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You are missing the point.
ItsMyOption, you make a lot of good points... I just don't know of other WMIH subsidiaries that are registered in Delaware, but have somebody's house, as place of business (i.e., like Paladin). It's very strange and makes me wonder if Paladini is just a new "Charles Smith and friends" business. That is my only point.
ND9
ItsMyOption, I appreciate your thoughts but I still can't believe Paladin Acquisitions Corp, could be a WMIH subsidiary that will be used to funnel billions of dollars to shareholders. Why does it have a RESIDENTIAL street address in North San Antonio (SA) with the same phone number that Charles Smith used at WAMU? Maybe he is just starting a new business out of his home in SA. I don't think WMIH would start a new Delaware registered company and list the place of business as somebody's residence in SA. If Paladin was really a WMIH subsidiary, why didn't they provide a Seattle, Washington address? Still doesn't make sense to me.
Also, below, I provided some links to picture of residential house/property in North San Antonio. Doesn't look like a rich Billionaire/Millionaire neighborhood. Looks like a nice comfortable home with some acreage. A nice place to retire.
JMHO
ND9
Principal Place of Business and Contact Information
Name of Issuer
Paladin Acquisitions Corp
Street Address 1 Street Address 2
31571 SKY BLUE RIDGE
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
FAIR OAKS RANCH TEXAS 78015 206-661-2310
https://www.sec.gov/Archives/edgar/data/0001876566/000187656621000001/xslFormDX01/primary_doc.xml
Links below has pictures of property:
Zillow
5 bd4 ba3,270 sqft
31571 Sky Blue Rdg, Fair Oaks Ranch, TX 78015
Off marketZestimate®: $782,600Rent Zestimate®: $2,714
https://www.zillow.com/homedetails/31571-Sky-Blue-Rdg-Fair-Oaks-Ranch-TX-78015/28654050_zpid/
Trulia
$566,339
Trulia Estimate
as of Apr 10, 2022
Est. Refi. Payment $3,467/mo*
https://www.trulia.com/p/tx/fair-oaks-ranch/31571-sky-blue-rdg-fair-oaks-ranch-tx-78015--2070604685
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
Fed makes hawkish pivot to tame inflation as prices soar
By Megan Henney FOX Business
Expect a 'shallow recession' next year: Thomas Hayes
An economic recession is on the horizon in the U.S. as the Federal Reserve makes an aggressive pivot to cool the hottest inflation in four decades, according to economists at Deutsche Bank.
"We no longer see the Fed achieving a soft landing," Deutsche Bank economists led by Matthew Luzzetti said in the analyst note. "Instead, we anticipate that a more aggressive tightening of monetary policy will push the economy into a recession."
FED RAISES INTEREST RATES FOR FIRST TIME IN 3 YEARS, PROJECTS 6 MORE HIKES AS INFLATION SURGES
The analysis comes as the Fed takes a more hawkish approach to fight inflation, which is at the highest level since 1982. Policymakers raised rates by a quarter-percentage point in March, and have since signaled support for a faster, half-percentage point increase at their May meeting.
Fed chairman Jerome Powell
Jerome Powell, chairman of the U.S. Federal Reserve, testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington on March 3, 2022. (Jonathan Ernst/Reuters/Bloomberg via Getty Images)
Traders are now pricing in more than an 80% chance of a hefty half-point rate jump when policymakers meet next month
"If we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so," Chairman Jerome Powell said recently. "And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well."
Some economists believe the Fed waited too long to confront the burst in inflation, while others have expressed concerns that moving too quickly to stabilize prices risks triggering an economic recession. Hiking interest rates tends to create higher rates on consumer and business loans, which slows the economy by forcing employers to cut back on spending.
Federal Reserve inflation
A man wearing a mask walks past the U.S. Federal Reserve building in Washington on April 29, 2020. (Xinhua/Liu Jie via Getty Images / Getty Images)
The Deutsche Bank economists said that a recession will be unavoidable as the Fed pumps the economic brakes, warning that price stability will only be "achieved through a restrictive monetary policy stance that meaningfully dents demand." They forecast a mild recession that will begin in the final quarter of next year and continue into the first quarter of 2024, with unemployment peaking above 5%.
It is the first major Wall Street firm to predict a downturn in the U.S.
