI and Rosen lied to you about billions of dollars in Safe Harbor assets that you were cheated out of, yet you post on a message board when no resolution to your complaints will never be remedied.... why dont you file a lawsuit implicating the parties responsible who cheated you?....If WMI executives did in fact hide money from shareholders, and risked jail time to do so, do you really think that after 15 years they are going to reveal their fraud and return money back to you?.... then, what was the point of the fraudulent action they took 15 years ago, risking jail in doing so, and then return the money to you 15 year later?...... read the documents Boris, and quit guessing, and file a lawsuit if you think that you were cheated.... Lodas
As Ive said before, a friend had contacts who worked at the FDIC and they said it was totally corrupt and dysfunctional. How did they ever get so much power?!
And they had the power to take down Wamu!
Fdic needs money? Lmao! Unbelievable
Split. Libor has until Apr 14 for depositions to be filed. Its been very quiet even though depositions are ongoing. Or are they?
Maybe they will not do any and just offer settlement at the 11th hour. It would be a private deal in the judges chambers which she would no doubt approve if reasonable.
400B is doubtful but the FDIC needs money badly because its broke, so they may settle for half that.
Who knows? We can only guess at this point.
so, you believe that Alan Fishman, Killinger, and Rosen committed fraud on the shareholders by not disclosing to the SEC of the movement of billions of dollars of Safe Harbor assets (shareholders and preferred equiity Retained earnings) to some secret venue which no one knows about except them??..... Lodas
Gary, I'm of the opinion that something similar may take place. What is COOP going to do with the shares that were bought back is the real question.
I've been informed by a friend that the LIBOR SUIT is getting interesting after the initial ruling, but I have not personally read anything myself as of this evening. I will attempt to find it tomorrow if I get some free time.
Jeez, split, you can really bang out those numbers. Thx
Hey Gary, After hours tells the same story....$78.01, Hmmmmmm, but let's take $77.00 as it is a playful and an interesting conversion number if you multiply that times the 36,000,000 shares that were bought back, that totals $2,772,000,000. Now, if you take 25% of 1 Posit you come up with $2,500,000,000, if you add the Federal Interest rate of 1.9% for 5 year and 8 months (July 31, 2018 /PRNewswire/ -- WMIH Corp. (NASDAQ: WMIH) ("WMIH") today announced that it has completed its acquisition of Nationstar Mortgage Holdings Inc. ("Nationstar"). you come up with ROI of 10.88% and a simple Annualized ROI of 1.92% with your Principal of $2,500,00,000 and interest of $272,000,000.
Woodway Fiduciary & Advisors LLC agreement should give some insights.
The Interesting Path of Chad Smith.
• WMI.
• WMI-LT.
• PALADIN.
• WOODWAY.
Woodway is a beautiful little community just south of Edmonds where Chad has his P.O. Box.
Woodway doesn’t have a Post Office.
What in the world could Chad be managing in Woodway for WMI Equity?
I have posted the list of WMI assets due to each equity class.
I know because I have listed the assets and their valuations.
The EC told us.
I have lived in Edmonds. Another beautiful community,
Ron
As per AI ""Beyond this, the Bankruptcy Court and WMILT have merely waited for the final reconciliation of remaining claims and monetization of assets."
This statement appears to be part of a larger document related to closing the Chapter 11 bankruptcy case for Washington Mutual. Here's the translation:
"Beyond this..." This implies there were some previous actions already taken to address the majority of the bankruptcy process. These could include things like selling off most assets, resolving creditor claims, etc.
"...the Bankruptcy Court and WMILT..." The Bankruptcy Court oversees the entire legal process, and WMILT (WMI Liquidating Trust) is likely the entity formed to manage the remaining assets and resolve outstanding issues.
"...merely waited..." This sounds dismissive but carries a practical meaning. It indicates that the active phase of managing the bankruptcy is largely complete.
"...final reconciliation of remaining claims..." Some creditors likely have outstanding claims unresolved. This could involve disputes over the amount owed, the validity of the claim, etc. The process is about finalizing and settling those remaining claims.
