Democracy starts with you, tag your it! ...Thom Hartman
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.
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.
I'm skipping an awesome swell today to be here, and so far I thinks it worth it.
What's funny strange is when I cross reference these ACTIVE WMI bonds in Schwab bonds trading (for schwab you use the abbreviated form) I get a scriveners type error ...
"Function is temporarily unavailable"
However, I can cue up any of the matured or liquidated old WMIH ones no problem.!!!
haha, we know its there, just cant say it just yet.....
New ISIN finds - WMI this time! Over 50 of them. And many still ACTIVE to 2041; not Mat'd or Liq'd. AZ said there were more. These ARE separate from the 40 I posted last week belonging to WMIH CORP's financial entity registration LEI number, of which COOP has none.
Highlights:
1) ISIN cusip for old WMI commons, is ACTIVE US9393221034. Maybe the 'missing link' to how our escrow cusips are connected, for those who released UQs
2) WMI ISIN cusips that matured or liquidated during the (2) bankruptcies, whose income and interest generated has been held in safe harbor, and will be a portion of the bulk lump sum release from 10+ years of accumulation, as AZ has described.
US 939322AY91, US939322AL70, US939322AS24, US939322AQ67, US939322AX19, US939322AJ25, US939322AH68, US 939322AT07, US939322AW36
3) WMI ISIN cusips that are ACTIVE today, some until 2041, which will produce the annual returns into the future as AZ has described. Only 11 of these show up also as WMIH ISIN cusips. The rest here are listed as ACTIVE for WASHINGTON MUTUAL INC
US9393222024, US939322AF08 (until 2041), US9393221034 (WMI commons), US9393221117 (2041), US9393227643, US9393228484 (2041), US9393228559, US9393227312, US9393227726 (shown also on WMIH ISIN), US9393227494, US9393228229, US9393226991, US9393224004 (on WMIH ISIN also), US939322AZ66, US9393227072 (shown on WMIH ISIN also), US9393227809 (on WMIH ISIN also), US9393227155, US9393228633, US9393228716, US9393228062 (shown on WMIH ISIN also), US939322AT07 (on WMIH ISIN also), US9393223014, US939322BA07, US9393226082 (also on WMIH ISIN), US9393228898, US939322AN37 (also on WMIH ISIN), US9393227569 (also on WMIH ISIN), US9393222070, US9393227239, US939322AE38 (on WMIH ISIN cusip also), US9393228146, US9393225092, US9393228302, US939322AW36 (shown on WMIH ISIN also), US9393227981 (shown on WMIH ISIIN also)
There is more to come....
HLCE
The FDIC only has authority over WMB the bank. WMI/WMIH CORP is a holding company, that was only temporarily put on hold till the bankruptcies were finished, and then resumes as normal. This was chapter 11 reorg, not a liquidation. Any income on hold (safe harbor) during chapter 11, accumulates with interest and will come home to roost
Exactly
I just found at least 16 more ISIN cusips registered to WMI that are open and active
So now we have 14 ISIN cusips to WMIH CORP
and 16 so far to WMI.
Keeps getting better.
They just show as open and active. Was gonna do more looking later.
ME also!
With a little effort you can find the "no info" ones in a bond database (A.N.N.A.). These are the 14 legacy WMI that are still ACTIVE and not matured or liquidated.
Coop cannot take anything.
to those who released. Read the 40 ISIN codes registered to an "ACTIVE" and "Fully Corroborated" corporation name WMIH CORP. And then research ISIN code deciphering to determine the bond cusips contained within each ISIN code. Then research each bond cusip with an appropriate database - it took a few searches to find one comprehensive enough to list them all (A.N.N.A.)
There are 14 legacy WMI cusips still ACTIVE, not Matured and not Liquidated - that is 14 ongoing securitizations. IF you released, you released to get legacy WMI product. Your escrow tracking marker cusips are your proof of your % portion released.
Why would COOP get any of that? Did COOP release? nope. COOP came years after people released and WMIH reorganization started. COOP was late to the party.
COOP is the mortgage servicing unit of parent WMIH CORP, as now shown and proven. Not to mention the Natioinstar merger docs always stated that WMIH CORP would be the surviving entity.
I happily own COOP, but COOP isn't getting legacy interests, thanks for the laugh.
None of the REITs, nor WMIH CORP itself are publicly traded. So I don't expect any announcement.
It will be a mechanical and robotic process when it moves.
These REITS have been paying all their other investors over the last 10 years. THE WMI/WMIH CORP stuff was put on ice until our BKs closed this last spring.
Hey man, been a while! That'd be my expectation as well, assuming an annual basis calculation is ending December 31st, and the REITs are not reporting based on some obscure fiscal year (ie March to March).
I haven't really looked into that yet. AZ most likely has.