Still, Powell has pushed back against concern that further tightening by the central bank will trigger a recession and has maintained optimism that the Fed can strike a delicate balance between taming inflation without crushing the economy.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
"The probability of a recession in the next year is not particularly elevated," Powell told reporters during the Fed's March meeting, citing the strong labor market, solid payroll growth and strong business and household balance sheets. "All signs are that this is a strong economy, and one that will be able to flourish in the face of less accommodative monetary policy."
The Labor Department reported earlier this month that the consumer price index rose 7.9% in February from the previous year, marking the fastest increase since January 1982, when inflation hit 8.4%. The CPI, which measures a bevy of goods ranging from gasoline to health care, rose 0.8% from January.
https://www.foxbusiness.com/economy/deutsche-bank-us-recession-2023
4/7/2022 - Latest listing - Notice of Termination of Receiverships
Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 04/07/2022
Document Details Information about this document as published in the Federal Register.
Publication Date:
04/07/2022
Agency:
Federal Deposit Insurance Corporation
Notice of Termination of Receiverships
Fund Receivership name City State Termination
10430 Covenant Bank and Trust Rock Spring GA 04/01/2022
10444 Waccamaw Bank Whiteville NC 04/01/2022
10467 Community Bank of the Ozarks Sunrise Beach MO 04/01/2022
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Dated at Washington, DC, on April 1, 2022.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-07331 Filed 4-6-22; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2022/04/07/2022-07331/notice-of-termination-of-receiverships
4/7/2022 - Latest listing - Notice of Termination of Receiverships
Notice of Termination of Receiverships
A Notice by the Federal Deposit Insurance Corporation on 04/07/2022
Document Details Information about this document as published in the Federal Register.
Publication Date:
04/07/2022
Agency:
Federal Deposit Insurance Corporation
Notice of Termination of Receiverships
Fund Receivership name City State Termination
10430 Covenant Bank and Trust Rock Spring GA 04/01/2022
10444 Waccamaw Bank Whiteville NC 04/01/2022
10467 Community Bank of the Ozarks Sunrise Beach MO 04/01/2022
The Receiver has further irrevocably authorized and appointed FDIC-Corporate as its attorney-in-fact to execute and file any and all documents that may be required to be executed by the Receiver which FDIC-Corporate, in its sole discretion, deems necessary, including but not limited to releases, discharges, satisfactions, endorsements, assignments, and deeds. Effective on the termination dates listed above, the Receiverships have been terminated, the Receiver has been discharged, and the Receiverships have ceased to exist as legal entities.
(Authority: 12 U.S.C. 1819)
Dated at Washington, DC, on April 1, 2022.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-07331 Filed 4-6-22; 8:45 am]
BILLING CODE 6714-01-P
https://www.federalregister.gov/documents/2022/04/07/2022-07331/notice-of-termination-of-receiverships
J Bray has been selling stock for several months. He filed a "sell" plan with SEC months ago.
ND9
COOP is going down because they are about to issue more shares for WMIH value... thus, some are selling to take profits, others are shorting, and some know more shares are coming, but they don't know the value of assets being bought.
JMHO
ND9
Maybe they know we are about to be diluted with shares (needed to buy assets).
ND9
There is no accountability. If crooks aren’t arrested real-time,, time passes by and nobody cares about 2008, 2016 election lies, 2020 election crimes. Just water under bridge.. very sad.
Royal Dude, don’t give up. That is what they want you to do. They want people to close their accts and give up..
ND9
Our economy heading towards a recession.
newflow, and WashingtonMutual.com expires 12/16/2022
ND9
***************
washingtonmutual.com
whois information
cache expires in 23 hours, 59 minutes and 59 seconds
Registrar Info
NameMarkMonitor, Inc.
Whois Serverwhois.markmonitor.com
Referral URLhttp://www.markmonitor.com
StatusclientDeleteProhibited (https://www.icann.org/epp#clientDeleteProhibited)
clientTransferProhibited (https://www.icann.org/epp#clientTransferProhibited)
clientUpdateProhibited (https://www.icann.org/epp#clientUpdateProhibited)
Important Dates
Expires On2022-12-16
Registered On1995-12-18
Updated On2020-11-15
Registrant Contact Information:
NameDomain Administrator
OrganizationJPMorgan Chase Bank, National Association
Address880 Powder Mill Road, Mail Suite DE7 - C411
CityWilmington
State / ProvinceDE
Postal Code19803
CountryUS
Phone+1.3022821773
Fax+1.3022821660
Email
Thanks ron_66271 !!!!!!!!
