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~ Whether "COOP", WMB Bonds, or Original WMI Holding Company, "Ownership" ... this is a "TOXIC" Area' ... ~
... I own it all and have already recovered all original costs and a very' large profit return' ... continuing is actually a waste of time' ... good luck with the "gothcha's" ... filthy pm's, ... and sloppy and poorly researched material' ...
... the party has already started for WMB Bond "Direct Owners" ... the rest of actual reality' is coming', however ... "NO' 75/25, ... NO' Secret DSTs, ... and, NO' Ridiculous Sums' ...
AZ
~ Nope, Those ratio's of Division were merely specific to the now completed "wmi-lt" ... ~
I'm turning the page, ... the information attacks come from many' ... right ? ... I can wait' I could afford to be here' way back in the beginning days' ... more will be better' ...
with 40k, out, I guess this is u'r private arena, ... it's not ... talking to "u" is a waste of my time, ... or, is that waist' ? ... LOL' ... I D C about either'
just sayin'
AZ
~ SHEEEET' ?, That Was Ol' cactus being Nice' (LOL) ... I Thought You've Said', COOP' Won't Sell XOME' ... I Posted That COOP' "CAN'T" Sell Xome ... Not Without (XXXX) Permission' ~
thought I was quoting your position' correctly ... and agreeing with the basic premise' is all ... NBD'
I just posted the answer to this
~ I Can't Herb !, ... "the information was not ever to be revealed to the public" ... in the document' period' ... I'm not planning on going to the SDNY at any time' soon ... The Relevant POINT Is, ... YOU and (me) Released To Own the WMI Holding Company back in 2012' ... THEN', THEN, THEN, The Original Sub came into existence' ... Then, again later on, NationStar' and its own subsidiary group, were then acquired in July of 2018' as a necessary servicer' ~
Have A Great Day Herb' ... it's coming to a head ... Releasing Owners' ? ... OWN THE BIG DOG'
as ol' cactus has said, ... I dug in like a tic on a mule deer' ... got to know people that knew' is all ...
just sayin'
AZ
~ BUMP', "LINKED", So Anyone That Properly "Released" To OWN The Original WMI Holding Company' ... IS GOLDEN' (IMO) ~
Good Stuff Here, (getting pushed off the main page')
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172684844
COOP' is merely an acquired sub of a sub of (XXXX) ... using slick SEC filing allowances to be able to simply be used as a "registrant"
the proof is out there, all one needs to do is L@@K' ... Abba Da Ayy' well, to almost everyone' LOL
just sayin' :)
AZ
~ Where's BBanB ?, ... So I Got Curious After The Persistency Regarding "COOP" WON'T Sell XOME', ... So, as ol' cactus does, I Dug A Bit Deeper And Concluded That COOP' CAN'T Sell Xome (in my opinion of course) ~
XOME' Is An ... indirect wholly-owned subsidiary of Mr. Cooper Group Inc ... as stated'
https://dsnews.com/news/08-23-2023/xome-plunk-ai-powered-tools
"Dallas, Texas-based Xome, indirect wholly-owned subsidiary of Mr. Cooper Group Inc., has announced a partnership with Plunk, an AI-powered analytics platform for residential real estate, to offer property investors AI-driven home remodel analysis".
the devil's always in the wording' ... focus on the word' ... "indirect"
"The significant factor in determining whether a subsidiary of a company is an indirect subsidiary is that, while the parent company does not have complete control over the subsidiary (as in the case of a wholly owned/direct subsidiary), it does have enough interest in the company to affect the operation of the subsidiary."
and this,
"An indirect subsidiary definition explains the relationship that exists between a parent company and its subsidiaries when the subsidiary is not a wholly owned subsidiary."
XOME' ... is an indirect sub' ...
So, ... COOP ... CAN'T Sell Xome without the permission of (XXXX) ... XOME Is Also Not Able To Be Listed on the SEC Allowed "registrant" the mr cooper group's 10-K ...
So, As Posted'
the mr cooper group, COOP', is an acquired subsidiary group by WMIH, which remains as a sub of (XXXX)
So, bbbob. ... appreciate you peaking my curiosity, even though we' don't get along (LOL)
When NationStar was acquired back in July of 2018', ... AS A SUBSIDIARY GROUP, ... XOME Came With' ...
