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You know what escrow is getting? Do share!!
That 8 year donut is getting stale..
The biggest zombie around.. WMI
Mere weeks away from the anniversary of closing WMI's BK that took well over a decade.
Did you get bit so long ago?
No stimulus should help housing, no?
Time to trim the portfolio, before the next tweet.
Honest question.
How does a company (WMIH) merge with its own sub?
Anyone can respond. Yet, no one can answer.
lol
What does "releasing" have anything to do with puchasing WMIH from the NASDAQ in 2018?
Again, when were we ever talking about pre WMIH? You laugh, but I never brought up legacy WMI.
What I am trying to clarify is.. As an investor, I purchased shares of WMIH, prior to the aquisition of NationStar. 12 shares or 12,000 shares isn't the issue.
How can that common share ownership in WMIH, now only represent a subsidiary?
That is the question you wont answer.
lol
The discussion lately has muddied the water of what was purchased prior to NationStar. Maybe I'm misunderstanding. How can a share of WMIH in 2018 now only represent a subsidiary?
Why are you here? Belittle honest questions?
Just the subsidiary?
Seems some are implying it disappeared, and I now only own a subsidiary.
I must have missed the answer, so I'll ask again.
What happened to my common share ownership of WMIH that I purchased in 2018.
What do escrows have to do with purchasing common share ownership of WMIH?
Well..touch this question.
I purchased a common share of WMIH on October 1st 2018. The ticker change to COOP on October 10th.
Where did my ownership in WMIH go?
COOP inversing the overall market again. Headed down to 20 or below.
The Federal Reserve's balance sheet hold 2 TRILLION in residential mortgage backed securities.
Socialism for the rich.
Cheap debt
Think about what this investment is. COOP makes money servicing debt.
Debt debt debt. Who cares when or how it will be paid back.
5% down and 2/3 your monthly income now gets you in that 500k neighborhood.
Quite literally down to the 4th quarter for lagacy dreams.
If "COOP" can go the length of 2020 with nary a mention WMI...seem WMI will be a ghost.
Deja vu back to 2008 housing bubble. Cheap money (low rates) fueling the fire now.
Buy the rumor. Sell the news.
Thanks boarddork
How were you issued shares of Mr. Cooper in 2012?
Securities don't just change from company to company. Nationstar was acquired.
Your COOP security is the tradable security for WMIH Corp. (the parent).
Shares of WMI Holding were issued to you though, right?
They haven't disappeared. The ticker just changed.
WMI Holding Corp issued you shares, no?
Not sure where you are getting 2 (or a hidden) parent corps
WMIH Corp (the parent) aka Mr. Cooper Group Inc.
Mr. Cooper (the sub) services loans.
2 separate entities, sharing the ~same name.
Or maybe the fact that US debt has out paced the economy.
Nothing to see here. Just trillions in debt.
This board thinks there is still a WMI?? That will soon be a private company?
I guess when the BK ended, all that's left is conspiracies.
Just think where you would be if you had ignored WMIH the past 12 years.
By 2021, people should move on
Think of all you can achieve the next 8 months if you just drop to zero today.
fewer and fewer posts here each day. it is good to see longs are letting go and moving on.
What' "?" is COOP.."?" tellin' "?" you' today "?"
It "?".. couldn't be..'*' more (?) clear'.."?"
1 maybe 2 lifetimes
Or not. Another prediction blown by.
What else. Qrt 3? 4? 2021?
How long is a lifetime? 12yrs? 25yrs? 50yrs?
You are correct. Your WAMU investment happened once, a lifetime ago.
So, you would be the first person ever to say "HIV is my friend".
I enjoy post such as yours. Gives me something to quote next month, to highlight how clueless the deniers are.
3 months have passed since bk was terminated. What things did you miss out on being here? You are only given so many days.
Is today the day you walk away? Is life more valuable here or somewhere else?
No worries. Don't give up.