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~ Good Morning XOOM', (Yes', answering XOOM) ... Regarding "COOP" ? I'm substantially more relaxed about all of it', this WMIH / COOP deal these days, ... Yep ever since COOP' rose up into the $50.00 (ish) pps share range, and after ol' cactus had added' WMIH / COOP quite heavily in the single digits pps, ... it was those years 2018 to my profit pull ... that I was concerned' ... WaMu ? the first time ? ... "shame on them" ... then, WMIH / COOP ? that second very heavy purchasing risk ? would have been "shame on me" ... Thankfully ! ! ! ... things worked out and ol' cactus pulled out profits, which covered the original WaMu losses' (it was a lot') ... yay' ... ~
Now a days ?, I just cruise along and wait for what's to come like everyone else, ... with all of my WMI Holding Company Reorganizations releases intact (properly released' uq's and yes, more than willy had, and the P's and K's), ... currently a nominal amount of COOP' still owned... the WMB Directly Owned Bonds, and those beautiful CT's of course' ... ol' cactus placed as many irons in the fire as could be placed' ... LOL ...
Regarding your question ? ... Yes' I believe these most recent thoughts, would be a way to address many forward moving issues' ... and don't forget that I firmly believe that the original released P's, and their releasing owners' ... are still the recipients of the continued Preferred Managing Sub' ... and its current contents ...
that 2018' acquired sub grouping ? ... doesn't get our stuff' ... unless ? something is done' ...
anyhew'
just sayin'
AZ
~ AGAIN', MY Response on this here COOP forum, Was To XOOM' ... why do sum here ? always think they are being responded to ?, when they are NOT EVER considered' Relevant by ol' cactus; ? LOL' ~
... yeeesh' ... SMH, and LOL' ...
just sayin'
AZ
~ Hmm', I Could See How the 2018' Acquired' sub grouping' ... "COOP" ... would need to offer some sort of financial recovery to the "Original Releasing Owners" of the actual WMI Holding Company's 2012 Reorganization' ... ~
To Me ?, This concept actually makes the most sense out of all of the ... "cock-a-mamey" ... hundreds of billions' coming back and any chapter 11 reorganization for the WMI Holding Company being allowed to reorganize with billions of dollars in retained earnings allowed to be listed, NOT' ... my opinion of course'
some thought went into this ... nice work' ... it would be nice to end all of this' ... this could work
oh, and just for continuity, ... the GSA was settled between WMI and the FDIC' pre reorg' ... and the Dual Track in Judge Collyers Court settled with "Globic" post reorg ...
Oh and added: ... LOL' I threw my calculator out a few years ago' LOL ... I'll let a few of you others consider the numbers' ... LOL ... I'll be just fine with any ending and final result' ... as stated, I've already pulled out my WaMu costs from the COOP' profit train, rolling up from the single digits into the $50.00 pps share ... with enough COOP shares still left to pay attention ! ! (pun intended LOL)
have a nice day people'
just sayin'
AZ
~ Thank You for your response ! ! ... That's Great' Information ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174051880
just sayin'
AZ
~ Good Morning, ... Aligned with COOP the 2018 acquired' servicing sub grouping, This Morning, and once again, (ol' cactus), As a Rule Following Direct WMB Bond Owner', The WMB Notes Have Been Updated Over Night in my accounts, to verify their continued servicing by an operational Subsidiary of (XXXX) ! ! ~
Great Work Boris' ... I also believe that this entire process is coming to a head ... and Thanks John' for that observation ! !
Oh, and just for continuity ?, ... The GSA was agreed upon between WMI and the FDIC. ... JPMC, as an allowed intervenor if it became necessary, never needed to take any interruptive actions' ...
"Judge Collyers" DC Dual Track, was settled MANY, MANY, Years Later, after the 2012 Reorganization, and well after the GSA agreements ... (Globic) the settlement can be researched and reviewed under the "GLOBIC" settlement ... there are also some very cool' connected cusips listed within those Globic settlement documents ... :) :) ...
