WMIH is focused on identifying and consummating an accretive acquisition transaction across a broad array of industries. It is the direct parent of WM Mortgage Reinsurance Company, a Hawaii corporation(“WMMRC”), and WMI Investment, a Delaware corporation. On March 19, 2012, WMIH emerged from bankruptcy proceedings as the successor to Washington Mutual. Upon emergence from bankruptcy, they had limited operations other than WMMRC’s legacy reinsurance business, which is being operated in runoff mode and has not written any new business since September 26, 2008. They continue to operate WMMRC’s business in runoff mode and they are actively seeking acquisition opportunities across a broad array of industries.