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Newflow, can you share Chris’s Seattle/ WMILT contact number and information please? Thank you.
can You do the math formula for me please? I’m coming up with a different number of shares that was actually distributed and before I take the steps to rectify I need my math formula checked. Thank you and I appreciate any and all help given.
Good morning Board, I know this is old but I’m trying to calculate and check my math.
EXAMPLE:
If a shareholder had 50,000 old WAMUQ shares
1000 WAMPQ shares and 1000 WAMKQ. how many WMIH shares would they receive upon the effective date?
My math is not matching the share number received.
I theorized that yesterday when I read that they are going to be looking for a a Partner to Merge with.
I, Second that opinion. Lol
Yes you have mentioned it once, maybe twice. I think.? Lol
I hope it hits those $70-$80 and higher numbers you have posted up before. Actually I know it will. Let’s speak it to existence. Lol
Good Day and Good Fortune to You!
Stox, Nightdaytrader is better informed than I am. I was just responding to Night’s post. You’re also welcome. Thank you and Good Fortune to you too.
Thank you and Happy Easter to you too.
Night, one of these days WMB is finally going to be on your Termination of Receivership List, but as of today we moved up 9 spot closer to the end. Thank You, Stay Safe and Good Fortune.
LITIGATION TRUST
AND
LIQUIDATION TRUST
TWO DIFFERENT TRUST WERE MENTIONED!
Thank You! I appreciate you responding and sharing.
GM Sportyfelix, I’m not familiar with chat as of yet, but do you mind asking about the plans 6and7 and how it benefits the shareholders? Thank you in advance. Also, thanks for sharing.
ASSIGNMENT for the BENEFIT of CREDITORS.
https://www.americanbar.org/groups/business_law/publications/blt/2015/11/05_kupetz/
ASSIGNMENT FOR THE
BENEFIT OF
CREDITORS.
Jhdf51, my belief is when the “Wind Up” is “Finalized.”
When the assets of WMI Inc, not the assets of WMB are Liquidated and if my theory is right, those ABS/MBS Assets that are Maturing will be coming to Market for another (20) Year Term.(WMMSC May 2003-2023 Pass Through Securities Certificates.) My belief is, that’s what Jay may have been talking about, the Investment Opportunities coming to market. Coupled, with the Higher Interest Rates and Limited amount of Buyers, during the conference call. Again, just my interpretation and opinion in trying to put the pieces together, but it is really complex and confusing. Yet, extremely Interesting. I may interpret this completely wrong, so don’t take my opinion as facts. Nor, am I claiming, that they are Facts.
I don’t want to become the Target at Your Farm. Lol
You’re welcome. Let me paste this. it’s similar in writing to your 3rd paragraph just a few added letters that I believe are key, like Inc. Example: “ Series R Preferred Stock as to dividend rights and rights on liquidation, winding up and dissolution of Washington Mutual, Inc.”
Upon our voluntary or involuntary liquidation, dissolution or winding-up, holders of Series R Preferred Stock will be entitled to receive out of our assets that are legally available for distribution to stockholders, before any distribution is made to holders of our common stock or other junior securities, a liquidating distribution in the amount of $1,000 per share of Series R Preferred Stock plus any declared and unpaid dividends, without accumulation of any undeclared dividends. Distributions will be made pro rata as to the Series R Preferred Stock and any other parity securities and only to
the extent of our assets, if any, that are available after satisfaction of all liabilities to creditors.
Holders of the Series R Preferred Stock will have no voting rights, except with respect to certain fundamental changes in the terms of the Series R Preferred Stock and certain other matters. In addition, if dividends on the Series R Preferred Stock are not paid in full for six dividend periods, whether consecutive or not, the holders of Series R Preferred Stock, acting as a class with any other parity securities having similar voting rights, will have the right to elect two directors to our board. The terms of office of these directors will end when we have paid or set aside for payment full quarterly dividends for four consecutive dividend periods. See “Description of Series R Preferred Stock — Voting Rights.”
