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" every word in the Bible is your guide" Yes I know
2 Tim 2:15] Study to shew thyself approved unto God, a workman that needeth not to be ashamed, rightly dividing the word of truth.
Yes... He is more than amazing...
"Yes brother since 1960. I'm dead and transformed"
That's good to know that we will enjoy the riches of Christ
Eph.2
[7] That in the ages to come he might shew the exceeding riches of his grace in his kindness toward us through Christ Jesus.
Yes brother since 1960. I'm dead and transformed... I don't need any money...Remember Lex He has all power ( He made all the stars with 5 words) and is using WMI for purposes that we have no clue about...Enjoy the ride each day and in each day look to find His will for you that day...( every word in the Bible is your guide). He loves everyone as we are too...
We have nothing in our escrow accounts yet so its easy to say there is nothing for escrows. I get that.
But the numbers dont lie.
The 5th amendment doesnt lie.
The ongoing Libor suit doesnt lie.
Our escrow positions dont lie.
So look, I understand your dubious outlook...totally understandable.
Just be patient a bit longer. Even if you dont believe in all the other payment avenues surely you must believe Libor because its actually happening, now. Even Rosie said Libor was possible for us and he hated us.
Keep the faith.
Yes really soon….
LexTrader
Member Level
Re: wowalters post# 81590
Saturday, May 18, 2024 8:18:10 PM
Post#
81591
of 81591
I was born again in 1982 when I received the Lord Jesus Christ as my Savior. Now I'll ask you the same question
Have you been born again by trusting in the finished work of Christ on the cross for your sins by faith, not works?
And btw you posted this on the SNDD board fwiw
loda why did coop filed this in year 2020 about EQUITY?. "Pursuant to the plan,the liquidating trust assets are treated, for U.S. Federal income tax purposes, as having been transferred directly to the holders of claims or equity interests in satisfaction of their claims or cancellation of their equity interests"
Page 4/5
https://s1.q4cdn.com/275823140/files/doc_downloads/irw/IRS_forms_8937/Mr.-Cooper-Group-WMI-Liquidating-Trust-Disputed-Equity-Escrow-distributions.pdf
I like the $100 price targets now... could we be in the $90's "soon" ? Not a fan of the word "soon"... LOL
AIMHO, STRIKE
No problem, you are welcome Bill.
wowalters
Re: LexTrader post# 81574
Saturday, May 18, 2024 7:43:26 PM
Post#
81590
of 81590
"He most certainly is, but this is not anything that has the Lord's attention."
And He is before all things, and by Him all things consist. Have you given up your life to Him?
A lot of decision making happened and I’m glad I thought it out on my own without others opinions…..
committee, or any representation', and then later on, to follow the voting package insert, which recommended everyone vote against the plan ... 2/3 rds of the commons were needed to approve' ... magical how that actually happened' by a smidge' LOL' ?
He is just reporting what he saw in his account, today. He did not add any ‘interpretation’ to that ‘observation’. Last time he did, and I know you latch on to those statements.
most people on this message board who started this journey 15 years ago are old men now.. of you were in your 30's, you are approaching middle age now... if you were in your 50's, you are approaching old age now... if you were in your 70's, you are "old men now"... most of you that have expected money have long forgot why you are here now, and cant explain away the "lost years" to your wife and family. and why the money is not coming..... the "holy grail" of this whole WAMU/WMI experience has not produced one cent in return for giving up so many precious years that can never be replaced... so, what is being done to mitigate this huge loss"... it is Denial of the official facts, and transferring the shame to those that were telling you otherwise...I gave good advice to buy coop years ago when it was in the low dollar range...remember my slogan when I ended my posts that "chance favors the risk taker"?... I even gave option buy points and advice on how to sell put options, or sell covered calls on the coop stock that you had long.... all to no avail... I was called the devil. lupus, charlatan and many other undeserved names all because I posted contrary to what you were believing... so, be it... I made a huge gain for myself, and all my friends and neighbors when I was urging everyone to buy at .60 cents a long time ago...I made more than my fair and reasonable by trading stock and options in coop, while those that did not accept my advice to buy and sell options are still haggling over stuff that has long since washed under the bridge... simply, you lost, you are losers, and now hoping against all the official documents that "soon" you will receive money...I even gave BBANBOB a n options trade long ago which would have been successful, and all I got from him was "ignore"... so be it... Lodas
Quote: “and, they continue to be serviced by a Sub of XXXX (one of the Two XXXX's)”
Just tell your comrades who XXXX is and watch what happens
Quote: “Oh, and something NEW ... the WMB Notes that ol' cactus owns and Direct Purchased, ... NOW show "asset backed" ... as of this morning ... we are gettin' close ... “……soon…lol
~ Yep, I L@@K at-em' "Daily" ... the WMB Notes Are Showing "Not In Default", and NOW' showing "asset backed" ... and, they continue to be serviced by a Sub of XXXX (one of the Two XXXX's) LOL' ~
"the mr cooper group" was a 2018 necessary acquisition is all' ... Acquired by The Other XXXX' ... Yepperini', There's actually Two' ... LOL' ...
it's all good ... just ... ~ Watch Your Six~ ... is all ... and most importantly, ... know this,
there's these' ...