"The Bank owned almost everything." That's definitely not true.
ND9
3/30/2022 Latest listing of Termination of Receiverships
Twenty-four (24) Banks on list posted today but no WAMU. Some banks listed were seized in 2008 and 2009. For some reason, I couldn't get table to cut and paste, thus, below is link and you can see list of banks.
ND9
https://www.federalregister.gov/documents/2022/03/30/2022-06655/notice-to-all-interested-parties-of-intent-to-terminate-receiverships
The oligarchs Offor, "ABC" and Haske battle it out for Addax's remains
The Chinese-owned company has decided to leave Nigeria but local oil magnates are waging a ferocious battle, part of it before the Nigerian Federal High Court, to gain control of its production blocks. [...] (1060 words)
Issue dated 07/03/2022 Reading time 5 minutes
https://www.africaintelligence.com/oil--gas_state-strategy/2022/03/07/the-oligarchs-offor-abc-and-haske-battle-it-out-for-addax-s-remains,109738263-eve
Royal Dude, nice list, thanks. I am a fool too but even more so. I calculate that I have been following this sage for more than 13 years :>)
ND9
Boris, you posted, "The source last week told bop they stand by their info about payout this month or early Apr."
That is just NOT TRUE. She never said there would be a payout this month or early April. She NEVER said that. NEVER.
If you want people to chill, then you need to stop misquoting BOP/CSNY, and then trying to cover up your fiction, with more misleading posts about what she said.
ND9
Zoom, she said more than just she didn’t know Boris.. she also said Boris post was not true.
Boris, I read all of BOP/CSNY posts and she never said there was a payout in late March or early April. That part is 100% not true.
Nd9
It looks like COOP mortgages moving to JPM is normal business.
Read article I posted (I just replied to post with article).
JMHO
ND9
J.P. Morgan Mortgage Trust 2022-LTV1 (US RMBS)
Tue 22 Feb, 2022 - 1:13 PM ET
Fitch Ratings expects to rate the residential mortgage-backed certificates issued by J.P. Morgan Mortgage Trust 2022-LTV1 (JPMMT 2022-LTV1) as indicated above. The certificates are supported by 558 loans with a total balance of approximately $535.2 million as of the cutoff date. The pool consists of prime-quality, high loan to value (LTV) fixed-rate mortgages (FRMs) from various mortgage originators. Servicers in the transaction include United Wholesale Mortgage, LLC, JPMorgan Chase Bank (JPMCB), loanDepot.com. LLC and various others that will provide interim servicing until the April 1, 2022 servicing transfer date. JPMCB will take over the servicing after the servicing transfer date;as such, Fitch considered JPMCB as the servicer for these loans. Nationstar Mortgage LLC (Nationstar) will be the master servicer.
https://www.fitchratings.com/research/structured-finance/jp-morgan-mortgage-trust-2022-ltv1-us-rmbs-22-02-2022
From article, looks like moving some COOP mortgages to JPM Chase is normal business.
J.P. Morgan Mortgage Trust 2022-LTV1 (US RMBS)
Tue 22 Feb, 2022 - 1:13 PM ET
Fitch Ratings expects to rate the residential mortgage-backed certificates issued by J.P. Morgan Mortgage Trust 2022-LTV1 (JPMMT 2022-LTV1) as indicated above. The certificates are supported by 558 loans with a total balance of approximately $535.2 million as of the cutoff date. The pool consists of prime-quality, high loan to value (LTV) fixed-rate mortgages (FRMs) from various mortgage originators. Servicers in the transaction include United Wholesale Mortgage, LLC, JPMorgan Chase Bank (JPMCB), loanDepot.com. LLC and various others that will provide interim servicing until the April 1, 2022 servicing transfer date. JPMCB will take over the servicing after the servicing transfer date;as such, Fitch considered JPMCB as the servicer for these loans. Nationstar Mortgage LLC (Nationstar) will be the master servicer.
https://www.fitchratings.com/research/structured-finance/jp-morgan-mortgage-trust-2022-ltv1-us-rmbs-22-02-2022
ron_66271, was it named that because of Globic Advisors and the type of work they do for trusts, shareholders, institutions, etc?