The Series R Preferred Stock will rank, with respect to the payment of dividends and distributions upon liquidation, dissolution or winding-up, senior to our common stock, our Series RP Preferred Stock and each other class or series of preferred stock we may issue in the future the terms of which do not expressly provide that it ranks on a parity with or senior to the Series R Preferred Stock as to dividend rights and rights on liquidation, winding-up and dissolution of Washington Mutual, Inc. The Series R Preferred Stock will rank on a parity with our outstanding Series K Preferred Stock and any Series I Preferred Stock, Series J Preferred Stock, Series L Preferred Stock, Series M Preferred Stock and Series N Preferred Stock we may issue in the future and each other class or series of preferred stock we may issue in the future the terms of which expressly provide that such class or series will rank on a parity with the Series R Preferred Stock as to dividend rights and rights on liquidation, winding up and dissolution of WMI INC.
Prelude, here’s a helpful link.
https://www.quantumonline.com/search.cfm
If it ask to post a security. Enter Wampq and or Wamkq in the search bar and press search. (If you press the return key sometimes it states there’s no information regarding that ticker.) Also, research into the other links in this link, it’s very informative, complex and at times confusing.
Good Fortune.
Justice, I’ve mentioned before my belief is that Rushmore and Roosevelt Investments are the pieces of the puzzle that are needed to complete the Union.
Also, Xome has been quietly built up and something of Grand Scale is in amidst of all the Quietness. I won’t say it’s a Secret because Xome has been in discussion since the Merger. Anyway I’m excited for what’s to come with the New Acquisitions.
I wonder if the New Investment Companies are going to help Sponsor the Transfer of Assets regarding the Wind Up? The 20 Year Terms Expire this year.
I too, had a conversation with Doreen, when I was Backpacking in the Utah Mountains. We had wonderful conversations around the campfire. We talked about Multitasking, Exercising Tips, Horseback Riding in the Mountains, walks on the Beach, Our Crazy Families, (Especially our crazy Cousins,) All Natural Wild Berries Granola Bars and Vegan Recipes. Let me add, we joked and laughed, until our cranium hurt and our eyes teared up with so much laughter, I think she admitted to drinking a little too much one night and smoking a joint in College, but not once did we discussed WMI. Then I awoke.
DISCLAIMER: THIS IS NOT TRUE AND IS ALL FICTIONAL.
JUST FOR HUMOR, FUN AND GAMES.
Subconsciously that’s what my ultimate experience with Doreen will be.
I’m sorry for your Loss DarkB4Dawn.
Good words of Encouragement and Great Wisdom. You’re a Good Person.
No, No No. I’m not Insulted at all and I apologize if I made you feel that way. That was not my intentions. That is me just talking out loud, being transparent and not portraying something or someone I’m not. Majority of people talk about their achievements, accomplishments and what they have but never their Faults and what they don’t have. I’m Real. So, I’ll tell you my Faults and what I don’t have, right off the jump. Like that, you know what and who you’re dealing with.
Being here with You and the Others has been a very Educational and Therapeutic Process for me. I would not want to cut communications with you. This Year would be a 15 year Board Relationship. We’re going to talk this out before there’s a Divorce. Lol
And... I’m not too proud to go to Counseling. Lol
Good Day T, I appreciate you more than you know.
Justice, for clarity, When I mentioned Subs of Subs and directing to the Filings. I should have explained that I meant in Physical Form in one way or another and various types of agreements they( the Entities) are there, Separately, but they’re in Agreements. Not the Wording, “Subs of Subs.” together because that would be in Violation of US Government, State, SEC and SRO Rules and Regulations. I Apologize for any confusion I may have caused. It was not intentional.
Thank you for responding. It made me go back to see where I got it wrong and correct myself and clarifying my thoughts and wording.
Thank you T, for the clarity and explanation.
