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Subsequent Events
6 Months Ended
Jun. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events

Note 14: Subsequent Events

On July 1, 2013, WMIHC repaid $2.9 million of principal and $30 thousand of interest relating to the Runoff Notes. The funds used to make the foregoing payments were received by WMIHC during the quarter ended June 30, 2013 from WMMRC.

On July 8, 2013, WMIHC received $15.0 million in cash from WMMRC. Prior to this transfer the use of these assets was restricted as described in Note 12: Restriction on Distribution of Net Assets from Subsidiary. This cash was transferred to WMIHC as restricted cash upon approval for distribution by the Insurance Commissioner of the State of Hawaii. On September 1, 2013, the restricted cash is required to be used to pay principal totaling approximately $12.1 million and interest of approximately $2.9 million on the Runoff Notes in accordance with the Indentures.