"Abba Da Ayy" ... :)
just sayin'
AZ
~ CottonBall', Yes I See (and great work !), However, How can a current LBHI CT Owner Be Assured That The UK's 8% accrual rate is ALSO applicable to LBHI Class 10B, and beyond the ECAPs UK Ruling ? ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174047582
~ Keep Up The Good Work, You Make Me Proud of You ! ! ~
the Proof and the original Chapter 11 Docket Filings, have now all come together within an elaborate initiated process' ...
the continuing of the WMB Bonds to function, ... The continuation of the WMI / WMIH Preferred Managing Sub, ... the Separated Capital Trust', etc ... and the need for the Reorganized Washington Mutual Holding Company, to eventually "Acquire" a loan servicing mechanism ... obviously now, NationStar and its Sub group "Acquired" back in 2018' ...
Have A Great Day
just sayin'
AZ
~ John, (Yes, answering John) ... So, now with COOP as an acquired loan servicing sub grouping (in 2018), the FDIC can and will be able to complete the seized WMB's sale to JPMC. WMI's producing sub's were intertwined with producing Trusts embedded within WMB. (the WMB Bonds, reveal the process) ... ~
early on in the Chpt 11 (Oct 2008), M Goldstein and B Rosen filed to include the WMI' (separate) producing subs into the WMI Holding Company's BK (Filed as Docket # xxxx) ... Judge Walrath "denied" that motion, and specified that those Subs would continue to function, separated from the WMI Holding Company's Chapter 11 filing and eventual reorganization in 2012' ...
... I believe that M Willingham and his financial backer, Venerable, also saw this happening back in 2008' at the same time that ol' cactus did ! ! ... (he' approached Joyce to be able to represent equity') ... now due to the Judges actions, the subs have continued to function throughout' ... pre and post WMI's BK ... now with the acquired sub grouping NationStar as the servicer, reporting as a corporate registrant only' ... NationStar Mortgage LLC being reported by an SEC allowed registrant for the entire corporate structure is hilarious LOL ...
the Preferred Managing Sub, cash in and cash out ... also PROVES this' as its SEC trackable pre and post BK submissions ... as a sub of WMI and then of WMIH ...
the specifically settled GSA was between WMI and the FDIC only', (JPM was allowed to be an intervenor only', but never needed to take any action) ... is the rest of the proof is revealed in Docket # xxxx as well as docket # xxxx ...
just sayin'
AZ
~ the mr cooper group', "COOP" as an acquired sub group and, a corporate allowed SEC "registrant" ... submits its SEC submissions' that are VERY, VERY, VERY' Carefully Prepared ~
"chess players" ... understand the language' ... LOL ... thanks DB4D ! ! ... well said' (they're simply misunderstood LOL')
just sayin'
AZ
~ hmmmm, another irrelevant interruption ? (SMH) ... COOP's NationStar's Mortgage LLC being reported as the only operational Sub ?, is hilarious ! ! ~
as well as the irrelevant interruption's LOL'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174029785
the statement / question was specifically presented ! ! ...
just sayin'
AZ
~ John, Correct and I Agree ! ! ... the mr cooper group / COOP, as an SEC allowed corporate "registrant" ONLY', ... reports only ONE' operational Sub, NationStar Mortgage LLC ~
and obviously, ... NationStar Mortgage LLC' was merely a "Loan" servicing sub' "ACQUIRED" as part of the acquisition of the NationStar group in 2018 ... AND' continues on as merely a "Loan" servicing sub ...
... NOW ?' ... the mr cooper group / COOP, maintains its position in the corporate structure of (XXXX) as merely an acquired subsidiary group' ...
Trading symbol WMIH / COOP allowed for a money making project ... as it rose from the single digits to the current pps' ... (the Gallagher / KKR ride) ... thanks' for giving the opportunity to recover initial losses' ...
it's the Big Dog (XXXX) and it's sub WMIH ... that is now relevant ! ! ... I'm very pleased that I acquired WMB Bonds, ... and properly released P's, K's, (?, hopeful, but not sure). and the WMI Holding Company common share uq's, in the WMI Plan of Reorganization ... (CT's as well of course) ... ALL purchased according to the given' guidelines' ...
