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Anyone ever think they picked the name Mr. Cooper to toy with us and do a play on words like project eclipse was used? To imply that Mr. Cooper mysteriously stole our money.
Mr. Cooper = d b. Cooper
Lodas,
Yes I value your opinion and research. I rather hear the truth than people agreeing with me. I was mistaken when speaking about WMMSC. I confused it with WMMRC. again thank you for your honest opinion. If I find another glass of Champaign flavored kool-aid I'll be sure to offer you some.
Best regards
Lodas,
I understand what your saying but this proves otherwise. Your always saying to others did you read it?
I challenge you to actually read this whole paragraph in bold dated Feb 8, 2024.
It supercedes the 2009 link you gave me as reference to Long Beach Securities. It places WMMSC as surviving entity that should have been dissolved. How can this Feb 8, 2024 document talk about WaMu Asset Acceptance Corp merge into a dissolved entity. So IMHO this document is more accurate and up-to-date and our New true North on this compass.
Not to mention 2017 is after the fact of the GSA you always reference. And only until Feb 8, 2023 did WaMu Asset Acceptance Corp get finalized with a merger. That means this new information has not been applied to your knowledge all predating anything prior to March 12, 2012. Which includes the GSA and the Por 7 all done prior to March 12, 2012.
This is New updated evidence of a surviving entity acknowledged Feb 8, 2023 and continues til this day.
Are you still sticking to your old position of info prior to Mar 12, 2012???
DATED
Date of Report (Date of earliest event reported): February 8, 2024
https://www.sec.gov/Archives/edgar/data/1317069/000092963824000440/wamuasset_abs15g.htm
On December 8, 2017, WaMu Asset Acceptance Corp. (“WaMu”) merged with Washington Mutual Mortgage Securities Corp., Long Beach Securities Corp., WM Asset Holdings Corp. and WaMu Capital Corp, with Washington Mutual Mortgage Securities Corp. (“WMMSC”) being the surviving entity. WMMSC is filing this Form ABS 15-G on behalf of WaMu, as securitizer, in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which WaMu acted as depositor and which are outstanding during the reporting period. On September 25, 2008, JPMorgan Chase Bank, National Association (“JPMCB”) acquired the banking operations of Washington Mutual Bank from the Federal Deposit Insurance Corporation (“FDIC”). It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership. Assets are reported herein in accordance with Rule 15Ga-1 regardless of the validity of the demand or defenses thereto, and nothing in this report shall constitute, or be deemed, a waiver of any rights, defenses, powers or privileges of any party relating to these assets
Below is a link proof of the update!
Compare your notes
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174409712
Lodas,
Thank you for your honest opinion. I appreciate it. Thank you
Two things that stand out
1) everything of WMI or the parent was to be dissolved and obviously its not because of the words use "surviving Entity" that's another eclipse that has come and gone.
And
2) is the Date that was reported Feb 14, 2023 and continued reporting that WMMSC is servicing Asset Backed Securities on behalf of WMI/WaMu.
The Parent is alive and well as others have mentioned years ago but we now have Proof in documentation stating this fact THE PARENT IS ALIVE!!!
ABS 15-G AKA Asset Backed Securities
Big big money!!!
Date of Report (Date of earliest event reported): February 14, 2023
On December 8, 2017, WaMu Asset Acceptance Corp. (“WaMu”) merged with Washington Mutual Mortgage Securities Corp., Long Beach Securities Corp., WM Asset Holdings Corp. and WaMu Capital Corp, with Washington Mutual Mortgage Securities Corp.(“WMMSC”) being the surviving entity. WMMSC is filing this Form ABS 15-G on behalf of WaMu, as securitizer, in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which WaMu acted as depositor and which are outstanding during the reporting period
Lodas,
In case you missed this post I was wondering if you can give your opinion on this.
I know, you know, we all know what it owns.
But I've never seen them admit it til now.
The merger is the proof.
The shadow of the Eclipse has now moved on (pun intended)
All in plain daylight
The word "Soon" is definitely relevant.
Brian Rosen and the Honerable Judge MARY WALRATH are going to be highly regarded for their work and humbly, just saying it's higher than our pay grade.
I can see everyone patting Brian on the back and thanking him. After all he is our lawyer..... and the Judge for technically saving us.
time wise, it has been a burden for many
This was JPM and the FDIC position on the matter of WaMu asset Acceptance Corp Nov 9, 2022
Date of Report (Date of earliest event reported): November 9, 2022
WaMu Asset Acceptance Corp., as Securitizer, is filing this Form ABS-15G in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which it acted as depositor and which are outstanding during the reporting period. On September 25, 2008, JPMorgan Chase Bank, National Association (“JPMCB”) acquired the banking operations of Washington Mutual Bank from the Federal Deposit Insurance Corporation (“FDIC”). It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership. Assets are reported herein in accordance with Rule 15Ga-1 regardless of the validity of the demand or defenses thereto, and nothing in this report shall constitute, or be deemed, a waiver of any rights, defenses, powers or privileges of any party relating to these assets.
https://www.sec.gov/Archives/edgar/data/1317069/000092963822001691/wamuasset_abs15g.htm
On Feb 14, 2023 the update happened
Date of Report (Date of earliest event reported): February 14, 2023
On December 8, 2017, WaMu Asset Acceptance Corp. (“WaMu”) merged with Washington Mutual Mortgage Securities Corp., Long Beach Securities Corp., WM Asset Holdings Corp. and WaMu Capital Corp, with Washington Mutual Mortgage Securities Corp. (“WMMSC”) being the surviving entity. WMMSC is filing this Form ABS 15-G on behalf of WaMu, as securitizer, in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which WaMu acted as depositor and which are outstanding during the reporting period. On September 25, 2008, JPMorgan Chase Bank, National Association (“JPMCB”) acquired the banking operations of Washington Mutual Bank from the Federal Deposit Insurance Corporation (“FDIC”). It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership. Assets are reported herein in accordance with Rule 15Ga-1 regardless of the validity of the demand or defenses thereto, and nothing in this report shall constitute, or be deemed, a waiver of any rights, defenses, powers or privileges of any party relating to these assets.
https://www.sec.gov/Archives/edgar/data/1317069/000092963823000579/wamuasset_abs15g.htm
And Feb 08, 2024 a continued reporting of the update
On December 8, 2017, WaMu Asset Acceptance Corp. (“WaMu”) merged with Washington Mutual Mortgage Securities Corp., Long Beach Securities Corp., WM Asset Holdings Corp. and WaMu Capital Corp, with Washington Mutual Mortgage Securities Corp. (“WMMSC”) being the surviving entity. WMMSC is filing this Form ABS 15-G on behalf of WaMu, as securitizer, in respect of all mortgage-backed securities representing interests in pools of residential mortgage loans for which WaMu acted as depositor and which are outstanding during the reporting period. On September 25, 2008, JPMorgan Chase Bank, National Association (“JPMCB”) acquired the banking operations of Washington Mutual Bank from the Federal Deposit Insurance Corporation (“FDIC”). It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership. Assets are reported herein in accordance with Rule 15Ga-1 regardless of the validity of the demand or defenses thereto, and nothing in this report shall constitute, or be deemed, a waiver of any rights, defenses, powers or privileges of any party relating to these assets.
https://www.sec.gov/Archives/edgar/data/1317069/000092963824000440/wamuasset_abs15g.htm
So the update that we're in the money came to us last year February 14, 2023.
I would say that things are definitely wrapping up and that word SOON is more accurate then ever.
All WaMu Asset Acceptance Corp reportings litigation for years until Feb 14, 2023 were in the money
https://www.sec.gov/cgi-bin/browse-edgar?filenum=025-01131&action=getcompany
Thank you johnconfer! Excellent find!
I believe we finally have solid proof we are in the money.
Documented and dated
02/08/2024
Lodas!
I'm curious how you can explain away that WaMu asset Acceptance Corp is worth 20 billion plus and has merged with WMMSC which belongs to the parent co WMI and incase you forgot ALL CREDITORS have been paid.
If you do include the bonds of 14 billion you still have 6 billion left (btw jpm assumed the bonds according to por7)
And on top of that don't forget
Long Beach Securities Corp. 1 ABS-15G —
2/8/24
Yes it has to be 25 billion plus by now by interest alone.
I'm sure someone has the worth and latest filing for WaMu asset Acceptance Corp.
I went back to check and Now I'm fully convinced this was updated right under our noses. I posted back with Bizreader
And I specifically spoke about the new updated document concerning WaMu asset Acceptance Corp. And my last words were JPM still content certain liabilities remain with the FDIC
FredMiller
Re: Bizreader post# 710299
Thursday, 06/01/2023 2:38:45 PM
I definitely have some kind of hope for sticking around.
Only 2 items
Washington mutual asset Corp. That just hit the doc's a month or so ago that JPM still content certain liabilities remain with the FDIC
And
yes the FDIC
Glta
NEWS!!! We got WaMu asset Acceptance Corp!
