News Focus
News Focus
Followers 80
Posts 10432
Boards Moderated 0
Alias Born 06/05/2014

Re: Mr_Simpson72 post# 519038

Monday, 05/14/2018 4:15:21 AM

Monday, May 14, 2018 4:15:21 AM

Post# of 749756
And how do you explain that they repeated over and over again that they were looking in a broad range of industries if they explicitly needed a mortgage business?

For example in the Series B Amendment, page 4 (=PDF page 5/6)

http://wmih-corp.com/wp-content/uploads/2014/06/Website-WMIH-Extension-Public-Presentation-12-12-2017_1142912301.pdf

• Insurance
• Consumer finance / mortgage
• Specialty lending / leasing
• Fleet management



Or here:

https://www.sec.gov/Archives/edgar/data/933136/000156459018004269/wmih-10k_20171231.htm

During the year ended December 31, 2017 we focused primarily on acquisition targets in the financial services industry, including companies with consumer finance, commercial finance, specialty finance, leasing and insurance operations.




Your post:

1000% correct... & they needed the right deal one in Mortgage industry... because let’s face it WAMU Trusts were all comprised of mortgages.

So all the pieces of the puzzle seem to fit perfectly. 2018 should be the year of revelations...




---------------------------------------------------------
- Just my personal opinion, no investment advice! -
---------------------------------------------------------

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today