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Re: WallSt_Gecko post# 481828

Saturday, 07/08/2017 1:42:51 PM

Saturday, July 08, 2017 1:42:51 PM

Post# of 730171
In WMIH's 10-Ks and 10-Qs, they list having only two Subsidiaries. Those being, WM Mortgage Reinsurance Company, Inc.(WMMRC) and WMI Investment Corp (WMIIC).

WMIH does not list Long Beach Mortgage Corporation as a Subsidiary in any of their 10-Ks or 10-Qs.

Therefore...

People:

I am not here to argue or persuade anyone.
But take a look what I found....


(1) From Bloomberg: Long Beach Mortgage Corporation operates as "a subsidiary of WMIH Corp"

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=4212018


(2) From Investopedia: Loan Servicing, 0.25% to 0.5% of the periodic interest payment

http://www.investopedia.com/terms/l/loan_servicing.asp

(3) WaMu 300B

300B x 0.25% x 10 Years (2008-2018) = you get the idea


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