Thursday, September 29, 2016 9:54:15 PM
So either there is complete anarchy regarding the mortgage file and Billions of mortgage paying value are left in the dark and security investors collection certificate income are abandoned (lol - of course not) , or someone else is doing (from now going forward) what JPM has provided for the last 8 years.
Lets see......who has Fairfield and Gallagher as distressed mortgage asset managers on their team? We do (WMIH). Who owns the equity appreciative value going forward? We do (WMIH).
Now, icing on the cake? who owns the asset value that WMIH owns the equity appreciation of? We do - THOSE WHO RELEASED that is.....
LT and WMIH are gonna have to work together to sort out shared ownership of WMIIC assets. So if LT owns the base asset value, and WMIH gets the appreciate equity from the base value, hows WMIH gonna get control and maximize their value going forward?
Haha, I know......who has 3.5B shares authorized? WMIH. WMIH needs to buy out escrow's base asset value to maximize their appreciative equity value. Cant have 2 cooks in the kitchen.
HLCE to us, and happy trails to those who didn't release.
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