mad4, likely, and maybe for a while...
...and that is why, from an acquisition point of view, the opportunities to WMIH to 'take advantage of a likely major correction are likely to increase.
...they already have the available capitalization in place, and the terms and conditions of making a transaction (or transactions).
...so there might be some good news (for WMIH holders) in the bad news of this potential market correction.
GLTY