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AMEN!!! What is being posted on this message board does not validate what is actually happening some where by somebody. Who's in charge...FDIC...COOP...JPMC...?
It seems that Rosen got the last laugh ..... there is nothing for us. I would like to believe otherwise but there is nothing to show we have $$ coming to us. I think if there was we would have heard something from someone by now. The BK is over and not a peep from anyone.
Thanks in but people on this board has been saying this for years. So why should we believe you? Do you have a document of something that tells us when?
Great question. Wondering the same thing myself.
Hmmmmmm....maybe I'm reading this wrong but it appears that according to the document from FDIC the receivership is closed...there is nothing to disburse.
Maybe AZ can explain since he stated that the FDIC and JPMC continues to dink around.
_________________________________________________________
~ Woody’, Currently Its Because The FDIC Receivership Has Remained Open’ ~
... For whatever reason, the FDIC and JPMC continue to shamelessly dink’, around with this’ ... WMB hasn’t completely been moved to JPMC ... Now that the BK’s are closed, we need to move forward to the specific current position, regarding’ “COOP” as you stated earlier ...
Great points! Wondering the same and I'm sure many others are wondering the same.....12 years is a long time to wait.
Pickstocks, how do you know that there is something going on between FDIC and JPMC?
RD....according to you our wait will be over within a couple of weeks...right?
Have you ever thought that the reason the Big Boys aren't saying or doing anything is because there is no money. It's difficult to believe that all this money that is suppose to be waiting for escrow....the Big Boys aren't doing anything about getting millions to add to their bank account. There is obviously something missing in the many e-mails discussing the where and amount of the money left for escrow.
Large,
Why do you keep posting this? My understanding is what we will receive will NOT come from the LT.
AZ....below is what is stated on Coop's website. WMIH is the parent but renamed to Mr. Cooper Group.
As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.
https://mrcoopergroup.com/
Hmmmmm...don't think you're going to get an answer from anyone who seem to know what is going on. I guess you didn't get the office memo....no money for escrow markers.
Boris,
PLEASE don't say things on the board that is not factual. We have had enough of this with others posting hope and dreams as if they were factual. Have respect for other people's emotions. Thank you.
The bankruptcy has ended. I have come to the conclusion that there is not money for escrow. It's been 12 years people and if there is money we should have heard something by now and we have not. Only those that post on this board about what they think. This information does not put money in my or your account. It's OVER!
AZ.... You have been saying this for soooo long. I think we are all tired and would like to be able to receive something. When???
~ Watch the NewCo “COOP” It Is The “Tell” ~
Stoxjock.. my comments were concerning the so called distribution to escrow not the monies going to the people by way of the passed stimulus package. If others can do something to help people during this time then why can't whoever is holding this up for escrow get things going for us. I do sometime think that the reason nothing has happen so far that there is no money. Of course after 12 years I hope I'm wrong.
I look at the local news and it's refreshing to see businesses and people doing what they can to offset what is happening in this country. A billed passed in Washington to get money in the hands of businesses and people. Now is the time to make a distribution to escrow. There are some people negatively affected by this situation. Are we dealing with people that don't have a heart or is there no money.
tcs5....unfortunately AZ doesn't know. I wish someone had the answer to that question but no one on this board is able to give that answer.
You would think that someone in Washington would have figured that out already. Is the SEC asleep at the wheel?
Yeah...it would be nice. Not sure what is holding things up that is if there is something for escrow. I'm beginning to doubt. It shouldn't take this long for things to start flowing since this has been going on for 11+years. The preparation for this event should have been working in the pipeline long ago and ready to go when the bankruptcy ended. My opinion only.
Large Green...this was posted by Stockssss...on 1/23/2020. How long is it going to take for them to process. According to the TA reply the shares are being processed for distribution to certain shareholders.
It's been over a month. I now question Stockssss message. Did he make it up? Anyone else with an E*Trade account have the same message?
TA: Response: Sir, yes we sent the Alert to the brokers as part of the final Litigation Trust payment. This “Alert” was directed by Mr. Cooper. Also, I can confirm shares are being processed. I cannot give you a date, but they are being processed for distribution to certain shareholders.
I'm done. I have 11,000 shares and as soon as it goes back to $14.00 I'm out. I've been here for years waiting and nothing is going on here. Other stocks are doing very well in this market and this POS does nothing. The CEO don't cares he's getting millions each year for doing whatever it is he does. Good Luck to you all.
One other thing....I don't understand why COOP based on how well the stock market has performed is not higher than what it is. I would like to be able to recoup my investment. I'm still in the red....
Question for whoever can answer.....
What is the next event that will happen that will put us closer to the dollars?
Well all I can is I'm very jealous that you received money. I wish/hope/pray that we hear something very soon on what the remaining escrows could possibly receive very soon. Eleven plus years is a very long time to wait for anything.
I am happy you received a check and such a large amount.
mg
YES...11+ years is enough!!!
Insider trading act of Congress....
291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees.
The stock marketing is reaching all time highs. I don't understand why COOP is not benefiting from this rise. I think the stock should be in the 30 dollar range. This is sickening. AZ said that COOP is the tell...is this it!
mad4 understand. I'm in the same boat.
"U"...
My Schwab account is showing the number below for "Q"'s.
939ESC968
lodas,
I don't know the answer to that. I do know that they have more facts than what is being posted on the message board. This board is full of speculation and assumption. Based on the facts they know they have/are taking actions to make sure they don't lose anything but gain....even at our expense. On this board we are so divided in our speculation of what is going to happen. It reminds me of the biblical store of "Tower of Babel" when the people were speaking the same language and nothing could stop them from achieving whatever they imagine. They start building a tower to Heaven and God seeing this confounds their speech so they could no longer understand each other, and scatters them around the world. We are all in the same boat but can't seem to come to what really, really is going to take place. Date after date after date and nothing. I have been here before the bankruptcy and it's been the same every year for 11+. Nothing has changed except for now the BK is closed...finally. Money? Rosen said no money from LT. Others on the board say the money comes from outside of the LT. Well how much and where is the documentation that says when and how much. Again, hope and speculation.
Sorry for the long response....It's been a crueling 11+ years watching and waiting.
Kinda make you feel stupid for having investing in this. The stock market is booming and we own a stock that can't get back to $18.00. We are running out of time folks. This market is bound to go down and we are holding a dud.
Dmceng4,
Unfortunately with all these messages and the talk of $$$$ nobody can answer that question. This to me is the sadness that surrounds this Message Board. I do wish someone can say when...we have been waiting 11+ years and any talk of dates beyond February is crazy. The people controlling the money has had years to organize and prepare for this time.
With Rosen delaying tactics they have had more than enough time so press the button and let the money flow now. My opinion only.
Royal Dude....This is Bank of America. What does this have to do with WMIH?
I agree. I think of this insanity everyday. I pray that it will be worth it in the end. I hope so...
Zalviny "Quote"....
Class 22 won't get paid. You can kiss that and say good bye! Only Class 19 will be paid in full + bonus + interest, something like $2500 for each P.
Zalviny,
Where is the proof please. thanks
I agree with you. If the money is coming from outside of the LT then they have had years to get everything setup and ready to distribute immediately.
It's ridiculous to think that we have to continue to wait weeks or months more. We have already been waiting 11 years.
Large Green,
I don't think many people read your messages. They are just too long. WHy don't you try netting it out. thanks
AZ....now that the cases are closed what is the next event to take place to show us that things are moving in the right direction?