Abba Da Ayy', ... well, to almost everyone' LOL :)
just sayin'
AZ
~ "Blame" ? is 100% irrelevant' ... "Being Upset" ? Is A Waste of One's Time' ~
~ Tony' ... The Avenger' Lady "shown" Would Be More My Type' ... Seriously ! ~
those from ... ? ... 3rd world' wouldn't recognize her' ... But I Do and WOWEE WOW WOW :) ...
Abba Da Ayy' ... :)
just sayin'
AZ
~ Nope', Sorry RD But ZERO To Do With ANY PORTION of the Relevant' Process' ... ~
same answer'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172655764
~ BUMPED' ... LOL & SMH' ... Well' Mostly LOL' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172622433
~ AND ADDED; The USA's SEC Allowances, Allow For The "Entire Corporation" To Utilize a mere "Subsidiary Group", ... renamed as the "the mr cooper group" as a "Registrant" for a mere financial portion of the Entire Corporation while the FDIC completes its business ~
... Cash Profits have Obviously been available to ALL' as "WMIH / COOP has grown from the single digits to its current pps' ... 2018 and forward' ... After extensive research, I CHOSE' to "Participate" heavily throughout', and in Feb 2022' chose to remove a substantial profit base, covering all WaMu costs and a large profit earned' ... "~ Watch The Newco, It Was The Tell ~" ... remember' ?
Everyone That Released appropriately, is still documented' ... and the REIT status of all interest generation will be honored' ... 90% of all earnings are to be returned to the shareholders' ...
just sayin'
AZ
~ EXOSTATIC, You Are Quite Welcome' and Thank You ~
... Only The WMI Holding Company was a point of concern, aligned with its filing for Chapter 11 Protection' ... Docket # 0002' ... and held to be specific and disciplined by the Judge !
The WMI Holding Company's Functionality and Income' ... Were Held in its Subs' ... Subs that received income' from ABS-Certs / TRUSTS' ...
once one removes any considerations aligned with the now completed Holding Company's Liquidation Trust as ordered by the Court's Approved Plan (7) ... the wmi-lt ... the Segregation of Assets and Cash becomes clear as the nose on your face' ... no 75/25, no secret DST', no overthetop numbers' ...
merely a divisible of the interest earnings, that will follow the REIT' guidelines ...
There have been numerous documented references to the continuation of the "Assets and the Cash" ... the most recent was in 2018' ... as well as the SEC documented "Preferred Managing Sub" ... "Cash In and Cash Out" ... always a point of contention and refute since it was ignored' by you know who' ...
Segregate the participants as well as the issues, ... Gallagher and KKR' set everything up' beginning basically in 2014' ...
just sayin' ... Thanks Again
AZ
~ Fred, The Most Recent Time I Posted This Information Was Back On 07/21/2023, And Many Times Prior ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172401859
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
=============================
(Docket # 5885 was the agreement, ... Doclet # 9901 was the completion of the agreement by BOTH', ... WMI and the FDIC ... as WMB Was Released and Serviced by JPM)
Docket # 5885 was the GSA Settlement Acknowledgement Between WMI and the FDIC;
http://www.kccllc.net/wamu/document/0812229101112000000000029
And, With Only The "Equity Interest" in WMB Originally Being Released, Docket # 9901 was part of WMI's Portion of the GSA Settlement Realized while the litigation continued to a settlement in D.C. ... "Globic" ...
http://www.kccllc.net/wamu/document/0812229120316000000000016
=============================
maybe this extremely relevant information dating back to 2011 was simply overlooked'
just sayin'
AZ
~ 100% Accurate ~
... just remove the word maybe' ... "Like XXXXX we won't be responsible for the 14 bill in bonds"
the WMB Note's Maintenance and Servicing ... Transitioned at the beginning of 2023' ... SDNY'
the WMB Notes are self supporting' ... that outstanding claim showing dissipates once the FDIC gets done screwin' around ... !
just sayin'
AZ
~ It's 100% Real Fred, and Yes' I know the document number by heart' ... it's this forum that isn't worthy' ~
... there's more of course' ...