It's ours! I don't remember reading that it merged with anything that had to do with WMI
This is huge news. I always remember that it was JPM position that the FDIC has certain liabilities.... da da da da da I believe this has been updated under our noses. WaMu asset Acceptance Corp is worth 20 billion. I'd say we have our proof we are in the money. It merged with WMMSC the
surviving entity
Coupon Payment Date 6/15/2024
Things that make you go Hmmmmmmmmmmmmm
https://markets.businessinsider.com/bonds/7_250-washington-mutual-preferred-funding-cayman-i-bond-usg9463gaa60
appreciate the response thanks!
Thanks!
Thank you for your input. Very much appreciated garyhalvo!
Thank you DarkB4Dawn,
Does the W-9 imply cash distribution only? and I'm mistakenly believing shares require a W-9?
I appreciate your response!
Can someone remind me the significance and weight of the W-9. I remember a few arguments on this board giving me an impression that its one more pebble on the Scale and Balance of proof we are in the money. Just curious to as to how a
W-9 gives one hope or means more than just a tax requirement.
Looking for the meat and potatoes of this W-9 opinion other than the obvious "were paid" explanation.
I completed a W-9 when agreeing to plan 7 because it was a guarantee payout to shareholders. Once March 12, 2012 hit I received my promised shares for this Event hence a W-9 was required for tax liability. And so forth 2015 or 16 when we received a second share distribution.
Other than this what is the significance and argument made by pro escrow believers that a W-9 is more proof we are "IN THE MONEY"
I've seen the back and forth but never truly understood the idea why a W-9 is proof.
Can anyone shed some light?
tia
I'll admit I've never seen that before either. Nice find
Thanks for the reply,
I have no legal knowledge, I'm sure you can correct me but I thought that if assets/Assets suddenly appeared then Rosen would (because he represents the wamu estate) come back in court along with the Honorable Judge and then they would just acknowledged the assets/Assets in court and then began dividing monetized assets according to the plan (whatever that plan maybe as its be dragged around here for years).
not picking a bone, just a thought I had that makes sense. I just don't know how you divide things up without formally acknowledging them First in court. Such as Kmart. Kmart is not in comparison I know because the bk was still open and juggling things around. Our bk has been closed for years so I'd just like to hear your opinion again about it if you don't mind repeating yourself.
tia
That part "go after" has never sat quite right with me.
Hero or zero
I just hope Brian Rosen is an honorable man and will surprise all of us that he was just doing his job that was too high of a pay grade for us to understand. Which is your coined phrase "Administrative hold"
Thank you for that. Your time and explanation is very much appreciated. Happy holidays!
I understand your side and appreciate your honesty on the recovery of ct's. Are you waiting for the possibility for Lehman to reorganize (common stock)? If not CT's then what possibilities do you see if you don't mind sharing. I thought Lehman bk would have ended by now. Been holding common's since 2008 and ct's since 2015.
Don't know much but would appreciate your thoughts. Tia
Here's to hoping this MORtgage stock bankruptcy comes back to life
I hope your day gets better and you have a blessed Thanksgiving with friends and family
Everyone can agree on that, MORjority rules
That's interesting
Thanks for sharing!
Things are getting exciting
Thank you Bizreader!
Very interesting indeed
Ok got it. Thanks. Couldn't wrap my mind around that one. Convoluted indeed
Wow that's a lot!
I'm still confused as to Who is going to pay the settlement.
London interbank (LIBOR) or JPM?
Does anyone have a link to the court files or any press releases?
Thank you for the reply
Can someone explain to me just WHO is going to pay this 80-150 billion settlement.
London interbank?
Or is JPM on the hook for the mistake of the Interest rate the London bank set (LIBOR)?
I'm not following where this settlement money originally comes from.
tia board
Thanks AZ
Monetized as in assets are earning revenue.
Assets are earning revenue!
Your example of commercial paper goes out 125 years.
We are saying the same thing.
The problem is we need to prove these assets exists and are earning revenue (Monetize/Monetized) so we can demand our LTI's
I hope we get something
IF the assets have been MONETIZED!!
And they certainly have been.!
I sent this to William K. Our gate keeper years ago but was told I don't get any.
I was Not surprised!?!?!?
IMHO
If we somehow prove these assets currently exist and are MAKING money that could be how we get the ball rolling by demanding our LTI's
Thanks raggie,
too bad the filed Date of this docket is 11/12/2010
POR 7 & the GSA smoothed all this out.
Oh well, it was nice to hope for a few days
Thanks RD