News Focus
News Focus
icon url

AZCowboy

04/25/18 2:08 PM

#517545 RE: boarddork #517542

~ Board, It’s Actually Better or More’ Than That ~

... WAAC was actually merged into WMMSC ...

Originally there were TWO WMI’ ABS-Cert packaging locations, both were managed by T Lehmann, ... one in Vernon Hills, IL. and one in Seattle, WA.

... it has always been my own opinion, that the WMMSC SEC Quarterly Reported Numbers, are actually closer to the ... Servicing Financial Mark, and the February 12th, 2018, 15(g) Reports, reporting as of 12/31/2017, to be most relevant ...

AZ
icon url

jerrylev

04/25/18 2:40 PM

#517554 RE: boarddork #517542

Re: If WAAC had these $13B in assets under required SEC reporting 6-12 months ago, and is no longer reporting any activity in the last 6 months....IS THIS A SIGN these assets have been vacated from WAAC and moved towards management underneath the upcoming merger with Nationstar?

I think WACC and the other entities were bought by JPM on top of the 1.9B initial purchase.

No assets will go to NSM / WMIH except for servicing.