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And Tepper would be that guy. How many coaches has he canned, since buying the Panthers?
Id I had a nickel for every time some of these guys posted I'd not be waiting for the waterfall here.
Nope, standard Ferrari. His cheeks were bulging like he was ready to blow a gasket! Lol
Seems very friendly. Livin the good life. Like we all will be soon.
Maybe its a custom stretched Ferrari, lol? Works for limos
I just figured him for being a Lexus guy. He bragged in 2017 about placing an order at a dealership for one because he thought we were going to be paid for our Escrows 'soon'.
Pliss, I had no idea that upgrades were banned in your kingdom.
Actually, I have updated my new address in my brokerage account, do I need inform any other party as well?
Pliss, I had no idea that upgrades were banned in your kingdom.
Problem with this is that Coburn is dead and no one to follow through……it was just words to appease his followers…
You no longer want a Lexus?
Yes, I believe we will all do well.
At least, those who released. Don't think I want a Ferrari. But a vette will be nice.
Yes, I believe we will all do well.
At least, those who released. Don't think I want a Ferrari. But a vette will be nice.
With the amount of money BTS makes here, he might have 2 people whose only job is to help BTS get in and out of his ‘vette’
Boris, Shaq has a person he’s hired to follow him wherever he goes to help him get out and get in the Ferrari 😂
GLTA-Ts😉
AZ, re: my new escrow 'vette. Will it be hard for me to get in and out? License plate will be WAMU
I recently saw Shaq driving down the freeway between LA and San Diego in a tiny red Ferrari.....license plate: SHAQ.
I got in the left lane next to him and he looked over at me, smiled and waved. Cool dude. But I couldn't help but think how in God's name did that gigantic guy cram himself into that little car! LOL
So my question is, can you get in and out ok? I bet Shaq needs a big shoe horn!
""" THIS WAMU THING ISN'T OVER BY A LONG SHOT and it will be taken care of
Sen TOM COBURN
It's time to come together and think positive. Why?
I believe as hold2wm ($208B) and others do that we are very close to something really big. The FDIC has never entered into a settlement of this potential magnitude. As hold2 calls it, a "mega settlement". Will it happen, who knows for sure.
All signs point to it.
When the FDIC requested, and was granted, privacy for this settlement, that started the lights flashing. Why privacy? Hmmm. Well, it doesn't take a rocket scientist to figure out that they feel something significant is coming and they don't want it to be publicized.
I do not drink or do drugs. LOL But I have powerful intuition, and something is telling me we are close to news.
Good luck to holders of escrows. Almost 16 years of torture may soon be coming to an end.
I feel like something is in the near term offing.
This could be our year. When exactly, and how much is the question. The first half of May could be telling.
I Still Love Document #5885.
Footnote 2.
The reason for 41.6 Project West RICO Release to JPM, but not the FDIC.
We have already won.
Just awaiting the payment for the release to be fulfilled.
Ron
Gonna be fun to see IF THEY COMPANY LIED TO US in the ELECTION WAIVER about the payout matrix or it they LIED IN BOTH a PR as well as an 8K
RECONFIRMING that payout matrix to ""QUELL MESSAGE MISS-INFORMATION .
Now I would hate to have TEPPER SAVITZ TPS and BONDERMAN, UW's after my rear end, for misrepresenting what was in the election package to participate and the conditions of the payout matrix........................
So all you need is a distribution of any sort to all individuals who signed…..otherwise you are just telling the same story over and over……Coop on the other hand continues to be very profitable……
~ Hmm, Quite an Interesting "COOP" Afternoon ? ~
All the (ol' cowboy) WMI Ownership', Releases, with attached W-9s' were document submitted to the Broker' ... and all copies were kept' and always able to be reviewed ! ! ... and, ...
All (ol' cowboy) WMB Notes, were "Direct Purchased" and are able to be reviewed at will' ... cusips intact'
hmmmmmm, this ol' cactus would think ? that such important documents would have been kept ... right ? ...
"attempting to rewrite the WaMu History and Process ? ... doesn't work' ... (sound familiar ?)
attempting to separate and divide the WaMu Longs ? ... doesn't work' ... (sound familiar ?)
the twisting of truth ? ... doesn't work' ... (sound familiar ?)
attempting to disrupt the Federal BK Court Approved Plan' of WMI's Reorg (2019' ?) ... Did Not Work' ! ! !
ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON""
So the only proof needed now is the distributions….without it…they are just theories…..or we can just keep saying “SOON”. Which means nothing…
There is one thing that most of us agree with and that is we will all be good...
HOWEVER, some will be better than good depending on their decision-making, An example would be those who signed Preferred Equity Releases such as the UWs.
...