OMG! You still believe that AZCowboy provides credible information?
Wow. Great news !!! Thanks for sharing.
GLTA
~ XOOM, Well In My Opinion, "Libor's" Full Completion at this point in time, is merely an Excuse' ~
... COOP's Own Words ... "Mr. Cooper Group Inc is a home loan servicer" ... the mr cooper group was a 2018 acquired subsidiary group ... "COOP" ...
assets and Assets held outside of the WMI Holding Company's Chapter 11 Filing, ... Are Quite Easy-Peezy to Research, ... BOTH Pre BK and post reorganization'
Oh, and something NEW ... the WMB Notes that ol' cactus owns and Direct Purchased, ... NOW show "asset backed" ... as of this morning ... we are gettin' close ...
=================
Thanks AZ. IYO how much of an actual impact do you feel LIBOR has on actual timing at least for the first bucket, or do think the first bucket is independent of LIBOR. timing ?
TIA
Thanks, Boris, for your comforting words.
I have absolutely no doubts that any distribution will find its owners.
But I'm still missing the real proof that there will be any distributions.
Read last postings from UpTickMeA$AP and some others .. I can also understand them when they say nothing further will come. Read the topics again with the hedge fonds .. And you are still convinced ? Why ? We can discuss once again when you have got any information / confirmation from any hedge fonds .. up to now it is just wishful thinking in my opinion.. sorry to say .. but I still miss further confirmations .. we have nobody yet who gave any confirmation .. nobody from court, nobody from FDIC .. M.Willingham still seems to have to work, although he might get a lot of money according your predictions and so on and so on .. there are a lot of stories which also might give information that there will be no further distributions .. so try to get in contact with hedge fonds or somebody else .. I have too less knowledge about the docs etc etc .. we need somebody who knows about what he or she is talking about .. BUT AGAIN .. do something instead of just dreaming .. otherwise you will still dream the next 10 years, probably without any distributions .. when there won't be any distribution within this year you will be there with your dreams also next year and so on and so on .. great life!
Thank you she’s lived such a wonderful life, but of course you never want to see your mom going through anything like this, but she still remembers who I am.
Everyone who got the last distribution is still on the list. Computershare has our list and is prepared for further payouts to come.
So relax folks. If you got that last distribution you are golden. And the next one will be mega...
If there was a robbery……no charges filed….maybe invest in coop….just 10k current pps you close to being a millionaire
Initial payment……lol….jpm also made 30 billion…..11 billion….and from the GSA received 600+ million more….
Why are you trying to convince something is coming back…..can you guarantee anything is coming back for old escrows….
BTS, ‘initial payment’
You’re welcome Jhdf51. I hope it helps and better extend her quality of life.
LMAO!!! 😂
That's one of the best responses I've ever seen here!!! Flipping hilarious!!
There are no Walleyes for you.
JPM owns all the walleyes.
I'm going walleye fishing. You boys and girls enjoy your day trying to convince yourself of fantasy riches.
Cheers!! 😁
My parting question...
If the FDIC is sueing on YOUR behalf, for libor, in which you ASSUME hundreds of billions will flow to YOU.
Why do they maintain they don't, and won't even have enough to pay general unsecured creditors, which need to be paid before equity. And state they will have NOTHING for equity?
Who can? Are they still in existence?
Those in denial will always find a fantasy spin to feed it.
Been doing it for a decade and a half... Will probably do it til death do you part.
You guys keep saying this...
I'm here for $COOP...
I don't care if I convince anyone. Clearly, those in denial, will go to their grace waiting for what's never coming.
Even after their escrows were deleted, for being worthless with no further distribution, and the FDIC stating they don't even have enough to pay general unsecured creditors, and no distributions will reach equity, they still spin fantasies of distributions. So many lies here over the last decade and a half...
I also don't care, if after you fail to debunk what I reiterate from the FDIC, you turn to personal attacks, because you have nothing in reality backing you up.
Abusive irrelevant liars, roll off my shoulder. 😂
Voting in 2012 still alive.. so they can reproduce Escrows once again ..