AZ
~ LOL', It's A Totally New Concept ! ... 1st', Buy COOP in the single digits, then 2nd', wait for a bit', and Sell Coop above $50.00 ... ~
Yep, I had never heard of buy low and then profit by selling high at a 10bagger' before' ~ LOL ... I thought I would try it out ! ... LOL' ... LOL' ... looks like it works ? ... I'm laughin' to hard right now ...
just sayin'
AZ
~ "NO" ... LOL' ... this ? is hilarious, picky' ? ur so fkin stupid, I just can't stop laughin' ~
... sweet dreams' ... LOL'
later'
AZ
~ Wait' ... Wait A Minute, What Was That Again ? ... or waist a minute, or waste a minute, or oh' just forget it ! ... LOL ~
oh yeah,
"the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
Is A Highlight of the obvious text necessary ? ... LOL ... "all of the assets of WMB, WMB, WMB, WMB" ...
and only the WMI Holding Company, went through Chap 11' and reorganized ... hmmmm, so let's see, ... what's NOT being referred to again' ... What's Missing ? ... oh yeah' I remember :) ... WMI's assets, then referred to as WMIH's assets ... how am I doin' KKR ? ... :) ... thanks, ol' cactus has done well' ... thanks again
Abba Da Ayy ! :)
AZ
~ Tacoma, See What "ALWAYS" Happens ? ... and it's Not Over Yet, There's Still More To Come LOL' ~
... my fav' hatr' is the 40k post-poster w/ zero skin in the game, but an opinion on everything' and everyone' ... and daily' and wrong' ... LOL ... what a "waist" LOL' ... this ol' cactus isn't going to the sdny "EVER", just another waste of time' ... a reveal to the public was a prosecutorial sin' ... ooooopppps' ... LOL'
Abba Da Ayy' :)
AZ
~ Own It' ... "COOP" the Registrant' Newco, WAS The "Tell" The Gallagher / KKR Ride Up from Single Digits "Happened" ... the "wmi-lt" NEVER MATTERED ... coffee's litigation was based upon incomplete, sloppy, and poorly researched material' ... predestined for loss' ... Everyone Was Informed' ~
and now, holding above a COOP $50.00pps will allow the debt structure to become available ... but not by a subsidiary group that was acquired in 2018' ... LOL ... that's funny ...
thought I would check in ... another waste of time' ...
the US Brokers' maintain the "relevant" original ownership documents and release to participate w/ an attached w-9 ... -hateaway-' ... :) ... it won't change a thing' ... ol cactus' already took profit and covered way back when'
90% Reit Rule' ...
just sayin'
AZ
~ Thank You For Bringing This Up', I Hardly Check In on any of these mb's Any More, "Due To The Fact" That IN My Opinion, The LBHI Final Plans Implementation Is On The Very Near Horizon' and the "Segregated Capital Trusts" Will Reconstitute' which is what I own' ... I Own All Four' CT's ... (REITs) ~
... Again, In My Opinion, ... these transfers as stated ... "For Good and Valuable Consideration" ... are for future tax benefits, ... the NOLs' (Net Operating Loss) allowable' tax advantages moving into the future as LBHI becomes a going concern ... it adds up to quite a bit'
============
61605 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 1:18 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 15649, Amount $109,959,931.40); Varde Investment Partners, L.P. (Claim No. 32145, Amount $19,619,743.00); Varde Investment Partners, L.P. (Claim No. 33007, Amount $9,501,762.00); Varde Investment Partners, L.P. (Claim No. 67146, Amount $136,000,060.37); Varde Investment Partners, L.P. (Claim No. 67898, Amount $31,202,171.00); Varde Investment Partners, L.P. (Claim No. 67899, Amount $16,801,169.00); Varde Investment Partners, L.P. (Claim No. 67902, Amount $7,744,888.00) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61604 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 1:09 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 29739, Amount $6,455,314.29); Varde Investment Partners, L.P. (Claim No. 30669, Amount $2,151,771.43); Varde Investment Partners, L.P. (Claim No. 32445, Amount $487,972.83); Varde Investment Partners, L.P. (Claim No. 32618, Amount $14,467,527.59); Varde Investment Partners, L.P. (Claim No. 37433, Amount $5,000,000.00); Varde Investment Partners, L.P. (Claim No. 66437, Amount $8,810,796.31); Varde Investment Partners, L.P. (Claim No. 66655, Amount $30,811,870.70); Varde Investment Partners, L.P. (Claim No. 67172, Amount $2,438,814.32); Varde Investment Partners, L.P. (Claim No. 67346, Amount $3,700,000.00) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61603 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 1:00 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 25555, Amount $8,482,314.71); Varde Investment Partners, L.P. (Claim No. 25626, Amount $1,544,466.12); Varde Investment Partners, L.P. (Claim No. 25641, Amount $191,109.93); Varde Investment Partners, L.P. (Claim No. 22874, Amount $521,581.98); Varde Investment Partners, L.P. (Claim No. 23820, Amount $865,196.85); Varde