Subsequent Events

6 Months Ended

Jun. 30, 2015

Subsequent Events [Abstract]

Subsequent Events

Note 14: Subsequent Events

At June 30, 2015, WMIH held $0.4 million in restricted cash which had been received from WMMRC prior to June 30, 2015. Prior to this transfer the use of these assets was restricted as described in Note 11: Restriction on Distribution of Net Assets from Subsidiary. This cash was transferred to WMIH as restricted cash upon approval for distribution by the Insurance Commissioner of the State of Hawaii. On July 10, 2015, WMIH made a partial redemption of Second Lien Runoff Notes in the amount of $365 thousand and additionally paid $5 thousand of Second Lien Runoff Note interest in cash.  The principal balance of the Second Lien Runoff Notes, after this reduction, totaled $28.8 million as of July 10, 2015.