My mind is blown away seeing legacy WMI inside a still "ACTIVE" and "fully corroborated" WMIH CORP. Mind. Blown.
With my luck, Coop will be unaffordable by the end of year disbursement. Maybe by design.
Managing trusts must disperse to DTC registered investors (those who released for their portion %) on an annual basis. These REIT trusts are not affiliated with the old debtors, LT, hedgies, JPM, FDIC, or whatever boogyman. They are legally obligated fiduciaries to their constituents. They paid WMI investors faithfully before bankruptcy, and they will pay legacy WMI investors after BK. They were legally obligated to safe harbor (pause button) anything WMI related for the last 10 years......Until the Bks ended.
The Bankruptcies (2) closed this year 2020. Safe harbor no longer applies a freeze to these securities. IRS 90% rule states the managing trusts (REIT) must disperse on an annual basis.
There is no more 'but this or that' to hold hostage. It is finally over, and we wait for the next annual distribution date.
Those who released should receive their portion % of the last 10+ years up thru 12/31/2020, of accumulated income +interest.
Plus, Every year following there will be annual dispersements of continuing and ongoing accumulations. One goes out to 2041.
This: shows the chronology of filings by WMIH CORP to the DTC. The newest one on top being 07/22/2020 at 8am. An 'Entity Legal Form Code" of "XTIQ". Meaning 'incorporated'. "a 'mutual fund of mutual funds'
https://search.gleif.org/#/record/549300KD8C6DPXYC2M26/record_modifications
WMIH CORP is very much alive.
Your escrow tracking markers only represent your tiny percent ownership of a corresponding WMIH CORP ISIN related investment.
All maintained and verified by the DTC
I've already decoded it, but thanks
Starting at post 633775, read everything I posted from there
That’s the only impression you got? After all those posts and screenshots? You must not of released, or you’d have noticed.
WMIH CORP is shown to be “ACTIVE” and “FULLY CORROBORATED” by the DTC as parent holding company
COOP, Mr. Cooper, the LT, etc has no ISIN codes.
WMIH CORP owns 40 Active ISIN Cusips specifically proving legacy WMI securities and many are producing, not matured/liquidated. One produces income till 2041.
You can read every single one if you choose to. I posted for those who don’t.
There is no refuting this. It’s clear as day. Every lie from the LT and it’s EC minions for 10 years fails now.
What will happen, is some of the same people will try and bury this with non issues, ignoring proof of life for ones escrow tracking cusips. Must be professional legal liability on the line when one’s conflicts of interest lead many to not release or switch out while on the company dime
There are various online libraries like ANNA where you can sign and get a free account.
As AZ has posted, investors interests are calculated on an annual basis. With WMIH CORP (trading as COOP) finally exiting BK in 2020, safe harbor protections evaporate, and the normal rules apply for the trusts who are obligated to manage investor’s returns. 90% has to be returned to investors now on an annual basis. That is the trigger. This should happen finally on an annual basis.
90% of acculmulations + interest lump sum from over the last 10 years, plus receive ongoing annual returns into the future until maturity. Plus whatever Coop stock does. 3 things to look forward to
Your escrow cusips only represent your portion % of the WMIH CORP ISIN cusips I posted. The actual cusips are contained in the ISIN cusips. Research how to decipher an ISIN cusip. It’s pretty simple
The ISIN number contains the Cusip number. Keep reading
I did : )
Got some of our own brewing on the Straits this week. only the water temp is in the 40s
yeah....it kinda seems like 'abighammer' and trading friends needed an army of retail on board to force an EC, get a seat at the table, etc...they needed a good horse to ride to the end of BK.
Only the ultimate plan was to ride that horse to death along the way, before the end..
Once we had an EC and gained enough traction, how many people were then conned into buying H's and Dimes, selling Commons, etc...years of beatdowns. Remember how that story switched around the time just before Boardpost started.
All of a sudden, all the unity was gone and the heavy peeps starting crapping on anyone and everyone like AZ.
They rode us as long as they needed, and dropped us like a bad smell. Thank god I saw through it and released.
Those who didn't should sue their asses off. There are people who know their names.
Well, AZ found it long ago. I just finally had a moment to sit down and chase some ideas that verified the trail he left for us. Blew my mind to actually see the proof....in WMIH CORPs name as an "ACTIVE" and "FULLY CORROBORATED" by the DTC source
It’s never been hidden! You just had to know where to look. There’s been a monstrous effort to confuse, mislead, and Pied Piper many off the lemming leap to not release. I always knew safe harbor in BK was real, and that was enough for me to release. I’ve sat back and watched, listened, observed for the last few years. Got back to surfing and living. But I’m always pondering this stuff, and had an epiphany last night about where to poke, and there it was. Out in the open, free information to those who seek....well, not free to those who pay others to obfuscate.
Verified by the DTC. I’ve found more, to where its redundant. Do what you gotta do, you be you, I expect nothing less.
Thx to who ever just bought me an unlimited posting membership. I was wondering how I got to keep going. Cheers and Shaka! Your Drinks are on me!
No, because your escrow tracking cusip you listed, are just that....bookmarks that represent your percentage ownership of whichever ISIN cusips that you hold a percentage of
post # 633911. Im out of posts for the day.
Post 633919 is the complete lists of WMIH CORP ISIN codes that ALL are listed as Legacy WMI and ongoing securities.
Nobody stole them, not JPM or hedgies, or LT. They are right there under our noses, in plain daylight.
I'm 1000% satisfied about my escrow cusips.
Here are the WMIH CORP ISIN codes listed, as Washington Mutual INC (WMI) securities. One has a maturity date of year 2041 (also like AZ has said before)
WMIH CORP ISIN Codes: For those who chose to look on their own.
US9393221117 WMI WT EXP MATURITY 05/03/2041
US939322024 WMI PFD SErC Perp
US9393224004 WMIPFD SER E Perp
US9393225092 WMI PFD Ser F 8.3%
US9393226082 WMI DEPOSITORY RCPT SER F EACH SH REPOSITORY
US9393227072 WMI CL A
US9393227569 WMI PRF SER S
US9393227643 WMI CONV PERP PFD SER T ACCD INVS
US9393227726 WMI CONV PERP PFD SER T 144A
US9393227809 WMI CONV PERP PFD SER S ACCS INVS
US9393227981 WMI CONV PERP PFD
US9393228062 PFD
CLEARLY legacy WMI, which if for those who released.
Clearly not COOP or MR COOPER or the LT. COOP will be fine as an investment as an ongoing servicer.
Your cusip if you released, represents your % of the corresponding ISIN. And what I'm seeing right now.....is an "active" and fully corroborated by the DTC, a WMIH CORP ISIN numbers specifically stating for P preferred, K convert pref convertible, and UQ commons.
AZ WAS and IS right!
Look at what i just now posted as a screenshot from GoFile. It is an active bond for Washington Mutual Inc. (WMI) Preferreds. Holy cow. I'm freeking out seeing proof of life.
Here is a WMIH CORP active bond for WMI preferreds: ! ! ! Another smoking gun
click on my GoFile link to screen shot insert-text-here
Holy moly, to clarify why they are paid once a year.....I found these instruments on ANNA, and they are listed as bonds that calculate interest on an annual basis. So investors are only getting annually paid.
I just started tracking the half of the 40 WMIH CORP ISIN security codes that I had previously posted, that were not listed by Schwab as Matured or Liquidated.
You can get a free ANNA-web.org ISIN bond library access account. This allows you to find and record each one. I've only looked at two, and they are CFI instruments, ie mutual funds that track other mutual funds. They do exist. These two ISIN coded bonds are titled Washington Mutual Savings Bank Seattle, 4% and 4.8% ACT 365.
Gonna go thru the rest of them, probably take a while.
Corporation Service Company and that address is just the registered agent for WMIH CORP, as holding company of Mr COOPER. Notice the Delaware address. Its what all US corporations, big and small, use. CSC represents probably thousands of companies as their registered agent, and basically keeps all their filings with the state up to date. There are many other services they provide if you look further.
10 years of money + interest, isn't flowing yet, as the year hasn't ended. The trusts always disperse to investors at end of year. If you released, we are all making good interest on that money. So when it comes to you, it'll be worth it.
Sidedraught for the Win.
I'll do 2 uploads. This first URL, is my worksheet tracking the 40 ISIN Codes listing as ACTIVE per DTC as WMIH CORP securities. (legacy WMI); as shown in my post I am replying to.
The pink highlighted ones indicate securities converted to bonds, and eventually liquidated or matured, and some appear International possibly.
The non-highlighted print represents Active securities pumping out cash investment every month.
And again, they represent 2 things: liquidated accumulated cash over the last 10 years in BK, and secondly, ongoing cash producing securities....
I think this will work: click on the blue link, I tested it and it works. Goes to Golfie host insert-text-here
yes please. iPhone
Sidedraught for the Win.
I'll do 2 uploads. This first URL, is my worksheet tracking the 40 ISIN Codes listing as ACTIVE per DTC as WMIH CORP securities. (legacy WMI); as shown in my post I am replying to.
The pink highlighted ones indicate securities converted to bonds, and eventually liquidated or matured, and some appear International possibly.
The non-highlighted print represents Active securities pumping out cash investment every month.
And again, they represent 2 things: liquidated accumulated cash over the last 10 years in BK, and secondly, ongoing cash producing securities....
I think this will work: Stand by, I think i figured out my mistake. says file is 7.5 mb