Investment Partners, L.P. (Claim No. 23860, Amount $12,695,947.18); Varde Investment Partners, L.P. (Claim No. 27141, Amount $22,055,755.74); Varde Investment Partners, L.P. (Claim No. 28105, Amount $2,096,500.00); Varde Investment Partners, L.P. (Claim No. 29060, Amount $2,461,991.02); Varde Investment Partners, L.P. (Claim No. 29657, Amount $134,365.67) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61602 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 12:50 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 22214, Amount $2,973,559.63); Varde Investment Partners, L.P. (Claim No. 22215, Amount $142,942.86); Varde Investment Partners, L.P. (Claim No. 22304, Amount $82,023.86); Varde Investment Partners, L.P. (Claim No. 22499, Amount $67,348.99); Varde Investment Partners, L.P. (Claim No. 22500, Amount $66,440.78); Varde Investment Partners, L.P. (Claim No. 22724, Amount $396,872.26); Varde Investment Partners, L.P. (Claim No. 22752, Amount $372,041.81); Varde Investment Partners, L.P. (Claim No. 24553, Amount $224,770.87); Varde Investment Partners, L.P. (Claim No. 25421, Amount $5,551,553.85); Varde Investment Partners, L.P. (Claim No. 25449, Amount $2,991,900.46) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61601 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 12:42 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 17199, Amount $1,308,316.70); Varde Investment Partners, L.P. (Claim No. 17204, Amount $966,323.69); Varde Investment Partners, L.P. (Claim No. 18847, Amount $5,704,951.00); Varde Investment Partners, L.P. (Claim No. 20120, Amount $1,738,752.10); Varde Investment Partners, L.P. (Claim No. 20539, Amount $35,700.03); Varde Investment Partners, L.P. (Claim No. 20671, Amount $158,810.00); Varde Investment Partners, L.P. (Claim No. 21406, Amount $7,759,434.80); Varde Investment Partners, L.P. (Claim No. 21721, Amount $11,137,069.91); Varde Investment Partners, L.P. (Claim No. 21750, Amount $3,869,707.25); Varde Investment Partners, L.P. (Claim No. 21942, Amount $1,864,728.53) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61600 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 12:19 PM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 7370, Amount $2,732,749.71); Varde Investment Partners, L.P. (Claim No. 11489, Amount $2,384,238.21); Varde Investment Partners, L.P. (Claim No. 14377, Amount $126,271.39); Varde Investment Partners, L.P. (Claim No. 14870, Amount $183,369.39); Varde Investment Partners, L.P. (Claim No. 15740, Amount $1,877,830.10); Varde Investment Partners, L.P. (Claim No. 15826, Amount $2,000,000.00); Varde Investment Partners, L.P. (Claim No. 16147, Amount $1,544,937.51); Varde Investment Partners, L.P. (Claim No. 16174, Amount $104,002.01); Varde Investment Partners, L.P. (Claim No. 16338, Amount $320,062.61); Varde Investment Partners, L.P. (Claim No. 16840, Amount $4,132,000.00) To Stonehill Master Fund Ltd. filed by Edward J. Leen on behalf of Stonehill Master Fund Ltd.. (Leen, Edward)
61599 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 11:56 AM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 15649, Amount $374,304,800.00); Varde Investment Partners, L.P. (Claim No. 32145, Amount $4,455,828.71); Varde Investment Partners, L.P. (Claim No. 33007, Amount $3,911,528.09); Varde Investment Partners, L.P. (Claim No. 67146, Amount $28,236,533.21); Varde Investment Partners, L.P. (Claim No. 67900, Amount $10,353,241.60); Varde Investment Partners, L.P. (Claim No. 67901, Amount $5,574,822.40); Varde Investment Partners, L.P. (Claim No. 67902, Amount $7,964,032.00) To Stonehill Institutional Partners, L.P. filed by Edward J. Leen on behalf of Stonehill Institutional Partners, L.P.. (Leen, Edward)
61598 claims Transfer Agreement FRBP 3001(e) (CLAIMS AGENT CASES ONLY) Wed 08/16 11:42 AM Transfer Agreement FRBP. Transfer Agreement 3001 (e) 2 Transferors: Varde Investment Partners, L.P. (Claim No. 11305, Amount $7,513,273.86); Varde Investment Partners, L.P. (Claim No. 11306, Amount $26,856,806.85); Varde Investment Partners, L.P. (Claim No. 18074, Amount $35,000,000.00); Varde Investment Partners, L.P. (Claim No. 19090, Amount $29,137,500.00); Varde Investment Partners, L.P. (Claim No. 19174, Amount $31,091,035.06); Varde Investment Partners, L.P. (Claim No. 20121, Amount $48,731,288.34); Varde Investment Partners, L.P. (Claim No. 25385, Amount $100,757.30); Varde Investment Partners, L.P. (Claim No. 58233, Amount $45,297,883.00) To Stonehill Institutional Partners, L.P. filed by Edward J. Leen on behalf of Stonehill Institutional Partners, L.P.. (Leen, Edward)
============
anyway,
AZ
~ JB92106, A Special Thank You and "COOP" (the sub) "Shout Out" from "ol' cactus" ~
... Your incites, and presentations have maintained consistency over all of the years' ... THANK YOU' ...