just sayin'
AZ
~ NO' ... the announced April Distribution is "NOT" You ... 10b' comes after, the process moves forward ~
just sayin'
AZ
~ Hi Woody, Deutche Bank Has Now Set The Documented' Precedent' ... It's ALL Good ~
just sayin' :)
AZ
~ "NO" ... the Selling of a lot of my COOP (not all). in the $50's Was My Own Decision To Secure ALL of the WaMu Losses endured over the years ... the COOP profit was taken OUT of COOP, enjoyed and now secured in other area's ... thankfully' ~
in my opinion of course' ... a lot more of the large recovery's are still to come to the WMB Bond Direct Owners, the releasing WMI P' owners and the releasing WMI common share owners wamuq' ... I'm good with my choices to add a lot' in the single digits', and then to remove the COOP' profit and well ? just everything ! ... (my COOP holdings, are now small potatoes to me; LOL)
just sayin'
AZ
~ Hi John, I view COOP to the literal, as merely an acquired sub grouping of WMIH, (a servicer) ... which is a sub grouping of (XXXX) ~
... COOP' was the "Tell", able to allow for a Gallagher / KKR ride up from the single digits to the current pps' over about four years' ... in my opinion ? ... the COOP' shares out' against the market cap, are not impressive' ... my opinion ... I've sold much of my COOP holdings NOT ALL, for the removal of profit a while ago now ...
things have been relentless and purposely twisted ... doesn't matter to the "unmovable" releasing' old timers and the WMB Bond Direct Owners'
Have A Nice Day ol' friend :)
just sayin' ...
AZ
~ COOP ? ... yeah whatever', ... ND9', You're More Than Welcome Old Friend' ... ! ! ... ~
have a great day ... yes, the process has been and is very slow, but the wheels continue to move ... now Boris is on deck with the FDIC and the Libor issues' ... "Hello Boris" ...
THANKS To "ALL" of the well-intentioned participants that have stayed upright and strong' ... (and supportive) THANK YOU
just sayin' :)
AZ
~ NOT' COOP' ... COOP Is merely An acquired subsidiary grouping, simply being SEC Allowed to be used as a "Registrant' ... However, Yes, It's Happening ! !, the Beginning Recovery's to the 2012' The original "Releasing" Participants' in WMI's Reorganization, and now the WMIH's Owners, as well as the WMB Bond Owners' (those Bond Owners that followed the rules anyway ! ! ) ~
Deutche Bank's "Globic" ... Settlement was the, now settled, Dual Track in Judge Collyers Court' ... Deutche Bank Settled for an 11.9% Loss Ratio' ... ! ! ... The WMB Bond Cusips were listed' ...
~ U'r Both Getting Warm ! ! ... But ? Not Yet There ... and the answers are NOT HERE ! ~
~ You're Welcome John, ... The WMI to the WMIH Preferred Managing Sub was functioning and active prior to the WMI Chapter 11 Submission, and then Functional after the WMI Reorganization ... then, that Sub became the "WMIH" Preferred Managing Sub', which was used to Pay KKR's 3% $18,000.00 quarterly coupon, as well as the pay off of the Run-Off Notes Early ... Cash In / Cash Out ~
This Functioning WMIH Preferred Managing Sub, is not connected to the NationStar acquisition ... it is completely separate' ... AND' is financially aligned with the original WMI releasing P's ...
COOP' IS NOT (XXXX) ... that ? is merely a trading symbol associated with the NationStar acquisition from back in 2018', .... currently being allowed to be used by the SEC as a "registrant" ...
In my opinion there will be three at a minimum ... the WMI released P's, ... the released WMI commons "uq's" (WMCT & other producing Subs not' BK considered) ... and the CT's of course ...
just sayin'
AZ
~ Yes John, I Do Have Thoughts and Continued Confidence ! ... I Hope You Are Doing Well ~
... All' ... Are Connected ... it's all happening in proper order'
and, just in case there are any (naysayer) questions ? ... LOL'
https://www.pwc.co.uk/services/business-restructuring/administrations/non-lbie-companies/lbh-plc-in-administration/dividends-to-creditors.html
just sayin'
AZ
~ John, Currently by the SEC allowed usage of a "Registrant" (NationStar, COOP, or whatever the current name being used is ?) ... (XXXX) Does NOT Need To Report any of the Producing Sub's or their accounting ... (XXXX) can legally stay in the background', ... But Only For Awhile Longer ~
I'm expecting a financial recovery for my original released P's, as well as my originally released common share ownership of the actual ORIGINAL' WMI Holding Company' ... now reorganized of course ...
just sayin'
AZ
~ Good Morning John, and Thank You', as well as to Those That Continue to be Helpful ... and Accurate' ... ~
Washington Mutual Inc's "Holding Company's", Financially Producing Subsidiaries, were NEVER allowed to be considered by the Court within the "Holding Company's" filing for Reorganization. The amounts earmarked to pay the creditors came from WMI's deposit funds held in WMB, and tax benefits. All calculated very carefully ...
Placed upon the Docket and signed off on by Judge Walrath, was a DENIAL of Masha G' and Brian' R's submission to drag the WMI Producing Subs into the Chapter 11 submission as well ... This was an attempt to control the funds that continued to be produced. ... This all happened Very Early in October of 2008' ... Again, this was thankfully DENIED by Judge Walrath ...
... So, I began to follow the SEC Separately Listed ... "Preferred Managing Sub" as well as the "Capital Trust" ... plus a few other WMI Subs of course, ... (I believe that you are following my thoughts) ...
The WMI Preferred Managing Sub, is and has been trackable on the SEC site' ... money inbound and money outbound able to be used ... what lit' me up regarding my own released P's ? were the initial listing of the WMI Preferred Managing Sub, Pre-BK, and then after the WMI reorganization, into the "WMIH Preferred Managing Sub" ... then ? as time moved forward, that sub's accounting showed the quarterly 3% KKR Cash Coupon, that was being paid to KKR, as well as the available amounts of cash held, that were used to Pay-Off the Run-Off Notes EARLY ...
The Preferred Managing Sub, ... Has Never Been Liquidated or Removed ... It Is My Strong Opinion that it continues functioning thru to today ... ownership of the "Original Preffered Managing Sub, IS Maintained by (XXXX) ... period ... NOT BY COOP' (NationStar) or, whatever they are calling the SEC Allowed "Registrant" These Days ...
=================================
Quickly, and for the 100th time ... DIRECT Ownership of the WMB Notes (WMB Bonds) NEEDED to be purchased and owned as a Direct Purchaser ... Finra Compliant, Vetted, and an Accredited Investor ... third party purchases are NOT THE SAME and I couldn't care less if someone doesn't understand this. ... no bs'
just sayin' :)
AZ
~ XOOM Use caution', ... Keep the seized WMB and, WMI now Reorganized as Separate Considerations' ... ~
just sayin'
AZ
~ Yes and Good Morning, Original 2012' Releases to Participate in Washington Mutual Inc.'s Reorganization, "The Holding Company Only" with an Individuals W-9 "Attached" ... Submitted To One's Individual Broker' (Brokerage) ... Was a Distinct Requirement ... Hopefully those that ACTUALLY Participated and Released ! ! can easily still review their own copy's and have secured those documents ... ~
Originally Released Washington Mutual Holding Company ... common shares, wamuq, or class 22's ... call them what you will, ... Continue to own their Original Participation in the Reorganization, of the Holding Company ! !
Originally Released Washington Mutual Holding Company Equity Preferred ... Preferred Bonds, wampq, or class 19's ... call them what you will ... Continue to own their Original Participation in the Reorganization, of the Holding Company by way of the "Preferred Managing Sub" ... which was separate from the Holding Company.
All Great News John', and a special hello to JB, Sam, ND9, Iprelude, bumpkin, Just, Walter, ND9 etc., and I hope I remembered everyone ...
Define to the Washington Mutual Holding Company "only" as the Court did, and everything simply makes sense ! !
just sayin'
AZ
~ The WMB Notes are Self Sustaining, so the claim showing on the FDIC site is and becomes irrelevant once the Completion of WMB’s Final move to JPMC Is Completed ~
They, the WMB Notes, are and have been serviced by an Investment Bank Owned by JPMC … and Yes as a Direct Owner, I look at these facts daily in my own personal account … the cusips for the WMB Notes are alive, well, and functioning …
NationStar and its subs were acquired in 2018’ and continue to be an acquired’ Subsidiary Group, being used as an SEC allowed “Registrant” being called “COOP”
For those of us that originally released and submitted a W-9 through our individual brokerage, … (not the wmi-lt) … all will be fine and will provide …
Hi Boris’ …
just sayin’
AZ
~ Here', Here', ! ! ... I'll Second That' Thought', TooGood, Swiss, Slim and Others "Thank You" All' ~
~ SMH, says the one with >35,000 posts, ... there's multiples of trash here' ~
nationstar / COOP was an ACQUIRED Subsidiary Group' ... by WMIH and XXXX
just sayin'
AZ
~ XOOM, "porkchoopranch"... -ie:bp" Is From "Texas" Also ... As a "Direct WMB Note Owner", residing in the State of Arizona, I Just Posted What Showed Up Is All ~
~ IT IS NOT ZERO' ... That ? Is Actually Impossible ~
ZERO, recovery is Impossible for an original participant that released to be a part of the WMI Holding Company's reorganization ... as well as ... a WMB Note Direct Owner' residing in the appropriated states' as is now listed ...
