Replies to post #536607 on Mr Cooper Group Inc (COOP)

[contrarian bull]

Hopefully this info helps other WAMU owners too - I'm not looking for personal investment advice in a public forum. (yes I am)
I greatly appreciate any help for us WAMU shareholders to come up to speed.

I bought WAMU back in 2003. Bought again in 2007. Bought tens of thousands more shares in 2009/10. May have been WAMUQ or at least changed names to that for a while. I mainly bought thinking there was a lot of book value that others were ignoring.

After that things in my records get murky. I had a bunch of shares titled "Washington Mutual Inc Bankruptcy Election Exp 3/7/2012" which I think were some sort of marker that disappeared around the time that WMIH appeared. I assume those were converted to the WMIH shares or maybe cash?

So as a pre-seizure holder does it matter if I did or did not sign a release?

Sorry but I track this in Quicken which sucks and I may have recorded some of the share conversions as splits and sales.

I assume that any benefit us old shareholders might see will be a fraction of our original investment... but if it seems like it might be worth the research I can pull my old statements out of the basement. Unfortunately Schwab seems to have deleted all of that transaction history and is merely dragging along my original investment amount for capital gain recording purposes, and much of that got erased as I did some buying and selling over the last 5 years due to FIFO accounting.

If you received shares of WMIH in 2012 you either did sign the Release or were a pre-seizure holder of WAMU. If you did not Release then it is very unlikely that you will receive any distributions from the WMILT. If you did then you're okay.