just sayin' :)
AZ
~ Hello Boris' Just Stopping By to peak at "COOP's" (the sub) pps Control now > $50.00 LOL' ~
Actually, both You and BoardDork ! ! are presenting interesting thoughts' ... and actual possibility's !
And Yes, Especially when one considers what has already been revealed:
The WMB Notes currently show that they are "already" being managed and serviced by a Sub of (XXXX) ... able to be reviewed at will', by a Direct and Compliant, ACTUAL OWNER' ... (LOL' no third party purchases')
"The SEC Trackable" ... pre bk' WMI to post reorg' WMIH "Preferred Managing Sub" as a reference to the released WMI Preferred' and accounting' ... Cash In / Cash Out', ... which again, has never been dissolved'
and the following of course';
"the Holding Company only has a stockholder's claim in the assets of its subsidiaries"
"where most of WMI's consolidated assets are located" ... as direct references to the released' WMI Commons
and then of course, the literal language placed within the actual Settlement; between the FDIC and WMI ... although JPM was allowed intervenors considerations ?, they were never exercised !
"the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;"
that's quite specific to WMB' ... right'
it's all good ... had the C-8 out last night and takin a put on the dyna in a few ... "Abba Da Ayy" ... from "ol' cactus" (hi T's, I know, I know, I know)
just in case LOL' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172401859
just sayin' :)
AZ
~ This WaMu / WMI / to COOP (the acquired Mr Cooper Group serving sub') Discussion Area's ... bully's / bashers / and "idiots posting some 40k times ? etc, etc., etc.," ... do an equal amount of damage ~
... none of which matters' ...
just another example' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172523708
~ ol cactus' Is "SMH" while "LOL" & having a fine cup of coffee' ... as a Sub of The Company, 2015's transitional WMIH !, 2015's WMIH also a sub, has ALREADY "Acquired" and Paid For' COOP' ... "the Mr Cooper Group" COOP' ... the servicing sub' ~
and, as referenced numerous times throughout the years, ... as well as by the Judge, ... those that "released" maintain their own COMMON SHARE Ownership of the Original WMI Consolidated Assets' ...
"the Holding Company only has a stockholder's claim in the assets of its subsidiaries"
"where most of WMI's consolidated assets are located"
released preferred continue to be connected to the Preffered Managing Sub' ... which ? has never been document reported to be dissolved' ... that segregated sub has however, reported inbound and outbound cash', some of which was used to pay KKR's 3% coupon and used to payoff the run-off notes' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172505625
just sayin' :)
AZ
~ Just More Lies' ... I've NEVER Claimed To Be Any Type of Anything', ... I Took The Time To Understand and Study the WMI Transitional SEC Filings, from 2006 and forward' ... as well as personally interacting with the relevant people, DL' (yes, a friend), rosie', novad, DB's US' Trustee, ... etc., etc., ... and disregarded MOST of the mb-guessing and feelings', WHICH began attacking to a higher level when "ol cactus" openly stated in March of 2019 regarding the Poorly Researched and ultimate Losing Litigation and "Filer" was Called Out ... Yes, ... "Poorly Researched Material" ... "OBVIOSLY" ~
... Why Wasn't "The Preferred Managing Subsidiary" EVER Brought into text ? ... Because It Was Ignored' ? ... Was That Why ? ... NO, because it had ZERO to do with the Plan' and the Reorg of the WMI Holding Company' ... The "Preferred Managing Sub" was Separate' ... It was my opinion then as well as now, that the losing litigation was filed in an attempt to disrupt the Courts approved plan. ... because of the following'
"the Holding Company only has a stockholder's claim in the assets of its subsidiaries"
"where most of WMI's consolidated assets are located"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172505625
"Everyone" was told to watch the "NewCo" back in latter 2017' and early 2018' ... I took advantage of my own research and releases of information and purchased a lot of WMIH / COOP in the single digits' ... then as disclosed, I CHOSE to take out ALL OF MY initial WaMu expenditures and a 10bagger in profit last year in February of 2022 at above COOP's $50.00pps' ... My Choice'
Anyone that thinks that constant and daily bashing or lying about another participant' is cool to do ?, ... at least try and keep it straight' ... ? ... "ol cactus" is not, nor ever has been bothered by emotion' ... LOL
just sayin' :)
AZ
~ Pre The 2018 Acquistion' of the Servicing Sub ... the mr cooper group' ... COOP ... and Pre the 2015 transition of WMIH to Delaware' ~
"the Holding Company only has a stockholder's claim in the assets of its subsidiaries"
"where most of WMI's consolidated assets are located"
this directly refers to the Now Released to Participate in the Reorg, WMI Common Share Ownership of the "Holding Company" and the assets held' within its Subs ... it's all been documented' ... and the "assets of the subsidiaries" have been referenced more than once' ... !
the "assets of the subsidiaries" ... WERE NOT ALLOWED to be considered by the WMI Holding Company's TWO Submissions' For Chapter 11' ...
Some ? THINK' that means that they never existed' ... But That isn't TRUE;' ... KKR and WMIH CEO Gallagher PROVED and AGAIN' that they do exist in 2018' ...
just sayin' :)
AZ
~ LOL', There Simply IS "NO" (pre) WMI / (to post) WMIH "Preferred Managing Sub" SEC References To A Released "K", That I Have Ever Found' !! ... There Are ONLY References To A "P" Showing Inbound and outbound uses of CASH', Including Paying off the Run-Off Notes Early' and the 3% Cash Coupons That were being paid to KKR ~
... To think ? that these "ol' cactus" representations are directed toward any individual or their choices of released holdings ? ... is absurd' ... and LOL' ... part of my own holdings include released k's
(added; I don't send out filthy pm's either)
just sayin'
AZ
~ (XXXX) Allows its Sub (2015) WMIH to Help Out The "loan servicing" Sub' ... (2018) the mr cooper group' @ COOP' (again) ~
"dated as of August 1, 2023, by HPC Insurance Agency, LLC, a Michigan limited liability company (the “Guaranteeing Subsidiary”), a subsidiary of the Issuer."
... a subsidiary of the Issuer ? ... that issuer ? is not COOP LOL' ... COOP Is merely an acquired servicing sub ...
https://www.sec.gov/Archives/edgar/data/933136/000119312523199999/0001193125-23-199999-index.htm
Abba Da Ayy' ... and later' :) ... :)
just sayin'
AZ
~ John Yeppers', It's been a grand facade' from the seizure' ... purposely' done' on numerous levels' ... beginning way back in time', ... (their plan ? fell apart in 2011 ish) ~
However ? ... "it is what it is" and although I removed a lot of COOP last year in February for profit and a recovery of what I spent ? ... I'm still in the Bus' with COOP freebies and my WMB notes and properly released P's K's and ... common share ownership of the WMI assets ... go released commons' ... and go big dog' (XXXX) ... we're gettin close ...
COOP Is a servicing 2018 acquired sub of the transitioned 2015 WMIH, ... which is a sub of (XXXX) .
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172466867
"the Holding Company only has a stockholder's claim in the assets of its subsidiaries"
"where most of WMI's consolidated assets are located"
... Wait' WHAT ? ... LOL ...
just sayin' :)
AZ
~ John, In My Opinion at this point in time', ... it's quite doubtful that the mr cooper group or, COOP the acquired Subsidiary servicing group' is ABLE TO Use any funds originally held in the assets of the "Other" WMI' Subs as has been referred to numerous times' ~
... COOP ... merely 2018' name changed', ... is merely being used as the Company's SEC allowed "registrant" for SEC reporting guidelines ... Our company is not the only one that has utilized these SEC allowances ...
So, again ... in my opinion ... NO' ... Everything Is and Has Been kept track of' ... including those US Citizens using US Brokers that submitted a US IRS W-9 included within their release to participate documents' ... (144a's) ... the outer assets included the multinationals' along with the WMB Bonds'
just sayin'
AZ
~ Correct Again BoardDork, !, the "Ignored" (LOL) pre (bk) WMI to post (reorg) WMIH "Preferred Managing Subsidiary" was a Sub of the WMI Holding Company ... NOT WMB ... documented' ~
... But ? ... no one was ever curious regarding where in the heck were the 3% KKR quarterly cash' coupon payments coming from ... or' ! ... where the funds used to Pay-Off the Run off notes "Early" came from like ol' cactus was ... LOL ...
So, then there's the "Preferred Managing Sub" which hasn't been dissolved yet, and COULD NOT or CAN NOT ever go to JPM because it wasn't aligned with WMB' ... released P's and maybe the K's maybe ? ...
while' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172466867
The original plans' released common share ownership, is connected to the assets' ... commons' ... document mentioned numerous times, including a few references in the 2018 filings' ...
the 2018 "Acquired" Mr Cooper Group continues on as a "Servicing" Subsidiary Group ... verified again recently' ... reporting LLC as the only operational Sub' ... That ? IS Hilarious' ... :)
... ol' cactus Owns Everything WaMu (WMB Bonds, and Released P's K's and Commons ... which again as documented' own the assets held within the subs') ... ol' cactus actually ALSO' owns COOP and has skin in the game' ... unlike ?
... original expenditures and a 10bagger in profit was taken back in February of 2022' ... Thanks' ...
just sayin' :)
AZ
~ AGAIN' For Continuity: ... ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172467100
The Ignored, Ignored, Ignored, ... Preferred Managing Sub has NEVER Been Dissolved and is SEC trackable ... That ? Is GREAT News for the releasing P and (I think / hope ?) the releasing K owners' ... I own released commons, (a lot) as well as released P's and K's ...
and, the WMI Holding Company's segregated assets have been mentioned MANY Times, BOTH Pre and Post WMI's BK Filing(s) ... those financial generations are owned by the common shareholder that released' ... PERIOD'
just sayin'
AZ
~ "Simplified" ... Yes', That Is Correct ND9' ... ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172466867
and'
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172401859
Plan 7 Paid All Of The Courts Approved Creditors with WMI's OWN 4 Billion dollars it had on deposit' at WMB ... PLUS The Tax Returns' ... The FDIC COULD NOT CLAIM That No Depositor Suffered' if WMI Had Been Hurt' ... WMI's 4 Billion Dollars needed to be returned' ...
Now, ... I refer to this DD' as presented ... actually numerous times' ...
The Ignored Ignored Ignored ... Preferred Managing Sub has NEVER Been Dissolved and is SEC trackable ... That ? Is GREAT News for the releasing P and (I think / hope ?) the releasing K owners' ... I own released commons, (a lot) as well as released P's and K's ...
and, the segregated assets have been mentioned MANY Times, BOTH Pre and Post WMI's BK ... those financial generations are owned by the common shareholder that released' ... PERIOD'
the WMB Bonds (which I also own) are now showing "IN A DIRECT OWNERS ACCOUNT' Like Mine") ... none of these third part purchasers can see what's important'' ! ... and again are being serviced and managed by a sub of (XXXX) and are no longer shown to be associated with the WMI Holding Company' ... The settlement as I posted has now come to fruition' !!
helpful ?