... a hero designation should be ? referred to as one that has been involved with an act of heroism' ! ! ... Not This
AZ
~ LOL' ... Wrong Again ! ... I only use my own money' ... Win or Lose' my choice ~
AZ
~ Nope' ol cactus IS NOT Anyone's Savior ... just an investor' ... The Good Stuff is shared privately to the Good' LOL ~
just sayin'
AZ
~ Here's MY OWN WMI / WMIH / COOP Baseline', ... There Are No Retained Earnings kept from the original WMI Reorganization, it's being misread' ... the WMI-LT has completed EVERYTHING', ... it's 8-k's and pr's are now meaningless ... WMB Notes' have continued to be functional and are active and being serviced' ... the Preferred Managing Sub (P's accounting, cash in cash out) continues and has never been dissolved, ... NationStar or COOP, was an acquired subsidiary grouping ... (XXXX) is STILL in charge of everything' ~
... riding WMIH to COOP pps up from the single digits pps, was a very good profit opportunity' ...
Oh and ADDED, ... my business, now sold 2020 ... produced many financial instruments for many people in three states' ...
just sayin'
AZ
~ Nope', Simply MORE False Guessing LOL' ... I own the reorganized WMI Holding Company Released P's, K's, and common uq's ... PLUS WMB Notes and a whole lot of other stuff' LOL ~
... I simply changed a few opinions, after the WMI-LT completely closed down' ... AND' ... all I ever say is that "IN MY OPINION" I Can Not Find any supporting evidence for an original "K" security ... making stuff up ? isn't cool ...
The WMI to WMIH SEC verifiable "Preferred Managing Sub", which ... Shows Cash in and Cash out accounting, verifies a P' ... common share ownership of the Holding Company can also be tracked' ...
AZ
~ None Of This WMB Note Information I Released' Yesterday Was Personal ... I Like to (Try And ! !) Know Things and Mistakenly, I Thought others Would As Well ... guess not' LOL ... no surprises there LOL' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173643900
~ And Once Again, Now ? ALL, Brought Back ! ! LOL' ... COOP Related LOL ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173641377
~ "NOTIFIED" re: WMB Notes' ... ol' cactus' notified as a "Direct Owner" ... applicable to ALL WMB Note Cusips ~
~ XOOM', Nope I Don't Know, amidst all of the basher/poster/spammers' ... the information gets messed up on purpose ~
AZ
~ Yep, I did that very same thing as well. I paced along with Willing's common uq ownership plus bought a few more' ... and then toward the end, I did what you did, diversified and hedged with purchases of additional P's and K's, never touched the uq's ~
also something that' was not ever revealed or spoken of, ... but southad' was also hittin' the uq's hard for self, friends, and family ... but shhhhhh' ... that was all private talking stuff'
just sayin'
AZ
~ Yep, I remember Mike, ... That's All that I'm seeing so far, ... In My Opinion ?, Ohio and Arizona residents, are not listed so they are fine' ... All of Mine still show fine as well ~
just sayin'
AZ
~ Daang Woody', ... My Thoughts' just went back to many years ago of a Sunday afternoon conversation I had with Bop' regarding my WMB note research' and Direct Owner Purchases' ... Bop thought my research was sound, and was going to acquire the following Monday, ... However, the opposite occurred for her stance on BP' ... Now ?, I wonder, was it possible that Bop knew that a New York resident would be excluded ? ~
an interesting chain of events on numerous issues around here for sure'
just sayin'
AZ
~ "NOTIFIED" re: WMB Notes' ... ol' cactus' notified as a "Direct Owner" ... applicable to ALL WMB Note Cusips ~