"WMIH's SIC code was 'bank charter' for a long time, now its SIC CODE is '6199 financial services'."
That's correct...and, (just going on memory), it was changed last year?...year before? You should know this. It was discussed as a topic on Boardpost. Azcowboy made a huge deal out of WMIH still having a bank charter SIC Code. I believe it was Sleepless that left a phone message with WMIH inquiring if the SIC code was correct or in error. A few days later the SIC Code was changed to '6199 financial services'. Just saying...it didn't just happen recently, which you seem to be alluding to.
Well, as to whether the 8-k is nothing interesting, I beg to differ.....
- WMIH's SIC code was 'bank charter' for a long time, now its SIC CODE is '6199 financial services'.
- click on other 6199 SIC code business and you see lots of ABS, RMBS, MBS, and other trusts including liquidating trusts, as I listed from that page.
- I also find KKR Financial Holdings, that KKR took private and dark a couple years ago, having the same SIC code 6199 interesting...considering their involvement in WMIH.
- IF WMIH were to inherit the non-liquid ABS that JPM (as prior bridge bank/servicer) no longer performs maintenance on, as of September 28, 2016, I find it quite coincidental now.
Also, Azcowboy's post shows that the SIC code was changed from 'SIC: 6035 - SAVINGS INSTITUTION, FEDERALLY CHARTERED' to 'SIC: 6199 - FINANCE SERVICES' in May 2015. Just saying...
Quote from: azcowboy on May 23, 2015, 09:59:42 AM
T's .... --------------------------------------------------------------- Below is ~ From May 23rd, 2015
WMIH CORP. CIK#: 0000933136 (see all company filings)
SIC: 6199 - FINANCE SERVICES State location: WA | State of Inc.: DE | Fiscal Year End: 1231 formerly: WASHINGTON MUTUAL INC (filings through 2006-10-12) formerly: WASHINGTON MUTUAL, INC (filings through 2012-03-20) formerly: WMI HOLDINGS CORP. (filings through 2015-05-08) (Assistant Director Office: 7) --------------------------------------------------------------- Below is ~ From May 14th, 2015'
SIC: 6035 - SAVINGS INSTITUTION, FEDERALLY CHARTERED State location: WA | State of Inc.: DE | Fiscal Year End: 1231 formerly: WASHINGTON MUTUAL INC (filings through 2006-10-12) formerly: WASHINGTON MUTUAL, INC (filings through 2012-03-20) formerly: WMI HOLDINGS CORP. (filings through 2015-05-08) (Assistant Director Office: 7)