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Thanks Bob for the information.
Thanks Ron for your help
Bob. Would the W-9s that were signed have anything to do with any potential SHARE distribution? Or were they only pertaining to any potential CASH distribution
Thanks guys. I’m with TD Ameritrade. I apologize for the false alarm. They were still there in my account. I just overlooked it in my portfolio. Sorry for the inconvenience. I scared myself. Lol.
Hey guys. I don’t post much but I signed releases back in 2012. I had wamuq escrows and wamkq escrows. I haven’t really been keeping up with what has been going on, but I did notice that my preffered (k) escrows are not in my account anymore but my common escrows are still there. I don’t know what happened. I was wondering if any one else are missing their wamkq escrows as well? They had to disappear sometime in 2020.
Hopefully that’s the case and they will put pressure on the fdic or the powers that be to release our cash sooner than later.
I hate to say but I think it’s going to be an even longer wait before we see any type of payment if any due to this crash. Also the assets that we had if any are decreasing in value at an alarming rate.
Boris. What date was he suppose to pay his clients off by? You think any chance the market may have crashed before he could payoff his clients. May have had to cancel his plans due to losses in the market.
Unbelievable. I’ll continue to lurk.
Wow. Did anyone hear about merger on any news outlets? I didn’t hear a peep about this merger anywhere.
MODS PLEASE UPDATE STICKIES with current information. Thank you.
Conference Call and Webcast
Nationstar will hold a conference call to discuss the transaction today at 8:00 a.m. ET. The dial-in number for the Nationstar conference call is (855) 874-2685 or (720) 634-2923 for international callers. The participant passcode is 1899207. The call will also be webcast live and can be accessed at the company’s website at www.nationstarholdings.com.
WMIH will hold a conference call to discuss the transaction today at 9:00 a.m. ET. The dial-in number for the conference call is (866) 610-1072 or (973) 935-2840 for international callers. The participant passcode is 6499125. The call will also be webcast live and can be accessed at the company’s website at www.wmih-corp.com.
LG. I don’t have PM, but For the past 4 years my loan has been serviced by Select Portfolio Servicing and previously serviced by JPM.
JP Morgan is returning big money to its shareholder. More than likely it's money from the WAMU deal. https://www.forbes.com/sites/greatspeculations/2017/06/30/jpmorgans-27-billion-capital-return-plan-is-the-biggest-ever-by-a-u-s-bank/?utm_source=yahoo&utm_medium=partner&utm_campaign=yahootix&partner=yahootix&yptr=yahoo#74c96dcb333b
So does this mean grant Thornton is part of hold up for escrows Holders to get paid?
Jpm is at $80 a share. Wmih at $1.50. Shares of Jpm would be nice for escrow holders.
Now that this case is resolved, hopefully there is plenty more for escrow left at the FDIC-R.
In my opinion, there is big money in the receivership where that $645 million is coming from.
Something is up alright. Probably the over 500 signatures on the petition that has gotten there attention as well.
Pg 741 section 32 discusses a 3.1 assets list. So there must have been an assets list. There is also a mention of a 3.5 list as well.
Not sure if this is of any interest to the board.
http://m.moodys.com/research/Moodys-assigns-provisional-ratings-to-Chase-Mortgage-Trust-2016-1--PR_345302
"expiration of the 10-year statute of limitations in 2017" to bring a criminal case against individuals. Is there a statue of limitations on when they have to pay escrow? You would think there would be.
Not sure if this was posted. Seems like new news.
http://www.capitalcube.com/blog/index.php/wmih-corp-earnings-q2-2015/
Question to the board. When is the deadline for WMIH to up list? Thanks
Those large bogus claims(MARTA) were made just to make the bankruptcy seem official. IMO
CPMK increased from $6 to $6.50 in the last 15 minutes of trading today. That may be a good sign.
Tomorrow is Good Friday. Is Market open?Thanks
I totally agree Blue. I mentioned similar info about Capmark board members in post #415458 . Capmark has been trading kind of awkward as of lately. here is a link with one our hedgefunds (Centerbridge) in talks with Capmark in March 2014 about a M&A deal. What you think?
Link https://m.moodys.com/mt/www.moodys.com/research/Moodys-assigns-B2-CFR-to-acquirer-of-Bluestem-Brands-secured--PR_310439?WT.mc_id=AM%7eWWFob29fRmluYW5jZTQyX1NCX1JhdGluZyBOZXdzX0FsbF9Fbmc%3d%7e20141014_PR_310439&un_jtt_redirect
Proposal 3 has a couple of board members from Capmark being appointed. So whoever mentioned Capmark as a potential merger might be right.
William C. Gallagher is anticipated to become a director upon consummation of the reincorporation, and has served as a consultant of WMIHC since November 21, 2014. It is also anticipated that Mr. Gallagher will be appointed to serve as the chief executive officer of the Company. Mr. Gallagher is currently an Executive Vice President and member of the board of directors at Capmark Financial Group Inc. (“Capmark”). Mr. Gallagher
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served as President and CEO of Capmark from February 2011 to November 2014. He was Executive Vice President and Chief Risk Officer of Capmark from March 2009 to February 2011. Prior to joining Capmark, Mr. Gallagher was the Chief Credit Officer of RBS Greenwich Capital from September 1989 to February 2009.
Thomas L. Fairfield is anticipated to become a director upon consummation of the reincorporation, and has served as a consultant of WMIHC since November 21, 2014. It is also anticipated that Mr. Fairfield will be appointed to serve as the chief operating officer of the Company. Mr. Fairfield is currently an Executive Vice President and member of the board of directors at Capmark. Mr. Fairfield was Chief Operating Officer of Capmark from February 2011 to November 2014. From March 2006 to February 2011, Mr. Fairfield served as Executive Vice President, Secretary and General Counsel of Capmark. Prior to joining Capmark, Mr. Fairfield was a partner at the law firm of Reed Smith LLP from September 2005 to March 2006 and prior to that at Paul, Hastings, Janofsky & Walker LLP from February 2000 to August 2005 and LeBoeuf, Lamb, Greene & MacRae, LLP, from January 1991 to February 2000, where his practice focused primarily on general corporate and securities law, mergers and acquisitions, corporate finance and financial services.[/url][tag]insert-text-here[/tag]
Here is an article that I found that was dated Aug, 1, 2014. Maybe it wil help to try and piece this puzzle together. http://www.nationalmortgagenews.com/blogs/compliance/fdic-could-sue-those-who-brokered-to-wamu-1042267-1.html
Does anybody know what where the original terms of the bailout?
camaro4me thanks a lot for the info.
Hi all. I have a couple of questions for the board. I haven't done much DD, but which is the better option LEHNQ or LHHMQ? Also I see in red at the top of the board that Security Distribution is Suspended? Does that mean that I can not buy this stock? Thanks guys for your help.