Also, let me add that at times, when I’m writing my thoughts, i tend to bottleneck and I don’t complete the whole sentence or thought because I was already moving to the next. So, for clarity. When I mentioned Subs of Subs and directing to the Filings. I meant in Physical Form in one way or another and various types of agreements they( the Entities) are there Separately. Not the Wording, “Subs of Subs.” together.
That would be in COMPLETE VIOLATION of, U.S. Government and State Rules and Regulations. Not to mention, other SEC and SRO Rules and Regulations.
Adding what you explain as a process of being able to conduct business, this all makes sense.
Sorry I didn’t attend Harvard, Columbia, Yale, MIT or George Mason Universities to be Educated or have a Degree to understand the process right away. Trust me, I would have Loved to attend school, but I was too Busy Working a Business, became a Target and got Distracted trying not to get Killed. I really, really, really tried Pivoting and Circumventing against any and all Obstacles, but there’s one Wall I cannot Hurdle and that is Law. Still, I move forward and manage to have the Series 7 and 63 books in front of me. So I’m piecing this all together with the Filings and then researching it on my own like a Real Life, ”BROKERAGE SUDOKU.”
Thank you for taking the time to Educate me. I really appreciate it.
These are the listed subsidiaries under the current registrants in the last 10K.
Nationstar Holdings
Nationstar Sub1 LLC
Nationstar LLC
Mr Cooper Group Inc. Aka WMI Inc. The Parent
Subsidiaries
Nationstar Mortgage Holdings Inc.
Nationstar Sub1 LLC
Nationstar Mortgage LLC
Subsidiaries of the subsidiaries
XOME, PACIFIC UNION, SETERUS
WHERE IS THE LIE?
Isn’t this the Interpretation? By the way, where is Seterus? It’s not listed on Mr.Cooper Group’s list of Companies.
I’ll look at it again. I usually stay up until I’m crosseyed and head nodding back and forth. Lol
You’re giving me Pre Paid Legal Vibes.Lol
You got to make the wording is not misconstrued. Like an Attorney.
Justice why is the wording so important to you? It may not be termed sub of a sub, but it separates itself from the sub and its subs.
It’s in the 10k (WMI Inc.) (in parentheses,) As the The Guarantor, the Parent, Parent Entities are completely separated from Nationstar and it’s Entities.
It’s In the filings within that filing.
I got it from the 10K.
I know the Nervous Investors are themselves DBA as Foreign Entities.
Anxiously awaiting the ending of the terms of agreements to stay within the boundaries of law. 2003-23 Pass Through Securities. FIFO.
I used the adjectives they used to brainwash the sheep.
It’s not the Bank. It’s the Perpetual Assets that Valuable.
Thank you, you’re so kind, I didn’t take it as a disrespect, but I did misunderstood and I challenge myself to get it right.
I too, speak what pops into my head at times. I too apologize for any confusion I may have caused.
I’ll be more mindful in how I express myself to not offend or disrespect anyone. Thank you,Tze. I appreciate you taking the time and letting me know how you think.
Yes, you are correct. I rescind that statement.
I didn’t mean to put the group.
NATIONSTAR HOLDINGS = MR.COOPER GROUP
NATIONSTAR L.L.C.dba = MR COOPER
Is that right?
Ok, thank you for the correction. Now, I will go back and reread the agreements and get it right.
Fortunately for me I was excellent in Reading and Comprehension.
Also, I took two English clases just so I can get it right.
I believe the Eclipse is Mr. COOPER GROUP INC. Formerly known As WMI Inc.(Parent)
Nationstar Holdings Inc. (The Sub)
Nationstar Mortgage, LLC, which does business as Mr. Cooper (Nationstar) (The Sub’s Sub Love child)
The Love Child born Out of Wedlock is Ecplise.
Everybody is all together again with BIG UNCLES Roosevelt and Rushmore. The PREFERRED Guest of Honors, I believe they are what We’ve Been Waiting For. For Outside Investors. That was Huge!