They mean the same. One just uses an adverb.
Stop asking stupid questions over and over, that mean nothing.
Next
The trust ordered them deleted. Because they deemed them worthless with no further distribution. I can't talk on why one brokerage didn't follow that order, because I simply don't know.
Try calling, instead of email.. but again, they're under no obligation to discuss past tax information of theirs with a non client. It's hard to imagine they would.
A hedge fund isn't going to respond to anyone, other than their clients. I have emailed a few over the years about various topics, and never received a response. They are under zero obligation to anyone outside their clients.
Companies are mostly the same way. They will ignore non shareholders. Heck, I've even been ignored as one... 😂
I don’t get it. Why do you seem so desperate to convince us that nothing is coming back to old equity holders? What’s your purpose? By now, if I felt the way you feel, I would havre left this board a long time ago.
Seriously - you want to ask hedge funds to explain the facts to you which you have been ignoring for years?
And you actually believe that they will be willing to do this?
Good luck
If you actually believe that there are hidden & unreported billions of assets belonging to Escrows which have been undisclosed for more than 10 years you would have long talked to a lawyer who would have easily explained the facts to you.
Just as I thought....no answer, whatsoever.
Here's Bizreader's question again. Just in case you forgot it.
What's the difference between the two following phrases:
"It has nothing to do with..."
and
"It has absolutely nothing to do with..."?
Once again...please answer the question, Mr. Knowitall.
I know. I just wanted to say that one of my bigger brokers even did not delete the escrow positions. So UpTickMeA$AP was wrong with his statement that all brokers delete them .
And again - with former PREM request for the U's I got them restored as well for last distributions. So no problem to get them restored any time in case there will be further distributions. All discussions regarding this are waste of time. It would be better to get further information from the hedge funds. Write them emails again and again, try to reach them by phone etc etc .. Should be done by somebody who has enough knowledge to have a real good discussion with them ..
Quote: "You guys have attempted to attach fantasy riches to EVERYTHING under the sun, for a decade and a half... Conjecture, assumptions, lies, and fantasy... "
That's no good argument / proof that there still won't be something somewhen in the future .. you know what I mean .. Just real arguments will count, but not arguments that something will not happen because it hasn't happened yet. All speculations should be welcome, not just information that are written to papers.
The LTs markers were deleted.
The escrow positions were not. They are maintained in several places. You can even find them in your account history. Those positions can be easily reactivated at any time.
And they will be.
No that's wrong. Not everyone got them deleted.
I have 3 different account. Two brokers delete them, but one bigger european broker hasn't done this yet. So this is no indicator, also as DTC(C) can restore them anytime. Remember also the request for PREM (position removal). Some where asked between to confirm PREM for U's and because of a further distribution they had to un'PREM (restore) the U's once again.
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Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies.
Upon completion of the merger between WMIH Corp. and Nationstar Mortgage Holdings Inc. on July 31, 2018, WMIH became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper), Xome and Champion Mortgage (Nationstar Mortgage LLC d/b/a Champion).
As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome.
As early as late 2006, WaMu would begin to become a victim of what would eventually become the worst recession in US history since the Great Depression of 1929. WaMu's aggressive business strategy would begin to unfold throughout the end of 2006 and become increasingly disastrous through 2007. As housing rates were at all time highs before the recession began, WaMu would use its considerable leverage and assets to make large amounts of loans in both subprime mortgages and subprime credit cards. The banking division of WaMu at one point before the end of 2007 had nearly 336 stand-alone branch buildings where various types of home loans were processed and approved. WaMu would eventually over leverage themselves due to the high number of Adjustable Rate Mortgages (ARMs). As the US economy slowed down, the number of home loan defaults began to rise in quick succession. This coupled with the falling home prices throughout most of the US meant that even with foreclosures and the properties back in the hands of the company, they were unable to sell them back into the market, or were not able to derive enough revenue from the sale to cover the loan that was made on them. In the mean time, the credit card division was also seeing a surge in the number of late and non payments being made.
By September of 2008, WaMu's stock price had fallen to $2 from its previous highs of around $50 just two years earlier. Amid strong voices from the shareholders, then company CEO Kerry Killinger was dismissed by the company board. In the meantime, the company went looking for a buyer for part of its banking division. WaMu had been unsuccessful in finding an appropriate buy until its seizure by the FDIC. Overnight the companies banking division was bought by JP Morgan Chase in a secret deal brokered by the FDIC for 1.9 billion dollars. Washington Mutual Inc. has reorganized to Washington Mutual Holding Inc. WITH SHAREHOLDERS INTACT
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