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StillHoping

03/24/18 11:13 AM

#514652 RE: AZCowboy #514648


WMIH already paid WMI-LT what they owed them. The first and second lien notes that were distributed and fully redeemed by WMIH. WMIH doesn't owe anything to releasing holders. If it did do you think NSM would be foolish enough to make a deal with WMIH?

If you own WMIH shares, whether you bought them yesterday or you received them when you released in 2012, they are the same. Releasing holders are not going to get any special treatment from WMIH.
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ItsMyOption

03/24/18 11:25 AM

#514656 RE: AZCowboy #514648

AZ & LG if you both see a share for value exchange take place before shareholder vote. Would this dilution of shares have any negative effect for the NSM shareholder? I would think so.

I see value coming back, but it could also be in the form of managed assets - where and cash value get paid to escrow holders and remaining MBS/ABS go under managed servicing fee and no share for value exchange given out which would dilute share value.

This managed asset would be win win as the new company would grow by added servicing MBS/ABS and escrow holders would get dividend payments for long time.