just sayin' :)
AZ
~ Yeppers' ... I've been sayin' the exact very same things for a very, very, verrrrry' long time now !! ... some say they can't understand my speach' ?, some just twist my posts up' into lies ?, and some just go on and on about nothing' relevant ... and some hide' and send filthy pm's ... and then there are those ?, that simply can't find the SEC site and the relevant document submissions' LOL', ... there is NO coffee' relevance' LOL' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172466867
Yeppers' ... those wmi-lt slicksters jammed me up regarding the issuing of THEIR OWN Defined DTC' ESC's ... However' ... The Records of Who Released' and What Was Owned' Is Still Maintained' ... by a US Citizens submission of a W-9 ... REIT's Baby
the mr cooper group, COOP which was acquired in 2018' Is A Sub of the 2015 transitioned to Delaware WMIH, (the CEO Gallager and KKR pps ride up from the single digits' ... THANKS' for the ol' cacus" recovery of ALL WaMu expenditures and a 10 bagger in sweet' profit') ... which is a sub of (XXXX) ... (XXXX)
just sayin' :)
AZ
~ No Concerns Here', Regarding The Upcoming "Distributions" In The Beautiful "ol' cactus" Arizona Desert' ... For Those That Properly Released To "Participate" and OWN' the "Assets of the Subs" ... LOL' ~
the Mr Cooper Group ... COOP' ... as shown once again' ! ... is nothing more than a servicing subsidiary' :) LOL ...
ALL' Has Already been Very Well Documented: (properly provided within the links on the (ignored) SEC site') ... LOL' ...
"The Washington Mutual Inc. Holding Company only has a stockholder's claim in the assets of its subsidiaries. This stockholder's claim is junior to the claims that creditors of Washington Mutual's subsidiaries have against those subsidiaries, including in the case of subsidiaries that are depository institutions, its depositors, the Federal Deposit Insurance Corporation and the Federal Home Loan Banks of San Francisco and Seattle. Holders of the debentures and beneficiaries of the guarantee of the preferred securities will only be creditors of Washington Mutual. Such holders will not be creditors of Washington Mutual's subsidiaries, where most of WMI's consolidated assets are located. All of WMI's subsidiaries' existing and future liabilities, including any claims of trade creditors and preferred stockholders, will be effectively senior to the guarantee of the preferred securities and the debentures."
"WMI' will not be able to use the earnings of its depository subsidiaries subject to distribution restrictions to make payments on the guarantee, except to the extent the restrictions are satisfied."
Plan 7' Paid all of the creditors ... right ?
========
I already posted the documented GSA settlement information here. which was ONLY between WMI and the FDIC' ... JPM was merely issued intervenor rights, WHICH ? were NEVER Exercised:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172401859
========
the lurker' ceiling fan installers etc., etc., etc., ... rendition of WMMRC is delusional LOL ... and' ... why was the Preferred Managing Subsidiary and its 3% KKR coupon payments and pay off of the run off notes' ... ignored by all of the coffee drinkers ? ... also on the SEC site' ? ... hmmmmm ?
"Abba Da Ayy" ... ol' cactus continues to smile' :)
just sayin' :)
AZ
~ You're Welcome ND9', ... As Mentioned, Numerous Times, ... Yes, The "Preferred Managing Sub", Has Been Ignored' ! !, (here') ... But HAS NEVER Been Reported As "Dissolved" ... right ? ~
I always find the SEC allowed "registrant" being used' ... the mr cooper group's COOP 10-K Corporate Structure reveal as humorous ... there continue to be' just a few things missing from the report'; LOL ... ~
just sayin'
AZ
~ Yes' ... As an original WMI Holding Company's Releasing US' Citizen W-9 Submitted', Your Individual Tax Responsibilities are a direct derivative of the USA's IRS Reit distribution Rulings' ... Your Interest Earnings, yet to be returned, will be your own taxable responsibility ... ~
just sayin'
AZ
~ Bless You My Friend' ... Yes' It Was Always Going To Happen' ... WE' Have Just Never Known Exactly When' Is All ... Yes, the WMI Holding Company Reorganized' as "WE" Know' ... That Was The Original Requirement' for the Continuation of Debt Structure that WAS NOT Allowed to be BK Considered', along with the Holding Company's BK Remote Assets' ~
... ALL Is Good' ... Have A Great Day'
just sayin' :)
AZ
~ That Is Correct BoardDork, ... The "Debt Structure" Will Be Utilized' HOWEVER' ... The Debt Structure IS NOT Yet "FREE" or "AVAILABLE" To Be Utilized' ... Not Until The Original Releasing 2012' Documented Owners of the WMI Holding Company Have Begun Receiving What Is Still Owed To Them (the Releasing Common Share Owners of the WMI Holding Company') ... The Interest That Has been generated and has not yet been returned' (REIT's) ~
If the pre-determined design is to maintain the $50.00pps ... the debt structure will begin to pay for it's freedom at any time now ... interest owed'
just sayin'
AZ