~ TriDaddy, See If This Helps ~

The D.C. Litigation That held up the entire WMIIC / WMI Class Segregated Trust “Cash & participation value” releasing mechanism, continued on beyond the WMIIC / WMI Plan 7’ Implementation, “due to the fact” that the WMB Noteholders refused a WMI Debtors Offering of a Plan 6’ WMI Class 12 General Unsecured Placement ... Plan 6 Failed because bankruptcy’s Rule 510 “Subordination” was able to be legally forced upon the WMI debtor ... and the dual tracking litigation in D.C. continued to the eventual Globic’ Settlement ... now completed

The WMB Tranche 5 Class 17 ad-hoc settling steering committee obviously ended up being satisfied within their settlement agreement achieved ...

So, now as I began telling everyone in early December of 2017’ to watch the newco, It Is The Tell’ ... (shares were able to be purchased for $.75 or less through Feb 2018) was because as calculated on a 360 Day year, the WMB Tranche 5 Class 17’ Supporting Trusts’ would now be legally free to perform at their next semi-annual date’ ... the February 2018’, release of the 15(g) reports, Reporting As Of 12/31/2017 ... solidified the process ...

... Now we Also see WMIH-Corp, able to financially move forward as well ...

Now, ... Back to your question ... since WMIH-Corp is now all of a sudden able to move forward, ... and since WMIH-Corp has absolutely zero to do with the Original WMB Notes, ... and since WMI’s securitization process used was the same for all Debt and Cash Earning Offerings, ... It is my own opinion that, the Trusts, ALL of the Trusts, will ALL begin to function without legal restrictions ...

... Brought forward from Plan 6, The WMB Tranche 5 Class 17’ Releases will be realized upon receipt of their distributions ... everyone else already released in order to “Participate” ... or should have’

Helpful ?

AZ

~ Nope, I Don't See Any Legal Reason ~

These are all forward moving conditions of Court Approved' ... "Settlements" ... NOT' Legal Court Ordered' Mandates' ... there's a difference

Plan 7's reorganization of WMIIC / WMI, was the result of a Settlement' ...

The D.C. Dual Track, was the result of a Settlement' ...

... I say We' are good because the Massive Original Values' are still there, and now have also been accumulating' ...

As I originally very carefully followed and studied Plan 6, and HOW' The need to Transition to Plan 7 occurred, with the forced legal accommodation of Rule 510', ... like everyone involved, Institution and Individual alike, ... I am waiting for the 2nd' (2 of 2) Settlement Result' ...

It is my opinion that Plan 6' designed for the WMIIC / WMI reorganized company to shelter the massive returns generated by the WMI participated within Trusts' from any public review', (Plan 6's participation requirements were steep') ... Plan 7 gave everyone an opportunity to "Participate" ...

I'm watching closely for a WMB Tranche 5 Class 17 "Now Settled Upon" distribution to the existing Direct Owners of the Original WMB Fixed Income' Noteholder Program, which activates the Class 17 Releases' ... It is Also my opinion that ... others' ... will also benefit at that exact very same time, ... including "The Tell", WMIH-Corp.

My best suggestion to everyone would be to NOT' be distracted by the WMI-LT', ... regarding anything financially relevant' ?, the WMI-LT is merely a Pass-Through ... (~ No I Will Never be Issued An LTI ~) ... remember that one ? ...

AZ

~ LG, Yes WMIH-Corp Will’ Show US’ The Way Forward ~

Neither the newco, WMIH-Corp ... nor the, ... WMB Tranche 5 Class 17 ad-hoc Settlement Steering Committee, ... have anything to do with the WMI-LT, ... which as you know, I believe has confused many’ ... (purposely) ...

AZ

Mr(y) Penny, I find You To Be Credible As Well ~

I find Your posts to be interesting, educational, and most of all important to what we are supposed to be here for, ... Honest' Views ...

You actually have me becoming interested in the process of Metal Detection' ...

... Thanks To All Of The Honesty' ... and to those that have truly tried', to help the greater group ...

Oh And P.S., ... I only pay attention to very few myself' ...

AZ

~ DmDmD2020, You Are Always Welcome ~

I actually appreciate you being serious regarding these issues, ... Everyone Obviously Isn't ... ? ... as my posted words are now, once again, being twisted' ...

This is where, what I will refer to as, "the sequenced legal separation" will quickly become financially important to all of those involved, ... as We' are now able to, Watch The Newco, WMIH-Corp., ... Once it was obvious that after Globic', the Settlement', the D.C. Litigation was actually being completed in California, the newco' WMIH-Corp severed itself from the BK's Tranche Matrix and originally issued debt', as announced last 10/02/2017' ... when WMIH-Corp prematurely' completed the payment for the Notes' ...

