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Friday, March 25, 2016 7:42:35 PM
For those still trying to sell tax attributes - I never heard of something so ridiculous with highly intelligent investor lawyers. What do you think - tax attributes? This is a VERY LARGE NO! All one has to do is apply SOME COMMON SENSE to understand why they all tried for years to cancel equity - THEY FAILED YEAH Susman/Willingham TEAM!
***DO NOT FORGET***THEY GOT CAUGHT***YES, THEY GOT CAUGHT***
Keep in mind, this does not include the 100 billion that was also collected during the last seven years from the former Enterprise called WaMu. Yeah! Also keep in mind, the figures below represent values and levels during crisis year 2008 so maybe one could double these numbers.
As of June 30, 2008, Washington Mutual Bank had total assets of US$ 307 billion, with 2,239 retail branch offices operating in 15 states, with 4,932 ATMs, and 43,198 employees. It held liabilities in the form of deposits of $188.3 billion, and owed $82.9 billion to the Federal Home Loan Bank, and had subordinated debt of $7.8 billion. It held as assets of $118.9 billion in single-family loans, of which $52.9 billion were "option adjustable rate mortgages" (Option ARMs), with $16 billion in subprime mortgage loans, and $53.4 billion of Home Equity lines of Credit (HELOCs) and credit cards receivables of $10.6 billion. It was servicing for itself and other banks loans totaling $689.7 billion, of which $442.7 were for other banks. It had non-performing assets of $11.6 billion, including $3.23 billion in payment option ARMs and $3.0 billion in subprime mortgage loans.
Have I told you lately how much MORE and MORE I TRULY LOVE my Escrow Shares?
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