"...monetization of assets." Some assets likely remain from the initial Washington Mutual estate. This refers to the process of selling those assets (which might include things like real estate or intellectual property) and converting them into cash.
In Summary: This statement indicates that the Washington Mutual bankruptcy case was winding down. The major tasks had been completed and the focus was on resolving the last few outstanding claims and selling off any remaining valuable assets.
Don’t worry about Friday, we only have tomorrow because the market is closed for Good Friday.
*****Five Stars to you newflow! Thanks for your sleuthing as It's all starting to fall into place.
IMO the PPS on Friday will be $80 or higher and I'm thinking we will be seeing an 8-K very Soon!
Housing sales are up as well!
JHD
Could 2.5% Libor be looming??
Maybe. Somethings up even though the mortgage biz is soft right now.
SIGNIFICANT MOVE coming, that's also my opinion! Successful monetization of XOME, like a sale or spin-off, or any other great NEWS.
Something is going to give here , Justice. The slow play of coop and its potentialiatiy, is coming to a boiling point on the chart. Jmo
I didn’t say BRIDGE
I said Thackeray
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174121251
I believe we’re close to a significant move. The idea of the trends , outlook , proactivity and potential is mind bending comparative to the current sp. all that being said the pattern has broken and backed bull patterns and trends for sometime. Looking up. JMO
That macd trend to the stars has me excited too. Bwthhdik. JMO
4th bull flag setting its pattern as we speak.. jmo
That’s not a nice close, that was a phenomenal close. :)
Not on real big vol though, but who knows i the long run this goes to the moon short term not so sure
Franchise Tax Ended The entity's franchise tax responsibilities ended because the entity has ceased to exist in its state or country of formation or has ceased doing business in Texas.
https://mycpa.cpa.state.tx.us/coa/coaSearchBtn
PALADIN ACQUISITIONS CORPORATION
Texas Taxpayer Number 32080035093
Mailing Address 31571 SKY BLUE RDG FAIR OAKS, TX 78015-4086
Right to Transact Business in Texas FRANCHISE TAX ENDED
State of Formation DE
Effective SOS Registration Date 07/07/2021
Texas SOS File Number 0804145173
Registered Agent Name CORPORATION SERVICE COMPANY DBA CSC - LAWYERS INCO
Registered Office Street Address 211 E. 7TH STREET, SUITE 620 AUSTIN, TX 78701
---------------------
Dissolution Date
18 October 2023
https://opencorporates.com/companies/us_tx/0804145173
------------
WMILT closed on 25th Sept 2023 with department of revenue of WA state.
Looks like a very nice day on COOP & OTIS Ave 😏😀
GoGooooooCOOP
Have a great day people AND don't let the noise from dark places bother you cause haters are going to hate regardless,-GLTA-Ts 😉
JWW
I still contend it is because SOME HOW THIS MERGER IS NOT YET COMPLETED imho
XOOM it was something else a funking laughable name like wand or eclipse is but wasn't bridge and we would say they probably sat around drunk and made up all three names and laughed about it
AND THERE WAS A 3RD one surly somebody remembers it
TOOOOOOO MANY YEARS
COOP absolutely UNDERVALUED====>fair PPS is at least $200
Check COOP's current P/E ratio: https://finance.yahoo.com/quote/COOP/key-statistics?p=COOP
COOP's trailing P/E is only: 10.39
COOP's forward P/E is only: 6.23
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
By May 1, 2024…..these predictions will be done and more will come for the fall…
And.. 12 years later, zip nadda zippo hippo dippo. fleeced and run over.