Thanks
Nd9
Hmmm, but COOP CEO always talks about COOP becoming a $1 Trillion dollar company (or servicing $1T). How does that happen if COOP is moving mortgages to JPM?
ND9
ron_66271, the complaint was signed Sept 2, 2011. I don't know the status.
ND9
ron_66271, yes:
Section 510(b) Claims means any Claim against a Debtor arising from rescission of a purchase or sale of an equity security of the Debtors or an Affiliate of the Debtors for damages arising from the purchase or sale of such an equity security or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.
https://www.lawinsider.com/dictionary/section-510b-claims#:~:text=Section%20510(b)%20Claims%20means%20any%20Claim%20against%20a%20Debtor,under%20section%20502%20of%20the
ron_66271, are you expecting payment soon or maybe an announcement soon leading to May shareholders mtg?
Thanks
Nd9
$1/share of EEENF = market cap of $15B.
AZCowboy, thank you for all your thoughts and all that you do. Now that coop is ~$50/share, I really don’t want to buy any more. There are other better opportunities in market. I just want my escrows paid (cash and coop stock). Hopefully soon.
Nd9
AZCowboy, so are you implying nothing is coming back for preferred? If so, then I ask the same old question as before.. why would underwriters want to be in class 19 if preferred are getting nothing? No way, they know where money is..
Jmho
Nd9
AZCowboy, ~1 month since COOP hit $50. You still think one more month to go?
thanks,
ND9
~ After A Continued Review', A Possibility' ?, and', In My Opinion ?, "COOP"s Common Share "price", Needs To Hit $50.00, and then plus' 60 days', before the WMI Cap Trusts' "Debentures Interest" Withheld, Can Be ? or Will Be "Released" Back To An Original Releasing WMI Common', Now Represented by the DTC Issued ESC Cusip # 939ESC968 ~
Another of the lists largest banks, The Bank of New York Mellon Corporation, saw one of the largest drops on the list, dropping 58 spots from #8 last year to #66 this year with net interest revenue being a major cause, dropping 9% year over year, according to the New York banking giant’s Q3 2021 earnings which were used for this list.
https://www.forbes.com/sites/jasonbisnoff/2022/02/03/americas-best-banks-2022/?sh=130c8db71e8a
Another of the lists largest banks, The Bank of New York Mellon Corporation, saw one of the largest drops on the list, dropping 58 spots from #8 last year to #66 this year with net interest revenue being a major cause, dropping 9% year over year, according to the New York banking giant’s Q3 2021 earnings which were used for this list.
https://www.forbes.com/sites/jasonbisnoff/2022/02/03/americas-best-banks-2022/?sh=130c8db71e8a
A big bank is in trouble, and no one knows which one or why
By Claire Williams
March 10, 2022, 9:00 p.m. EST
WASHINGTON — The Federal Deposit Insurance Corp. likely made a large addition to its problem bank list, experts say, as the agency reported a spike in troubled assets managed by firms in the fourth quarter.
The volume of assets held by banks on the FDIC’s problem bank list — a tally of banks that received poor ratings from regulators — jumped by about $120 billion in the fourth quarter, according to the agency’s fourth- quarter banking profile released last week. That’s more than triple the previous figure of assets under problem banks, and it’s the highest that asset number has been since the third quarter of 2013.
At the same time, the number of banks on that list declined by two, to 44.
********* article continues if you subscribe ******
https://www.americanbanker.com/news/a-big-bank-is-in-trouble-and-no-one-knows-which-one-or-why
Sorry but you have the wrong company.
The problem with EEENF, in my opinion, is the 15B outstanding shares. So if stock price goes up 10 cents, that is already a market cap of $1.5B BILLION.
I am heavily invested in EEENF but also RECON Energy Africa (RECAF). EEENF and RECAF are similar, no debt, small companies, exploration in remote areas, both on land, have drilled a couple of wells and found traces of oil, sitting on potentially, lots of oil....... but in my opinion, the big difference again, is number of outstanding shares. RECON Energy Africa only has ~200M outstanding shares and their price is about $4.50. A year and a half ago, it was like 60 cents.
So was president Kennedy, saying about 60 yrs ago, we would go to the moon..but we did it..