I think it is called SELECTIVE MEMORY and one CONveniently forgets what doesn't fit their AGENDA
NOBODY issues CERTS anymore, it is NOW all done electronically via DTCC or one of the other clearing houses.
IF IF IF you can even get a cert anymore it will cost you an ARM AND A LEG and A PINKY finger.
DID YOU GET a cert in WMIH ??????????? NOPEY was it just transferred to your acct YEPPERS
so why would you think it would be any different
If WMI/COOP would issue new shares, will they mail stock certificates to our homes or to our brokerages?
Do they still have our brokerage information?
Tia
Could have been two different numbers when I discussed the errors on my account back in mid-year 2012.
Thanks LG. So why in the heck does he keep saying it has to go directly to your broker? That’s misleading 😊
JHD
Used to but it became non working
Xoom, a couple of actions, I believe.
1) There are at least two or three separate buckets of distribution and they will not all be at the same time
2) I believe COOP needs to issue Non-Reverse Split Preferred Equity Interests to timely signed releasors at a ratio of 1-1 and 36M shares of Common Equity Interests to timely signed releasors
3) JPM must pay timely signed releasors book value for what they took as specified in Amended POR 7 signed on 2/23/2012
4) Then I believe WMI is still alive in a DST where most of the Safe Harbored monies reside and that will come back in the form of non-public traded securities based on what your original investment was and can only be sold back to WMI as this will represent the Estate ownership and they do not want it to fall into public hands
5) Hopefully, we see developments in the second quarter of this year
...
BLAH..BLAH..BLAH.. REPEATING THE SAME NONSENSE, AGAIN & AGAIN! Your CRAVING For ATTENTION IS LIMITLESS, it looks like!
So, You Didn't Release, We GET IT!
AND
YOU DON"T OWN Preferreds (WAMPQ, WAPKQ), We GET IT.
We Released and waiting for Our "F&R", and We OWN, Preferreds & Commons, GET IT???
Yes, WE ALL Have been waiting for a F'ING LONG TIME, Regardless of how you may CROON, we will 'FIND OUT SOON', Your 'Self-Proclaimed' "PREDICTIONS' have not borne Fruit till now and Haven't HASTENED our "F&R Promised Recoveries by one Bit. I would like to get the "F&R" Promised Recoveries SOON TOO, Believe me, as I probably Own As MANY Commons Escrows as you AND A LOT OF Preferreds Escrows (WHICH YOU CLEARLY DON"T OWN!)...
AND You seed to be hinting/proclaiming that somehow we WON'T Get any Recoveries and ONLY YOU will REAP any such Recoveries that may materialize from our WaMu Escrow Holdings, and Seem to BE DERIVING Some SORT of SADISTIC PLEASURE from your Proclamations, which Is BIZZARRE at Best and Quite SCARY, at Worst (SCARY because You seem to be Suffering with Some Sort of SCHIZOROPHRENIC Ailment)...
LG , are you subtly stating that AZ’s ‘final light bulb moment’ will say 75/25 to the end ? If new preferred's of whatever entity, replace legacy PQ’s, then 75/25 may not actually matter.
JMHO
Large GREEN ..... Do you have there phone # ?
JHD51, you are correct. I had to speak with a lady from WMILT as they had some wrong information on my account. She returned my calls promptly and ensured the account was correct. All timely signed release and W9 went to the exact same address.
...
No, if I remember correctly the W-9's were submitted to the same address as all of the paperwork. Not to Ameritrade directly.
Anyone correct me If this is not correct.
JHD
The ONLY thing that is re-written is AZC re-writing his HISTORY!
...
Or someone’s else light bulb…just taking credit for it
I do not know whether is larger or not. Once JPMC pays for assists stolen from WMI, whatever left is for present JPMC equities, or at least, will not hurt stockholders.
As was stated here ON MULTIPLES occasions years ago!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
YOU JUST FINALLY HAD ANOTHER ONE OF YOUR LIGHT BULB MOMENTS AGAIN
Quote: “ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON" “
Since 2015…you have mentioned SOON….soon could be years….decades…..you are still hiding behind XXXX….just tell the truth who you think XXXX is and watch what happens…..you are NOT bond by NDA…or anything else….you claim to be friends with the inner circle but it is just one sided….
~ "COOP's" Share' Buy Back Program of the 36m Shares, Was "Designed" To Correct' ~
... Go COOP', ... Go COOP', ... Yes, We Understand and Yes, We' Get It ... LOL' ... nothing less than amazing ! ! !
=================
In My Opinion, ... this entire process was planned for a very long time ago' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318574
attempting to rewrite the WaMu History and Process ? ... doesn't work' ... (sound familiar ?)
attempting to separate and divide the WaMu Longs ? ... doesn't work' ... (sound familiar ?)
the twisting of truth ? ... doesn't work' ... (sound familiar ?)
attempting to disrupt the Federal BK Court Approved Plan' of WMI's Reorg (2019' ?) ... Did Not Work' ! ! !
~ ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON"
just sayin' :) :) :)
AZ
~ JPMC (etc, as listed) WAS RELEASED' ... Only The FDIC C & R as "Corporate Structures" WERE NOT RELEASED ! ! ! ~
... ALL of the People', the Human Beings' (the employees etc.) ... Were Released from any potential participation or individual litigation submitted against' them ... It's "specific to form" within Everyone's "Release to Participate" Submitted with their W-9 attached' ... Submitted individually to One's Individual Brokerage or Bank' ...
In My Opinion, ... this entire process was planned for a very long time ago' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318574
attempting to rewrite the WaMu History and Process ? ... doesn't work' ... (sound familiar ?)
attempting to separate and divide the WaMu Longs ? ... doesn't work' ... (sound familiar ?)
the twisting of truth ? ... doesn't work' ... (sound familiar ?)
attempting to disrupt the Federal BK Court Approved Plan' of WMI's Reorg (2019' ?) ... Did Not Work' ! ! !
~ ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON"
just sayin' :) :) :)
AZ
So JPM will just say that it needs to pay a penalty larger than its common share capital but that it has hidden this money somewhere under a different name?
~ "COOP(s)", share buy back program "Makes Sense" ... FINALLY' ~
NationStar's acquisition in 2018', to "the mr cooper group", trading as symbol "COOP" ... able to legally be used as an SEC "registrant", able to SEC report with only ONE Operational Sub ... (LOL) ... NationStar LLC' ... the acquired Subs' loan servicer' ... "FINALLY" and COMPL:ETELY ... Makes Sense' ... ! ! ! !
Yes, the following is' On The Approved WMI BK' Docket, as the result of the GSA Settlement Docket # XXXX, and then' Fulfilled and Completed as Docket # XXXX at the 2012 Reorganization; and also placed upon the Formal Docket'
========
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
========
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174290105
========
And The Numbers of Shares Necessary (now, Available) for "COOP" to utilize
~ "Defined" ... "COOP's" (current) Common Share pps, Is Directly' Related To a (2/3rd ish') Original Released WMI / WMIH (wamuq) (Plan) Common Share ~
The Following Transitional Event(s) ... were only' related to the WMI wamuq released common shares' ...
initial conversion @ .03349842 on 03/27/2012
conversion completion @ .00076346 on 08/03/2012
the tracking of the plan 7' released WMI (wamuq's) had to be "perfect" (in my opinion, for what is now' soon to come ! ! - COOPs return to 100m shares' ... yes, all planned for, a very very long time' ago ! ! ! )
any and all excess P' ... "Cash In" ... funding, would always have been maintained within the WMI / WMIH "Preferred Managing Sub" (segregated & NOT' involved in the Holding Company's Reorg) ... always maintained and held, for the original P' Fixed Income Bond, releasing Plan Participants' ...
yes, it's all coming together
======
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174311276
just sayin'
AZ
Whatever did JPMC steal and rob the assets not being reflected to her financial statement. IMHO, they are hidden under a different name but fully controlled by the thieves.
Once JPMC paid penalties, she has to open up the gain from WMI to her stockholders. Then, we will be paid, the case is ended.
JPM would get wiped out as a bank after paying such a penalty
Nova it appears that JPM bought WMB and WMIH. It makes sense all the WM assets were all intertwined between WMB and the non bankings subsidiaries.
So the 400B is not going to former WMI shareholders, its just being paid by JPM to JPM?
Nova you are correct EXCEPT JPM will be paying itself in our Libor case! Think About That!
MyPlace, at some point COOP will have to explain who the new client they boarded as there are SEC ACT 34 requirements. Assuming this was boarded in the second quarter, then more than likely would have to report it with their second quarter report and yes that is about a month after the close of the second quarter but most likely will be reported during the second quarter when they signed agreements to take this business.
Normally for a Material Event and I have to assume this 90B would be material, then they would have four business days to report from the agreement date. There are some assumptions here but if they continue to hide something of this magnitude, they will only be digging a negative hole that does not make sense.
-------------------------------------------------------------------------
1Q 2024 saw 52 bulk MSR transactions, COOP's biggest ever, up 50% from a year ago. COOP is the preferred buy for many MSR sellers. PYRO makes COOP the quickest and most accurate buyer.
"In addition to the new client we onboarded" ... (no mention of the name again ...)
$100Billion expected to be added in 2Q, split between MSR's and sub-servicing.
...
JPM shareholders seem to have no idea that their shares are about to become worthless as a result of the bank getting wiped out.
Why do you think that is?
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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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