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jhdf51

05/19/18 1:42 PM

#519611 RE: Large Green #519609

I agree...nothing gonna happen till merger happens...so we need to put our patience on back burner a bit longer because Im thinking September..

JHD
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jerrylev

05/19/18 1:44 PM

#519612 RE: Large Green #519609

First of all, your S4V doctrine goes from theory to hypothesis or suggestion.

Secondly, WMIH is a post BK public company and has nothing to do with WAMU anymore.

Thirdly, the issuance of shares for KKR and the reduction of shares ownership by Fortress have to do with giving the control to KKR as number 1 position and Fortress as number 2 position. There will be no more shares issuance at least in the next 3-4 years because otherwise rule 382 will be triggered and the NOL will be killed.

There is no such thing as issuing shares for escrow SH so that we will be "the same" as before the WAMU seizure. F&R or not, it is a done deal and we have signed RELEASE.

Escrow will be paid by WMILT and perhaps also FDIC-R but not NSM + WMIH.
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etzetrade

05/19/18 2:28 PM

#519621 RE: Large Green #519609

On 6/3/2019, FnF will be united to provide Uniform MBS, and Federal Housing Administration is very possibly inviting all private institutions to participate the games. Then, we're.........gonna be one of the largest providers on all aspects in the markets.......originator, services, reinsurance, ....
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Reptile

05/19/18 5:07 PM

#519634 RE: Large Green #519609

Large, what are your thoughts on our preferred's back interest...actual cash or more shares instead??