Such Great News and The Needle Didn’t Move. BAD POKERFACE CALL THEIR BLUFF! You’re not going to draw attention to yourself. Overreact and be Impulsive. Take your time, be Patient and take Little Bites At Time. Be Strategic in Your Moves within the Boundaries of the Rules.
We’re Not the Only People Listening in On the Conference Calls. There’s China, Saudi Arabia, United Kingdom, Scotland Yard, Japan, etc. etc. etc....
WHOLY, HOLY MOLY, THAT IS A LOT OF MONEY.
EXAMPLE: NERVOUS INVESTORS WITHDREW TO SUM OF $16 BILLION IN TEN DAYS.
DOES THAT RING A BELL?
THOSE NERVOUS INVESTORS ARE GOING TO COME BACK. THEY ARE ANXIOUSLY WAITING!
THE TERMS ARE JUST ABOUT UP! WooooHoooo WAMU!
Oh, let me shut up and Never Speak of Thy Name. LOL
Nationstar LLC DBA Mr.Cooper Group
Mr. Cooper Group Inc. WMIH Inc. and It’s Subsidiaries “Differs” from Mr. Cooper Group, which in turn is NationStar and it’s Subsidiaries.
My Interpretation.
I’m not sure, but it’s in writing.
MR. COOPER GROUP INC. PARENT.
NATIONSTAR SUB
MR COOPER SUB OF SUB
Through NationStar L.L.C. the Loans have been getting Sold and Barclay’s have been buying. J P Morgan have been buying.
MORTGAGE LOAN PARTICIPATION PURCHASE AND SALE AGREEMENTS W/21 AMENDMENTS...
HOLY SMOKES, BATMAN!!!
THEYRE PLAYING HOT POTATO W/MORTGAGES AND DIFFERENT L.L.C. ENTITIES.
OOHHH MYYYY GGOOOOOODDDDD, THIS IS HUGE!
I’m going to buy a Good FokN Chair, Bbanbob.
I need to sit my a$$ down. Lol
Wow. I have a lot of reading to do.
The Parent is very much Alive and Acting as Guarantor of Amended agreements.
“Parent” means Mr. Cooper Group Inc., a Delaware corporation and the direct parent company of the Issuer.
“Parent Entity” means any Person that, with respect to another Person, owns 50% or more of the total voting power of the Voting Stock entitled to vote for the election of directors of such other Person having a majority of the aggregate votes on the Board of such other Person. Unless the context otherwise requires, any references to Parent Entity refer to a Parent Entity of the Issuer.
“Parent Guarantor” means a Guarantor that is a Parent Entity of the Issuer, which, for the avoidance of doubt, includes Parent on the Issue Date.
It’s in the filings.
This is like a Real Life Sudoku Puzzle.
It’s in the Filings!
Ooooohhhhh Myyyyy GOOOOOOODDDDDDD!!!!!!!!!!!!!!!
IT’S FOKING HUGE!
I haven’t heard a country song that can relate to this criteria. So, I guess I‘ll singing, “She’ll be coming Around the Mountain, when she comes!”
Strawberry Daiquiri (or any type of cocktail)
Cognac, Brandy or Bourbon (straight, chilled or in a heated sifter glass w/3 Coffee beans.)
MARTINI( Apple or Traditional )
Coffee, Tea and Hors d’oeuvres
Or just plain Spring water.
If you’re tired there’s a Guest Bedroom for you to Rest.
Whatever the case, that’s the greeted Hospitality to selected few.
I talk Sheeit to talk Sheeit. Large percentage is called Creative Writing. Sensationalize what the media do.
The above is 100% Truth.
Have a Great Day, UpTick! If you’re Happy and You Know it, Clap your hands and stomp your feet!
NO JUDGEMENT, GO AHEAD AND DO IT!
NO ONE ELSE CAN SEE!