This is a blast from the past . Refreshing memories seems a bridge bank was a piece of the puzzle ! Nice find
Wait til the next report which will be during the time frame that we went up so much........... and if you will go back on my UP predictions, according to the list that was put out yesterday I have been right 50% of the time with my UP GUESSES
Split T
Re: ReikoBlack post# 725051
Wednesday, March 27, 2024 9:46:47 AM
Post# of 725067
Both documents have something else in common. They both took some DD and exerted effort to obtain. Both documents took Freedom of Information Act filings to obtain the information. The difference between you and me is I signed 15 separate releases and my thoughts are I have a lot more at stake than you and your negative thoughts day in and day out. But the big kicker is, a well known sleuth has furnished me a document of the FDIC with all the undisclosed MBS Trusts in which WMI is the beneficiary.
Your daily negative thoughts as well as the others paid posters who have no WMI Escrow shares are meaningless to me.
" in any litigation that has been or could be brought against the Federal Deposit Insurance Corporation in any capacity or against the United States based on or arising out of, in whole or in part, the closing of the Bank, or any alleged acts or omissions by the Federal Deposit Insurance Corporation in any capacity, the United States government, or any agency or department of the United States government in connection with the Bank, its conservator-ship, or receivership,"
*********That language pretty much includes a FIFTH AMENDMENT TAKING!
Both documents have something else in common. They both took some DD and exerted effort to obtain. Both documents took Freedom of Information Act filings to obtain the information. The difference between you and me is I signed 15 separate releases and my thoughts are I have a lot more at stake than you and your negative thoughts day in and day out. But the big kicker is, a well known sleuth has furnished me a document of the FDIC with all the undisclosed MBS Trusts in which WMI is the beneficiary.
Your daily negative thoughts as well as the others paid posters who have no WMI Escrow shares are meaningless to me.
" in any litigation that has been or could be brought against the Federal Deposit Insurance Corporation in any capacity or against the United States based on or arising out of, in whole or in part, the closing of the Bank, or any alleged acts or omissions by the Federal Deposit Insurance Corporation in any capacity, the United States government, or any agency or department of the United States government in connection with the Bank, its conservator-ship, or receivership,"
That language pretty much includes a FIFTH AMENDMENT TAKING!
COOP short-interest almost stayed the same (up only 20k)
https://www.nasdaq.com/market-activity/stocks/coop/short-interest
I haven’t been contacted and I have a healthy position .
JHD
SPLIT
NOBODY wastes the time paper or ink to write something into a contract unless it might be needed to be there to sue sometime down the road.
I recently received papers in the mail. It was from vanguard.
Quarterly reported holdings in Mr Cooper Group by Jpmorgan Chase & Co
https://stockzoa.com/ticker/coop/ownership/jpmorgan-chase-co/
Quarter filed Position value Share count Share price at filing
2023-12-31 $39M 595k 65.12
2023-09-30 $50M 930k 53.56
2023-06-30 $36M 703k 50.64
2023-03-31 $0 365k 0.00
2022-12-31 $23M 567k 40.13
2022-06-30 $15M 416k 36.74
2022-03-31 $25M 546k 46.26
2021-12-31 $22M 525k 41.62
2021-03-31 $30M 869k 34.65
2020-12-31 $23M 733k 31.03
2020-09-30 $20M 886k 22.24
2020-06-30 $13M 1.0M 12.44
2020-03-31 $4.5M 614k 7.33
2019-12-31 $1.3M 107k 12.50
2019-09-30 $1.3M 121k 10.62
2019-06-30 $164k 21k 7.84
2019-03-31 $174k 18k 9.58
2018-12-31 $222k 19k 11.68
That is agreed…I am not sure who started the rumors…
If they even contact me I do not want loan, I want my money .
Very nice Split. The stars are aligning indeed. A thing of beauty.
Escrows are golden. As corrupt and evil as things are and have been, I don't see how we can get screwed now.
Bring on Libor. And the rest.
Coattails
Thackeray Holdings LLC’s / Bridge
Followers
|
1775
|
Posters
|
|
Posts (Today)
|
23
|
Posts (Total)
|
735677
|
Created
|
11/07/07
|
Type
|
Free
|
Moderators Large Green xoom GO4AWILDRIDE stoxjock ron_66271 |
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
WMI Equity Escrow Calculator
WMIH: Here's how old shares relate in value to the new shares.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |