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~ WMI Delaware Is Not, nor is WMI Washington, ... (XXXX) ... and COOP Is still A Sub of a Sub of (XXXX) ~
... follow the filings closer' ...
the WMB Notes, ... have revealed the process and, ... of who' (XXXX) is ... :)
DIRECT OWNERSHIP is a must' ...
this was not a response to JWW' ...
just sayin'
AZ
~ YES' and CORRECT', ... Let The kidddies baaang awwwway' ... It Doesn't Matter' ... NOPE' Not At All' LOL' ... ~
the Mr Cooper Group' ... COOP ... is on the NasDaq as an SEC allowed "Registrant" and the Sub of a Sub of (XXXX) ... LOL' ... glad I rode the Gallagher Trail to "profit" ... rock on'
... All VERRRRRY', ... Neatly Done By ~ "The Smart People In The Room" ~
Correct, and the failed attempts to disrupt (7) ... ? ... well it's good that they failed' ...
Yes, ========
"No wonder it was hard to find. Every SEC search, PR announcement I did only brings up the WMIHC to WMIH merger.
And then spilt coffee happens, lol. Conveniently..."
Yes, ========
This WMI WA is running in the dark without headlights. So hard to find, but there it is in plain sight once you know what to call it. Nobody lied, lol. Fully disclosed. Just about everyone missed it, hahaha. good lord!
~ Yes' ... You Have Been A GREAT Friend', I Will Never Forget ! ... ~
"WMIH, the Sub, now trading as COOP, ... where as, the Mr Cooper Group, IS', ... the sub of a sub of' (XXXX)" ... the Mr Cooper Group is a servicer' ... a servicer that was necessary' ...
Yes, ... As a "Direct Owner" of the WMB Notes' ... with the recent interest distribution ? ... things began to make a lot of sense' ... just sayin' ... :) ... and so, ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171370105
As further described in Item x.xx below, WMI Washington consummated a reincorporation merger (the “Reincorporation”) with and into its wholly owned subsidiary, WMI Delaware, pursuant to the terms of an Agreement and Plan of Merger entered into between WMI Washington and WMI Delaware on xxx, xx, xxxx (the “Merger Agreement”), which is attached as Exhibit x.xx to this Current Report on Form x-x and incorporated herein by reference. The effective time and date of the Reincorporation was 8:00 p.m. Eastern time on xxx, xx, xxxx (the “Effective Time”). As a result of the Reincorporation, the registrant is now a Delaware corporation. [ xxx ] In addition, at the Effective Time, WMI Holdings Corp. changed its name to WMIH Corp. The Reincorporation also resulted in the changes to the directors and officers as set forth in Item x.xx below. WMI Delaware will continue to operate the business of WMI Washington as it existed immediately prior to the Reincorporation, and the fiscal year, accounting, location of the principal executive office, assets and liabilities of WMI Washington remain unchanged.
Yes, ... "the Mr Cooper Group" as COOP', ... is a sub of a sub (WMIH) ... of (XXXX) ... "the assets and liabilities of WMI Washington remain unchanged" ... sound familiar ? ...
just sayin' :) ... ~ Know What You Own ~ :) ... the rest ? ... only privately'
AZ
~ BoardDork That's Correct' ... Here's ONE' ("Cowboy Released") a Public Nugget Regarding (XXXX) ... WMIH, the Sub, now trading as COOP, ... where, the Mr Cooper Group IS', ... the sub of a sub of' (XXXX) ... ~
the rest ?, will be kept' ... private' ... anymore released ?, won't get it anyway' ... coffeeee' was intentionally spilled on the relevant' homework ? ... LOL' ... LOL' ... LOL' ...
========
As further described in Item x.xx below, WMI Washington consummated a reincorporation merger (the “Reincorporation”) with and into its wholly owned subsidiary, WMI Delaware, pursuant to the terms of an Agreement and Plan of Merger entered into between WMI Washington and WMI Delaware on xxx, xx, xxxx (the “Merger Agreement”), which is attached as Exhibit 2.1 to this Current Report on Form x-x and incorporated herein by reference. The effective time and date of the Reincorporation was 8:00 p.m. Eastern time on xxx, xx, xxxx (the “Effective Time”). As a result of the Reincorporation, the registrant is now a Delaware corporation. [ xxx ] In addition, at the Effective Time, WMI Holdings Corp. changed its name to WMIH Corp. The Reincorporation also resulted in the changes to the directors and officers as set forth in Item x.xx below. WMI Delaware will continue to operate the business of WMI Washington as it existed immediately prior to the Reincorporation, and the fiscal year, accounting, location of the principal executive office, assets and liabilities of WMI Washington remain unchanged.
Yes, ... "the Mr Cooper Group" as COOP', ... is a sub of a sub ... "the assets and liabilities of WMI Washington remain unchanged" ... sound familiar ? ...
just sayin' :) ... ~ Know What You Own ~ :) ... the rest ? ... only privately'
AZ
~ LOL' ... "grab" ?, and" follow" ?, ... are 2 different', carefully chosen words' ... LOL' ~
Grab a "wand", ... Follow (XXXX), ... "W-9 release to own' (7)" ... then into (WMIH) a Sub', (2014-2015) ... then to ... "the Mr Cooper Group" (COOP) ... A Sub of a Sub' (2017-2018)
acknowledge and apply the completion of the "wmi-lt" ...
riding COOP from $5.00pps to $50.00 ? ... well, ... ? ...
Being a DIRECT OWNER of the WMB Notes' ... ? ... has shown the path' ...
just sayin' :) ... Again ...
AZ
~ Grab a "wand", ... Follow (XXXX), ... "W-9 release to own' (7)" ... then into (WMIH) a Sub', (2014-2015) ... then to ... "the Mr Cooper Group" (COOP) ... A Sub of a Sub' (2017-2018) ~
acknowledge and apply the completion of the "wmi-lt" ...
just sayin' :)
AZ
~ Just Considering The Actual Filings, and Trackable Submissions' ... period' ... No Fluff' ~
the CT's have "Covenants" ... I'm NOT Concerned ... I just don't know "when" ... I believe "Soon" LOL' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171323602
~ LBHI MOR's Reveal the Month Over Month' Inbound Cash Has Now Diminished Greatly' ~
... Yes Jerz' ... "SOON" ... when the possible LBHI inbound cash diminishes ?, the plan will finally be ... "implemented" ...
https://document.epiq11.com/document/getdocumentbycode?docId=4139429&projectCode=LBH&source=DM
as of "DECEMBER 1, 2022 – DECEMBER 31, 2022
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
24.3 (in millions) came in' ... 24.3 million'
(a) Receipts from Non-Controlled Affiliates are primarily distributions from affiliates in Australia
========
and now ? thanks to DJN's quick time' posting ... ? ... only .09 (in millions) inbound' ... or just $900,000.00
https://document.epiq11.com/document/getdocumentbycode?docId=4149788&projectCode=LBH&source=DM
JANUARY 1, 2023 – JANUARY 31, 2023
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
(a) Operating expenses include contractual payments for compensation and benefits to Lehman employees of approximately $5.5 million for services performed in 2022. Payments to certain vendors reflect fees incurred over multiple months.
========
Yepperini' ... it's "Still" lookin good people, ... real' Good' ...
just sayin'
AZ
~ A W-9 Was Attached To A Properly Submitted Vote', a Vote To Own' (7) ... A W-8 Acceptance Is Referenced, ONLY' to the "wmi-lt" & the Liquidating Trustee', ... the "wmi-lt", Which Is Now Complete, & Finished ~
"Everything" Needs To Be Read' ... not just the "feel good parts" ... the Mr Cooper Group (COOP) is a Sub of a Sub (WMIH), ... of (XXXX) ... ~ Know What You Own ~
~ COOP WAS The "Tell" ~ ... WMIH CEO' Gallagher's Ride Has Ended', from $5.00 pps to $46.00 to $50.00 pps ... the Mr Cooper Group is merely a Servicer' ...
Here It Is; ... right' ? ...
"In addition, in the case of any Liquidating Trust Beneficiaries that are not U.S. persons, the Liquidating Trustee may be required to withhold up to 30% of the income or proceeds allocable to such persons, depending on the circumstances (including whether the type of income is subject to a lower treaty rate). Such withholding is not dependent on the Liquidating Trust distributing any cash or other proceeds. The Liquidating Trustee may also place such withholding in an escrow pending a determination as to whether the withholding is required under applicable law.
To avoid unnecessary withholding, each U.S. holder is required to properly complete and return the Substitute Form W-9 included at the end of this Ballot, certifying that such holder is a U.S. person, that the TIN provided is correct, and that such holder is not subject to backup withholding, as per its instructions. Exempt persons should indicate their exempt status on the Substitute Form W-9 as per its instructions. Each non-U.S. holder is required to complete and return the applicable IRS Form W-8 (W-8BEN, W-8ECI or W-8IMY, as applicable), signed under penalties of perjury, certifying the holder’s foreign status. These forms may be obtained from the IRS website (http:/www.irs.gov). Holders should consult their tax advisors as to any qualification for exemption from backup withholding, or a lower rate of U.S. withholding under an applicable treaty or exemption, and the procedure for obtaining such exemption.
Tax forms must be sent to your Voting Nominee, along with the completed Beneficial Holder Ballot. In order to receive a distribution from the Liquidating Trust, you must provide the requested tax information in a timely manner so as not to forfeit your distribution. See Plan § 28.14(c)."
http://personal.fidelity.com/misc/wamu/WAMU-Class-02-Beneficial-Ballot-939322-AP-8.pdf
========
Again, this only applies to a potential "wmi-lt" distribution, which IS NOT going to happen' ...
just sayin'
AZ
~ Thank You, I'm Leaving for a bit Shortly, But I Trust You ~
A recent revelation just uncovered who' ... the servicing mechanism was for the WMB notes, ... and I was floored' ... the WMI Wells Fargo Indentured Trustee was the recipient of the interest earnings from the servicer, and then the distributor to the Direct Owners ... THAT' ... lead me back to 2014-2015 and 2017-2018 ... and KKR' ... and the sub of (XXXX) ... or WMIH' ... WMIH is a Sub' ... Original (releasing) Ownership of (XXXX) ... insert the Preferred Managing Sub, ... and the rest falls very neatly into place' ...
("here ?, there's toooooooo much noizzzzzzz") ... watch for it', here it comes' ... it always follows @@
Thank You My Friend
AZ
~ BoardDork, ("I can show you"), ... Yes, (XXXX) Still Exists, ... WMIH is a Sub', ... and the "Mr Cooper Group" is a Sub of "That" Sub, being used as the "Registrant", ... and' ... There Are More' Subs of (XXXX) ~
yes, ...
("I can show you")
~ Now To "both" questioners', ... Sorry, But That ? IS "NOT" Going To Happen', "it is what it is" ~
Yes' ... the SEC allowed Registrant' ... the Mr Cooper Group COOP', is a sub of a sub of ... XXXX ...
"Since you are ALWAYS TRYING TO HELP all here"
~ BoardDork, Yes' ("we") Should Talk About "the Mr Cooper Group" ... now as COOP ... Yes, The Sub (COOP), of a Sub (WMIH) ... of (XXXX) ~
The SEC Guidelines Allow for the Use of a Company's Choice of a "Registrant" ... as well as "Name Changes" ... KKR and the WMIH CEO Gallagher knew exactly what they were doing and How' to Get it done ... and yes, you are correct', it began in 2014-2015 and was initiated in 2017-2018 ... and ... was distracted in 2019' ... by irrelevant and losing litigation
remember, ... of (XXXX) ... ("it's not gooooood' heeeeeer")
just sayin'
AZ
~ Thanks Brother, and to All' of Course' that have Shared and Have Suffered' ... Yeah' ? you serve your country, get shot up, enhance your education, live the American dream by owning and operating a successful business ?, ... plan for a beautiful future ? ... and then', and then', and then', ~
... So, what really matters ? ... none of this' that's for sure ... not WMI', nor the Mr Cooper Group as COOP', ... or none of those that have gone so far out of their way to keep what was never rightfully theirs' from US' ... I no longer really care' ... hot-rods, hony's, trips, money, good booze' ... none of it matters' ... I'm ff-nn' ready
just sayin'
AZ
~ Because', For the 10,000th Time ... Those Ratios of Distribution' Were Limited To The "wmi-lt" and to the "wmi-lt" ONLY ... which is now finished, and has been completed, ... the "wmi-lt" never mattered, remember ? ~
... I can not continue to debate these facts' ... the "wmi-lt" is done' ..."it is what it is" ... I'm 100% sure' ... So, ? ... anyone can believe whatever they want to' ...
... the Mr Cooper Group, ...now trading as COOP ... is a Sub of a Sub, and is using SEC allowances to report as the Company's ... "Registrant" ...
Recovery for a released WMI Preferred ? ... is accumulating within the WMIH Preferred Managing Sub' ...
Recovery for a released Owner of the WMI Holding Company as a Releasing uq' common share ? ... Owner ... ? ... has not yet been acknowledged, ... BUT', Like a WMI Preferred Recovery ?, ... IT IS STILL COMING' ...
~ Predecessor Operational Protocol and a Fair and Equitable Result' ~ (no guessing) ...
When the True and Complete depiction of the actual Entire company, ... becomes the "Registrant" ... ? ... that is when all will be completed' ... the current "Registrant" ? ... wasn't even around when WMI Reorganized ... I'm An Original Releasing OWNER' of the Reorganized WMI Holding Company ... period'
AZ
~ Thanks ND9' You've Been A Good Friend For Many Years', I've Appreciated That ~
Now ?, with "the Mr Cooper Group", ... as COOP' ... being SEC allowed to Report and be merely Financially Considered as the Registrant, again as a Sub of A Sub ... much of what was studied, made sense' ...
I actually found, The WMI Preferred Managing Subsidiary, absolutely intriguing ... It was the recipient of inbound CASH', generated by the ABS-Cert Trusts ... and then, as a sub' the CASH' would be reallocated back to WMI' for the release of the Fixed Income quarterly Interest to an Owner of a WMI Preferred Product' ...
This sub' is still trackable on the SEC site, ... BOTH' ... pre BK and then post the reorganization, as now, a WMIH sub' ... just like information regarding the WMB notes' ... no one ever wanted to discuss this' ... ? ... shut down, twisted, swirled, etc. ... whatever' ... right ? ...
Anyway, ... after the reorganization, ... the (now) WMIH Preferred Managing Sub' ... reported the $18,000,000.00 3% quarterly coupon that was being removed from the Sub' to pay for the KKR Issued B Preferred coupons' (3% Cash quarterly) ... I did not like seeing that ?, but it did make sense, AND' PROVED' that the Sub Still Existed' ... then the One time amount was recorded when the run-off notes were prematurely paid off' ... that ?, was the defining moment for me' ...
The Preferred Managing Sub' was NEVER depleted entirely ?, nor was it ever recorded as dissolved, ... Actually ?, the opposite occurred, ... "COOP" ... went to all common shares' / KKR transitioned its coupon to be paid in Commons' (5% semi annual) ... and the WMIH Preferred Managing Sub was able to Go Dark ... without any outbound payments from the sub, there were no SEC rules that mandated the subs reporting and "the Mr Cooper Group (a sub of a sub) was still able to qualify as a Registrant only' ... slick, right ? ... anyway,
Anyway, ... I am well assured of a recovery for an original owner of a WMI Preferred "P's, mostly, I'm still not sure of a subset' K ... simply because the SUB is still in existence and without any Preferred Coupon, being withdrawn, ... the Sub's Cash Contents have obviously increased ... I hope that helped' ... (I own both released P's and K's)
While an Original Releasing Common Share ... a uq' ... still maintains its ownership status of the Original WMI' ... the Original Holding Company ... (I own a bunch of these also)
just sayin' :)
AZ
~ TCS5', ... 1st' the' AZCowboy Has Always Worked Alone', ... I'm Following The Actual "Parent Corp" While the / It's Sub of a Sub, ... "the Mr Cooper Group" ... COOP ... Is SEC Allowed To Be "The Registrant" ~
... I've moved on from the slick' ... "wmi-lt" ... and the swirled wording' ... the "wmi-lt" is done ... blah, blah, blah ...
... the outlandish number concerns ? ... are just that' ... not ever going to happen' ...
the WMB notes' (NOT 144a's) have begun returning interest to WMI' and the Qualified WMB note Direct Owners' ... (like me) ... as I recently updated, The "Cash" Money (interest earnings) Is Coming From Another Bank, (a WMB Bond', servicing affiliate) and is then paid to the WMI Wells Fargo Indentured / Property Trustee, ... and is then paid out and distributed to a "DIRECT OWNER" (like me) ... IserioslyDC' who gets it' ... my accounts and my directly purchased financial products' ... period' ...
What WMIH CEO' Gallagher and KKR did ?, at the end of 2017 and early 2018' ... is the fundamental foundation of what is to come' ... I followed what was being done' closely, noone cared', ... I bought an absolute LOAD in the $5.00 pps range and profited greatly in the $46.00 to $50.00 range as I took out profit' ... many swirls and twists, but the losing coffeeee litigation was a distraction' ... and took the cake' ... (pun intended) ... and on pupose IMO' ...
... How ? (and who' LOL) ... would you suggest that I help ?, ... after all that has gone on' ... ? ... everything relevant brought forward, has been cancelled, swirled, twisted, or ? ... enough already' ... right ? ... I'm a reasonably happy guy' ALL' things considered' ... (I miss my wife')
just sayin' ?
AZ
~ LBHI MOR's Reveal the Month Over Month' Inbound Cash Has Now Diminished Greatly' ~
... Yes Jerz' ... "SOON" ... when the possible LBHI inbound cash diminishes ?, the plan will finally be ... "implemented" ...
https://document.epiq11.com/document/getdocumentbycode?docId=4139429&projectCode=LBH&source=DM
as of "DECEMBER 1, 2022 – DECEMBER 31, 2022
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
24.3 (in millions) came in' ... 24.3 million'
(a) Receipts from Non-Controlled Affiliates are primarily distributions from affiliates in Australia
========
and now ? thanks to DJN's quick time' posting ... ? ... only .09 (in millions) inbound' ... or just $900,000.00
https://document.epiq11.com/document/getdocumentbycode?docId=4149788&projectCode=LBH&source=DM
JANUARY 1, 2023 – JANUARY 31, 2023
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
only .09 (in millions) came in ... or just $900,000.00
(a) Operating expenses include contractual payments for compensation and benefits to Lehman employees of approximately $5.5 million for services performed in 2022. Payments to certain vendors reflect fees incurred over multiple months.
========
it's lookin good people, ... real' Good' ...
AZ
~ Great Work DJN' and Thank You ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171302729
AZ
~ wazzz' Up peeps' ? ... "COOP" is a 10 bagger ($5.00pps to $50.00 ish) ... the WMB notes are payin' interest to a Qualified Direct Owner ? ... everything is fine ? ... just fine, ... right ? ... (and those CT's ?, Well they are golden' ... oh my' :), ... "oh my, oh my' oh my' ~
rock and roll' ... mama's ... (havin some white French wine with a long legged slim' blondie') ... life is good'
just sayin; :)
AZ
~ Oh Yeah' That' ? .. Yep That is A True Statement' ... YEPPERINI', ... the Mr Cooper Group Is A Sub of a Sub of' ... and is merely being used' within SEC Allowances as the "REGISTRANT" for the "Big Enchilada" ... (my humor' is making me hungry LOL) ~
Sorry I may be missing something here and that is THE OTHER SUB of A SUB
~ Correct', ... The "Predecessor Operational Protocol" as referred to in the Mr Cooper Group SEC Submissions, ... Was ALL Set Up Prior to the original WMI' Chapter 11 Filing's (plural) ... (2 were filed, that's all that was necessary at the time') ~
Gallagher, the CEO of WMIH, needed the "servicing sub" ... and along came NationStar'
... it's all amazing ... no one has lied', they are simply VERY' good at what they do' ... part of which was the "swirled up" misdirection' ... ? ...
doesn't matter anymore, ... the only thing that can be added, held, or sold NOW ?, ... are shares of the servicing sub, ... "COOP" ... with the Mr Cooper Group being SEC allowed to be used as the Registrant for the entire enchilada ... (I like enchiladas LOL)
"COOP" has already had a very nice run from $5.00pps to $46.00 - $50.00 ... Thanks COOP'
anyhew'
AZ
~ Take AS MANY SHOTS' ?, that can be swirled and twisted' (doesn't matter) ... the Mr COOPER Group' (COOP) Is A Sub of a Sub of ? ... (yes, it's all in the SEC Filings "the answer of course") ... "it is what it is" ... period ... ~
Lookin' deeper, ... Yeppers' ... the WMB notes, (NOT any 144a's as personal ownership and personal account specified) ... with the "wmi-lt" now all closed, the continued interest generation is coming from another specified managing asset manager', ... then the funds are being sent to the WMI Wells Fargo Indentured / Property Trustee for distribution and release ... and subsequently are being released to the Qualified, DIRECT OWNERS of the same' ... the released amount is calculated using the amount of uq's released as owners of the reorganized WMI, and are used as a counting mechanism ...
ALL ACCOUNT VERIFIABLE' as of this morning ... Check Your Account for actual direct ownership designations. of WMB notes' ... NOT the 144a's, ... those domestic 144a's are being managed and serviced by the sub of a sub, ... the Mr Cooper Group ...
just my suggestion' to read' ? ... the CASH returns are great ... the process is working ... tooooooooo early for a SHOT' here, maybe later LOL'
just sayin' :)
AZ
~ Well ?, It's ALL Goodie' (LOL) - "COOP"s pps 10 bagger' Increases ? and the WMB notes' are now producing interest returns' to Qualified Direct WMB Bond Owners' ... It's All Goodie' and "it is what it is" ... makin' sense or not' ... doesn't matter LOL ~
just sayin' :0)
AZ
~ As A Direct Owner', I Filed A (17') Claim' With The "wmi-lt" Since I Wasn't Quite So "sure" as some' ?? ... LOL' ... rosssssie then direct D and the rest is now history, Funds Have now Begun to be Deposited' ... just sayin' happily' ... WMIH as symbol COOP has to now be gettin' theirs also ~
Oh, and as a sidebar ? ... WMB notes are not 144a's they never were' ... SMH, and LOL at the assumptions ...
just sayin' :) ...
AZ
~ Thanks T'1215s, ... This Correction' to them' ?, Is' Better Coming From an Ol' Cactus Supporter' LOL ... Go COOP' Right ? ~
Ownership of the Original WMI Estate calculated' by way of the amount of Released uq's ... Was The Counting Mechanism that the WMI Wells Fargo Property Trustee Used', to distribute interest back to a Qualified and Direct Owner of the WMB notes' ... now that the "wmi-lt" has finished its business'
BB
Ole Cactus posted
" the WMB notes, ... recently (last week) began paying interest earnings back, using the original releasing Common Share Owners' of WMI as a counting mechanism .."
AND
" Any Listed Original Releasing Common Share Owner of WMI' at the Reorganization (7) ... mine started being direct deposited last Thursday' ..."
Have a great evening wink
GOGOOOOCOOP
GLTA-Ts
~ Old News, I've Posted This Many, Many, Times' ... The Recent mr cooper group SEC Filings, also say the exact very same thing ~
"with Nationstar surviving as a wholly owned subsidiary of WMIH"
SMH'
AZ
~ WRONG' ... with the "wmi-lt" now completed' ... there is NO MORE 75/25 ratio's of any combined' distribution to be WMIH' ?, or COOP' considerations ... the WMIH' Preferred Managing Sub' ? will address the released (7) P's and maybe ? the K' subset', ... and a (7) WMI Released Common Share (uq') will be used for the reorganized Estate Ownership WMIH currently using a sub of a sub as its registrant' ... The WMI Wells Fargo Property Trustee has JUST VERIFIED' This' ... ~
otherwise, the WMI Estates Interest Returns recently distributed to QUALIFIED WMB Direct Owner Noteholders that released their uq's, as owners of WMI', would have shared the returns ... and ? ... as an owner of released P's and K's as well ? ... I would have received more CASH' ...
these continued incorrect statements have been damaging and distracting to the actual process ... I-no-longer-care, it is what it is' ...
the "wmi-lt" is done, ...
AZ
~ BVlake, ... In My Opinion' ? ... No, to your question, Your Release Submitted in (the approved 7') Has Recorded Your Original Ownership in the WMI' Holding Company's Ownership Positions at the time of its Plan's Implementation ... 19's, 21's, and 22's, now of course, WMIH, using a sub of a sub', within the SEC's guidelines and allowances', as the Mr Cooper Group' as Nasdaq symbol "COOP" ... all very clean and neat' (the smart people in the room') ~
"WE" released to participate, via a release submission with a W-9 ATTACHED' ... the "wmi-lt" used the released amounts of ownership', for potential released distribution calculations' ... in the same exact way as the WMI Wells Fargo Property / Indentured Trustee also recently used' the amounts of original released WMI ownership, uq's, (released common shares' owned the WMI estate'. I've said this for years' ... Common Share's ALWAYS Own The Estate') ... the uq's were again, used as a counting mechanism to calculate the amount of WMB note interest returns to begin to be returned' to a QUALIFIED WMB noteholder' DIRECT OWNER' ... QUALIFIED' ...
I never said that the WMI Wells Fargo WMB's Trustee interest returns were received for a WMI uq released common share' (that's been purposeful swirling and twisting, or something else entirely' (duhhh), LOL') ... Only that The WMI Wells Trustee, used the amounts of original WMI released ownership, to calculate the amounts of interest to be returned ...
... In My Opinion ? ... things are all already set' ... WMB notes stopped being able to be "Direct Purchased" in March of 2015' ...
just sayin' :)
AZ
~ No Worries Sparta, "& Thanks", I Pay (pun intended') ZERO Attention to any of it' ... the Mr Cooper Group "COOP" Is A Sub of a Sub, and !, ... added to that', ... a Corporation Can Use A "Sub of a Sub" as an Authorized SEC' Registrant' ... (just sayin') ~
LBHI is moving towards the "Implementation" ... it's connected and very positive ... (all cases are now closed or dismissed :) ... )
the WMI', Wells Trustee, WMB notes, now returning interest earnings to WMI' (WMIH) ? ... now that the "wmi-lt" is finished ? ... is great ... WMB note "direct owners", needed to take steps that were necessary to be a "qualified recipient", as an original owner of WMI' (released uq's were used as the counting mechanism) ... yes, steps that needed to be adhered to' and taken ... there were a lot of requirements, however' taken properly', have now begun to PAY OFF' ... yeah baby ... in between the "COOP" pps Increases and now the WMI Wells Trustee interest returns ? ... this is taking a very nice "shape" ...
"COOP" is and has been all commons since 2018' when KKR changed its coupon' ... old news but relevant' ... and the timing aligned with the WMIH Preferred Managing Sub' ...
there's a lot more, but a large percentage disappears ... wonder why ? ... hhhmmmmm ? ... (I-no-longer-C) ... LOL' ...
anyhew' :)
AZ
~ Now Tweeked' a bit' ... Answer', ... An Original Released (7) uq', an original WMI common share' ... Depicted DIRECT OWNERSHIP of the Reorganized WMI' ... period' ... so, ... There Is NO DOUBT' that the owners of the original WMI Estate', by way of a released' common share, will receive a recovery ... Right Now ?, "the Mr Cooper Group" as "COOP" is merely a portrayal of a Sub of a Sub' ~
with the "wmi-lt" now finished, ... the WMB notes are returning interest generated, to WMI' ... the big guy' ... And ? ... along with that, ... the QUALIFIED WMB noteholders, ... (like me) ... are also receiving distributions, calculated by the amount of my original WMI Estate released common share ownership' ... uq's ...
:) ...
AZ
~ WMI / WMIH / now "COOP", ... Have Been Financially GREAT' ... Thanks to Judge Walrath', ... the WMI Wells Fargo Trustee, ... CEO Gallagher and KKR' ... distraction ? is a choice' ~
the "wmi-lt" was related to WMI' ... NOT to the WMB notes' ...
goin' for coffee' ... LOL
AZ
~ I'm Not The Only One' ... Maybe The Only One within this small (mb) group' ? ... of "COOP" shareholders ? ... But ? There Were MANY Qualifying Actions That Needed to be Taken, to Be An Actual "QUALIFIED" WMB note Holder' and a recipient of interest earnings ... Qualifiers that Needed To Be Met' in order to begin to receive interest returns from the WMI Wells Fargo Trustee once the "wmi-lt" closed up shop ... ~
to consider that this is all of the (7) WMI participating members ? and All of the Qualifying WMB note Owners' ? ... now That ? ... That' is Hilarious' ... LOL' ... wow'
word swirls and twists' ? ... humorous' ... text misunderstanding's ? ... but ? it doesn't matter does it'
Check Your Release Document' ... W-9 ... I'm good' ... the "COOP" Profit Already Made and Taken ? ... GREAT' ... the WMI Wells Trustee Interest Returns' Distributions' ... SUPER' ... CASH Being Direct Deposited' ... Yeppers' ... Rock & Roll' ...
just sayin' :)
AZ
~ I've Already Dug, and Now Know', the "proofs" in the "COOP" profit already made' ... CEO Gallagher and KKR drew the treasure map' ... for "COOP" ~
... Everything is there within the WMI' "Process" ... I'm good with the WMB Qualified Note Owners; interest returns beginning, and the profit made and now taken from COOP's positive progression, ($5.00pps to $46.00 to $50.00) ...
ADDED;, ... Everyone was told quite a number of times', ... the Cowboy SAID, ... at the end of 2017' ... flowing into early 2018' ...
~ Watch The NewCo' (now COOP) "It Is The "Tell" ~ ...
AZ
~ A Few Financial Positive Gains Have Been Available' Here, ... "COOP" from $5.00pps now to $46.00pps Plus', ... and "Qualified" WMB Note Purchases, now with the "wmi-lt" completed, paying interest back to WMI and its (7) Releasing uq' registered Owners being recognized' ~
a "Qualified" WMB note holder was able to receive' ... more to come' ... (follow the rules, not the m-b's and pr's ... )
... This Is A Long Way From Being Over' ... the Mr Cooper Group is a sub of WMIH', which is a sub of "another" ... ? ... a sub of a sub ... dig' deeper
just sayin' :)
AZ
~ CK, the simplest form to openly review ?, is your own (7) release document submitted … the WMI (7) Release Document, required an “election” as well as a US Residents Social Security Number … “Labeled Required” … there is no mention of the acceptance of a W-8 ~
I believe that was a case of misrepresentation … imo
Believe me, their “swirled” wording caught me as well …
AZ
~ No One Is Asking "Anyone" to Believe' Anything' ... "it (simply) is what it is" ... W-9 Compliant via a Voting Election' submitted' ... There is NO (7) mention of a W-8 ... ~
sorry, but it's true ... these returning funds, their taxation, and their interest earnings won't leave the US of A 's IRS ... by original design'
Have A Nice Day ... AZ = :) ...
AZ
~ ZOOM', That Number Is Irrelevant IMO', and is a Moving Number, ... What Is Important ... IS' ... The Process Is Working and Has Begun' ... ~
Focus on the process, ... In My Opinion, there's been to much concern over the "how much" and the gimmmmeeee's ...
just sayin' :)
AZ
~ Heck, I Released More WMI Common uq's Than That' ... There Were Numerous OTHER Qualifiers that were Necessary ~
One Had To Be', ...
Had to be a Direct Owner of WMB notes' ... (NO 3rd Party Accumulations' ie: fidel- etc. ... a 3rd party bond provider could keep any returns' ...)
Had to be proven An Accredited' Investor
Had to be proven to always have been Finra Compliant
Had to have filed with the "wmi-lt" as a possible class 17 owner' of WMB' notes
Had to be ordered to be vetted' by the "wmi-lt" (rooosssie' directed mine to be done by D')
Had to trust' and then release all personal information ...
Then, all of the verifications and information needed to be sent to the WMI Wells Fargo Property / Indentured Trustee, for future use', ... sent by the "wmi-lt" ... when the "wmi-lt" was finished, and the Interest generation was continued back to WMI (now WMIH) ... AND ... Any Listed Original Releasing Common Share Owner of WMI' at the Reorganization (7) ... mine started being direct deposited last Thursday' ...
AND YES' ... the per-atks', ... ? ... are over the top ... and' ... added: one's W-9 release of information was attached to the voting elections' ... period' ... again', ... PERIOD' ... there was nothing w-8 relevant ... the submitted eventual returns to recipients, would be known by ones broker, and would be kept in the USA, and all taxes paid in proper order ... that just always made sense to me, ...
ADDED: ... and ! ... any of these ? ... the per-atks', ... ? ... are over the top ... get zero' responses ...
AZ
~ Yep' ... One's (7) released WMI common share uq's were used as the relevant counting mechanism, and the dictating of WMI ownership, ... once the WMB notes began to pay interest returns with the "wmi-lt" now closed down ~
I qualified' ...
just sayin' ... :) ...
AZ
~ XOOM', ... LOL ... no brother' ... and' No Disrespect To You, But NO' ... ~
I'm honestly not that complicated !, in my opinion ... I'm simply a sponge for knowledge and followed the ENTIRE PROCESS' very closely ... not any coffeeeee drinking individual ... etc. ...
I generally have tried to always use IMO', or ... in my opinion' ... However, with the receipt of CASH' last Thursday ... ? ... an opinion was not necessary ... the Money Is In My Account' ... a direct deposit from the WMI Wells Fargo Property / Trustee' ... BECAUSE I qualified and Followed the directives that were given to me' ... (yeppers, I spent a couple of bucks' ...)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171178341
I believe my response to ND9 regarding the preferred and their managing sub ? ... was a big deal' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171122997
anyhew' ... :)
AZ