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What have escrows and WMIH got? That's when I'll get excited. The proof is in the pudding.
Hope you are "right on". However, we are dealing with REALISTIC bad communication history here.
NO REAL evidence of anything REALLY positive for escrows and WHIH. Did I miss something?
One thing obvious to me is that Willingham has a good "gig" going. Would some communication with escrows and WHIH shareholders hurt anything?
Willingham accountability is long overdue. Is some communication too much to ask?
Yes and maybe other possibilities.
It's time to get the escrows and WMIH "Show on the Road".
I hope Willingham would contribute to this media campaign if need be. Didn't he endorse the signing of the releases?
If this turns out to be a fraud, despite releases, a major media campaign can still be orchestrated. It would open a "can of worms".
I want to see in "BLACK and WHITE" what I'm getting for my escrows. That's the only "BLACK and WHITE" that matters to me in this travesty.
Who is our lawyer, who can check into some possible escrows and WMIH slights and lack of communication DESPITE OUR RELEASES? Maybe a "drop dead date" should have been negociated into this deal. I "smell a rat". Hope I'm wrong.
Seriously diamond, tell us why you "have a clue". Believe me, I hope you do.
Where is there an active, current OHI message board?
Where is there an active current DVMT message board?
What's the deal on not updating escrows on anything about what they have, good or bad? Shareholders released in good faith on some leadership encouragement, if I recall. Why the secrecy for all these years? Not a good sign, folks. I hope I am wrong.
I just simply want some "meat and potatoes" answers.
BINGO! Did the releases just give some a great opportunity to disappear from accountability? We sure haven't heard much since.
That is exactly why I asked about the game plan if nothing by the end of 2018. What would it be?
So what's the game plan if nothing more for escrows and no information on escrows by the end of 2018? Oh, believe me I wish we'd been paid by now. But what really alarms me is the lack of meaningful communication pertaining to escrows. ANYTHING!!! I'm not talking about all the documents that are mulled over, redundantly.
Does anybody feel the same way? And back to my question. What alternative do we have since we signed the releases? Does the FDIC not being released help any? If 2018 comes and goes with nothing, including communication to escrows holders as to what the escrows status is? I'm just being real folks. I'm a pre-seizure holder.
Large Green, is Sept. 2018 the absolute "drop dead" date on this?
"I want to see what is basically a whole second case under court seal and redaction. Then one will know the truth of what is coming and what is not. We will know relatively soon at some point how many tens of billions are in store for our BELOVED Escrow Shares."
JPM should be made to kick in a nice chunk to the estate (former WM shareholders, many who were ravaged) for that very reason.
wwhatthe, what is your guess on what figure could, conceivably, remain for escrows? "It’s all of this cash, (about $306 Billion Dollars) that is used to pay off any debt or contractual obligations… including the Preferred Shareholders.
And any money left over… it’s distributed among the common equity holders…"
So these A and M servicing charges are possibly fraudulent ?
What is A and M servicing? Aren't they charging around 2 million a year for servicing something? How does this pertain to escrows?
How did WMIH get on NASDAQ? I never understood how a company with so little substance got on the NASDAQ.
katekir, have you read CBA09's recent posts? Seems very credible to me. Please let me know if you feel CBA09 is a pumper/dreamer.
I have read many encouraging pro-escrows posts over the years, but considering the source, this is probably my favorite. "Ref: CBA09, I'm guessing you have given this some astute consideration. You feel 3 to 4 bucks per escrows share is "Waaay too little". Then, is 6 to 7 bucks per escrows share doable for common?
Comment:
Yes"
Oh yeh, "I want it now". I am a pre-seizure shareholder. How about you?
plenty
That $25 offer "gone down the drain" makes me sad to think about.
zeke, didn't JPM offer to buy WM for around $7 ? Maybe that's "fair and reasonable". I'd be thrilled even after waiting so long.
CBA09, I'm guessing you have given this some astute consideration. You feel 3 to 4 bucks per escrows share is "Waaay too little". Then, is 6 to 7 bucks per escrows share doable for common?
That's encouraging coming from you. Thanks! Care to elaborate a little on why you are so optimistic? By the way, I changed my post to this, "CBA09, are you optimistic that escrows will be rewarded nicely? Nicely, as in 3 to 4 bucks per escrows share or more".
I would really be interested in your response to my "3 to 4 bucks per escrows share or more" query.
CBA09, are you optimistic that escrows will be rewarded nicely? Nicely, as in 3 to 4 bucks per escrows share or more.
I would have liked much more transparency and communication from our leaders. That's been a concern for me, too.
The duration of settling this fiasco has had me suspicious for a long time.
Serious questioned about Rosen. Why was he retained?
ItsMyOption, isn't there another week left in the quarter?
newflow, great question! It needs to be addressed.
ron, I don't have time to read this entire document right now. What I did read seemed encouraging. Please direct me to where it states "Damages, 'willful misconduct' = 3X" has been agreed on or something definitive of that nature.
If this is the case, what does this mean for escrows? Thanks a bunch.
ron you posted, "Damages, 'willful misconduct' = 3X"
Do you feel Susman may be pursuing this. If not, should he? Also, didn't the releases eliminate this possibility?
Does Susman still monitor the handling of escrows interest on behalf of those who released?