Followers | 202 |
Posts | 13856 |
Boards Moderated | 3 |
Alias Born | 10/26/2008 |
Sunday, March 18, 2018 2:52:27 PM
This is all my view based on facts that have happened including filings
• JPM/DB/FDIC Settled 65 Billion Face Amount MBS Suit with 645 Million Transferred to JPM during 9/2017, 600 million disbursed end of Feb/2018 to (?) investors
• Page 159/160 - settling trusts. The trustees are currently in the process of determining allocation amounts for each trust. The Firm expects to make payments pursuant to this settlement by January 2018.
https://seekingalpha.com/filing/3747109?app=1&uprof=14
• On 6/23/2017, four of the subsidiaries were merged with and into the last remaining subsidiary, WaMu 1031 Exchange. The Trust received $444,333 on 6/27/2017.
• 12/08/2017 WaMu 1031 Exchange dissolved
• New funding went into effect on 1/5/2018
• JPM raises a total of 4 Billion in two separate offerings on 1/17/2018
https://www.sec.gov/Archives/edgar/data/19617/000119312518011992/d418733dfwp.htm
https://www.sec.gov/Archives/edgar/data/19617/000119312518011987/d418757dfwp.htm
• WMIIC dissolved on 1/18/2018
• WMIH announces QA with NSM on 2/13/2018
• NSM CEO announces 2/13/2018 that Supplemental Information forthcoming in coming weeks
• WMIH merger documents state Proxy MUST be issued within 25 BUSINESS days of merger filing
• Counting Feb. 14 forward 25 business days which includes a holiday will be 3/21/2018
• Last 20 minutes of WMIH trading on 3/16/2018 with a total of 3.8 million shares traded up .16
• Most shares traded in last 20 minutes suggests a “Material Development” is happening
• With 25 business days happening on 3/21, I suggest an 8K filing Monday morning 3/19/2018
• I will further posit the Proxy will be filed increasing WMIH share price substantially above $4.00
• The NASDAQ Global Select minimum bid is $4.00 a share that MUST be met by 5/12/2018
• Pages 70-72 of Transcript Link Below
We also have in there the part (b) of what is to be retained, and that is because in
negotiations that we had with all of the settling parties, with the equity committee
last week, with the FDIC, we did talk a great deal about the concept of the retained
Now, it's my position, Your Honor, that the examiner doesn't need to do
much with the retained assets other than say the assets are retained and therefore
the liquidating trust can go ahead and pursue them. They will still be there; they
can be carried through. But I understand that the equity committee is very
interested in having a neutral third party do an investigation of those retained assets.
http://www.sidedraught.com/stocks/WashingtonMutual/Transcripts/2010%20July%2020/08-12229-20100720.pdf
Have I told you lately how much more, more and more I love my Escrow ShareMarkers that continues to grow immensely every single day forward?
Recent COOP News
- Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference • Business Wire • 09/03/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:17:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:09:25 PM
- Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes • Business Wire • 07/29/2024 08:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:24:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 08:20:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 11:00:12 AM
- FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS • PR Newswire (US) • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar • Business Wire • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024 • Business Wire • 07/11/2024 08:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:33:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:26:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:22:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:19:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:17:44 PM
- Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required • Business Wire • 05/22/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/15/2024 12:11:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:12:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM