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last month 2/13
that's because they are mostly institutional holders
no one ever wants to talk about wamu, like it never even happened...the crime of our time
..except you don't really have to report to anyone other than yourself regarding trust fund activity, kostuorous does. oh yeah, and we're not all scrutinizing what you do .
they were outnumbered, so they take the cash and go. jmo
I think the reason why most are not going take the money and run is because it's(NSM) almost entirely owned by institutions and they already know the terms of the deal. obviously there IS value in WMIH, otherwise the current deal that likely started back in 2015 wouldn't even be on the table. jmo
i'd think that'd be pretty obvious
that's what makes sense, I agree. anything to shake you free of your shares. jmo
I think mine showed up as bonds and paid distributions throughout, then last year that position disappeared, but I still get statements from the trust showing the outstanding balance and interest added for each reporting period. maybe they will finish paying the piers at the same time they start paying us.
don't they have to be paid in full in order for last classes to start to be paid? does your position still show up in your trading account? could they purposely being controlled to appear impaired?
are you still waiting on your final h payment?
...coincidentally, we were having dinner with close friends we hadn't seen in over a year the day after the announcement, I started to tell them the latest & greatest of the wamu story, and they had refinanced their house just a couple of weeks before that with Mr Cooper. so I guess we'll kinda own their house for a while. huh. I strongly urged them to buy wmih because it won't be in this range forever.jmo
it is 18.00/nsm or 12.7793 shares of wmih
so Judge Rosemary Collyer is a fisa judge
if we actually do own the assets who is there to maximize their value on our behalf? is there some standard that gets followed?
4 cents voo. ..so tomorrow is a big dive looming. I saved some dry powder just in case you're right and there's another buying opportunity.
they don't need the money now. they are comfortable with the projected game plan and hopefully their projected outcome. we, evidently as a group aren't in the same place, particularly since there isn't a whole bunch of trust here for them. jmo
just saw my first Mr Cooper commercial
i'll be a waitin'
well, this is definitely earlier
nope, the lawyers are telling the shareholders of nsm they should be getting more than 18.00/sh. if you look at their share price, it hasn't shown a whole lot of panic movement...they know.
I guess that's why LG is always saying we got escrows and the piers got tax problems. I had a de minimus position so I didn't end up with tax problems...but I still made 3x plus roi. not too bad for an impaired class.
they were litigation tracking warrants from a 1990's government screw up that kept going from bank to bank and wamu had it at the time of the seizure. don't really know much about it either but I wanted to have some of all classes because of the APR.
nope, they got lawyers looking for a lead plaintiff, and they are not gonna find one because they(nsm institutional share holders) already know what's going on.jmo
let's just say bs
yeah, I did but td ameritrade said they didn't receive my package in time, yet the return receipt was signed by tda representative by the deadline. only the dimeq wasn't accepted, my p, k and u's we're all released fine.
well, in that case, you're welcome.
not surprised, they want your money and if you hadn't called them on it, they would have kept it, so how much do these guys make from those that do not call them on it...probably hundreds of thousands of dollars.jmo
well I definitely got nothing
really, I had dimeq and was deem to not have released. Truth is I did release, mailed certified mail return receipt requested and TDA said they didn't receive it by the deadline even though it was received and signed for on 2/28/12, like all the other 3 releases I mailed at the same time that were accepted. So what was the award? oh yeah, you said THJMFW didn't accept it.
all done in secret
sad but true.
how about from his lips to the disbursing agents' or whomever cuts the checks ear
really? those escrows either will or will not produce money. what WAS risked has long since been written off, but if they come back into value, well then that's great...unless one doesn't have escrows. it's not really potential money tied up. it was untied in 2012 and replaced with wmih shares, but still, until such time as those markers disappear, without value, their potential value exists free of charge..unless, of coarse one doesn't have escrows, for which there exist no additional potential.
not true, one of the main reasons most people have been hangin' out here is to talk about the escrows. thing about escrows is there is no risk and if you have them well it's whole lot better than not having them(escrows). in fact that is the unique aspect of this bankruptcy, the escrows and their huge upside potential.jmo
..and shortly before all that happens there will be a huge advertising campaign, much the same as wamu used to run before the big theft..and that jpmc ran after the theft, although for much different reasons.jmo
yes, if you were given new wmih shares you released(only way), and have escrows represented by a tracking number with no current shown value
well today 12.7793 shares of wmih comes to 15.72/sh. and nationstar closed at 16.88 that puts us a little closer to reality so today 18.00/sh for nsm would be a good deal, but most of the nsm holder are institutions and they know what's going on. jmo
...wouldn't you have had renters insurance to cover your stuff? unless you owned the building you moved all your stuff out of before the fire...but then you'd have homeowners insurance, and in the meantime, all your stuff is safely on your lawn which you still have legal title to...
we haven't seen a merger or anything close, until now, so this IS different