News Focus
News Focus
icon url

novascotiaSTS

02/22/25 12:10 PM

#739034 RE: AZCowboy #739032

Many thanks!

Obviously there are no details on the “…NINE Trusts (that's nine lode' NOT 7' LOL) were ALL Simultaneously Moved…“ in WMIH‘s SEC filings

As of Dec 2012 WMIH disclosed assets of 339 M according to the ink.
icon url

dragoon76

02/22/25 4:26 PM

#739040 RE: AZCowboy #739032

Thank you!!
icon url

PickStocks

02/22/25 5:51 PM

#739043 RE: AZCowboy #739032

Yes.....Cactus is not only an accredited investor....friends with Doreen and is friends with the inner circle....but is an OG......we are saved....tell everyone even though they signed and verified their sign releases that you are not guaranteeing there will be a distribution from the three trusts.......
icon url

PickStocks

10/05/25 2:31 AM

#748765 RE: AZCowboy #739032

Thank you for the reference links…

There is no authoritative list that ties WMI/WMILT distributions to Wells Fargo MBS trust CUSIPs, FDIC, or JPM for former WMI equity. The record shows:
WMILT handled all plan distributions (cash, stock, notes, disputed-equity escrow) and completed its final cash distribution on/about Jan 10, 2020, then wound down/closed.

DTC deleted the trading CUSIPs for WMI common/preferred in March 2012; later Escrow CUSIPs existed only as DTC placeholder positions for potential WMIH/COOP stock distributions—not for any Wells Fargo/FDIC/JPM flows.

Wells Fargo MBS trusts pay their own certificate CUSIPs (trust-specific), which are legally separate from WMI equity/WMILT. FDIC’s WMB receivership and JPM’s P&A are likewise separate silos; no ongoing payout line to old WMI equity exists in COOP/10-Ks.

What is documented (with cites)
Plan/WMILT distributions: WMI 2012 10-K and narrative: Trust formed; ~$6.5B distributed per Plan soon after effectiveness; Disputed Equity Escrow mechanics described.

Final WMILT distribution/wind-down: Court approval (Dec 2019) and press releases announcing final ~$39M distribution on/about Jan 10, 2020, then close.

DTC CUSIP status: DELETE notices for 939322103 (common) and 939322814 (preferred) on Mar 20, 2012.

Escrow CUSIPs (what they were): DTC maintained Escrow CUSIPs to deliver WMIH common, if any, not cash from trustees/FDIC/JPM. (WMILT explainer + 2017 8-K exhibit.)

Ongoing disclosures: WMIH/COOP 10-Ks discuss the Trust relationship/TSA, disputed-equity escrow share counts, and later the Nationstar/Mr. Cooper transformation—no line item of pending WMILT/FDIC/JPM distributions to legacy equity.

What doesn’t exist
A cross-registry “list of CUSIPs” showing Wells Fargo trust ? WMILT/FDIC/JPM payout mapping for WMI equity. Different regimes, different beneficiaries:
Wells Fargo MBS trust CUSIPs ? pay trust certificate holders under that trust’s PSA/waterfall.
WMILT ? paid Plan classes (incl. stock via Disputed Equity Escrow and final cash to Class 18) and is closed.
FDIC WMB receivership/JPM P&A ? banking-entity matters, not residual value to old WMI equity.

If you want concrete artifacts to keep
WMI 2012 10-K (formation of WMILT; initial ~$6.5B distributions; Disputed Equity Escrow).

WMILT “Escrow CUSIPs” explanations (2015 PR; 2017 8-K exhibit).

Final distribution notices (Dec 2019 / Jan 2020) and closing orders.

DTC delete notice for legacy trading CUSIPs (proof the equity CUSIPs carry no live entitlement).
DTCC
Bottom line: No Wells-Fargo-trust/FDIC/JPM “distribution list” is tied to 939322 103/814/830 or other WMI equity CUSIPs. Any value flowed through WMILT and finished in Jan 2020; DTC’s Escrow CUSIPs were only a stock-delivery rail (if any), not a trust/FDIC/JPM payout channel.