... Now, back to the sequenced legal separations' ...

The "separation" between both original filers' WMIIC & WMI ...

The "separation" of the Venue Change' for the, the "WMI Action", the Dual Tracking Litigation ...

The "separation" between the WMI' Classes', given a Plan 7 opportunity to "Participate" ...

The "separation" between Plan 7's Tranches 1 through Tranche 4, as WMI's Creditors, and then as Rule 510 was Forced, the WMB Tranche 5 acknowledgement, and then returning back to WMI for an acknowledgement and completion of Tranche 6' ...

The "separation" and' "differences" between WMB's Classes 17' & 18', and WMI's Classes 19' & 22' ...

The "separation" between the Still Open WMIIC / WMI Delaware Bankruptcy's, and the Reorganized newco', ... WMIH-Corp ...

and finally, the "separation" between the remaining business between the FDIC & JPMC, as the transition occurring upon the original seizure of WMI's Bank, ... WMB ...to JPMC', is not yet quite completed' ...

... * "Class 17 will have deemed to have released upon receipt of its distribution" ... (those WMB' class 17 releases are necessary to the process)

... * "If you own WMB senior or subordinated debt', your claim is acknowledged by your ownership" ... (~ Know What You Own ~)

AZ

~ That Is Not What I Posted ~

... My original presentation, post # 522328, That You Obviously found a need to misrepresent ... ? ...

~ Bob, Yeppers’, Finally Right ? ~

... This is just absolutely excellent in my view’, ... as an Actual Direct Owner, watching these WMB Fixed Income Holdings get properly updated in my own accounts, in preparation for an obvious event’, ... ? ... is truly amazing, now that We’, have all followed the process through Delaware and D.C., then to Judge Claster’s Court in CA., ... and through the final requirements being completed as of 12/31/2017’ ...

... Again, I truly believe that Everyone will financially benefit at the completion of these Settlements, now able to be free to move forward ...

... WMIH-Corp, ... The WMB Noteholders, ... and the WMI Class Released ... “Participants” ...

ADDED; (Oh Yeah, ... and all of those other guys as well, ... KKR, NSM. etc, etc, etc)

just sayin’

AZ

~ Lodas, And Let Me Add’ ~

Since ... We’, ... ARE and HAVE Been Dealing with private equity and hedge funds’, ... the, pps controlling embedded derivative was necessary, since none of them could ever trust’ each other ...

AZ

~ Nope, No Changes / Updates Today (Not Yet) ~

... Yesterday’s updated ... “Nts” ... “Notice of Trustee Sale” ... put me in an Absolutely Excellent mood’ ... (however, I’m generally always in a good mood’, LOL) ...

As an “Actual”, Direct Owner of the WMB Tranche 5 Class 17 Fixed Income Notes, ... I have monitored my own accounts ... every day’, ... ever since I began accumulating them, quite a number of years ago ...

AZ

~ Nope, That ISN'T Consistent With The DS ~

... "Due To The Fact That Class 17(b) DID NOT Have Any Claims Against The Estate, Distributions May Flow Freely To Subsequent Classes" ...

... It's Currently Open Season' on any and all "subsequent classes" ... Now that the "Settlements" Have All Been Completed' ... Watch WMIH-Corp ... the newco' isn't going to miss out on ANYTHING Financially Relevant ...

Right Now, It Is The The WMB Tranche 5 Class 17 "Releases", that need to be secured, and as stated, ... will be automatically activated' ... upon receipt of their distribution' ...

... This ?, was all very carefully planned out long ago' ... But here we still are, just the same' ...

AZ

~ Matt, Yes That Is Correct ~

The Plan 7 Court Approved NON-CREDITOR Claimants, are pari-pasu within their return with Class 22' ... The Actual Owners of the Company' ...

... All properly done' ...

AZ

~ This ?, Is Going To Get Serious Quickly' ~

... Prepare' ... as usual, I acknowledge zero nonsense' ...

and remember, ... Plan 7 Tranche 6 Designated Class Releasing Participants, were given an opportunity to "Participate", in the Plan 7 Court Approved WMIIC / WMI Plan of Reorganization' ...

... Tranche 6, Class Releasing Class 19's and Class 22's ... DID NOT HAVE Any Claims against the Estate Acknowledged' ... Those Classes were Only given an opportunity to "Participate" ... period' ...

The Court Assigned FJR' (Federal Judgement Rate .0195%) is specific to the Court Approved Non-Creditor Claimants' ...

AZ

~ Matt, That Is Correct ~

However, ... IF ? ... I may add,

"if preferred shareholders are not paid in full or they receive 1 dollar more than they are entitled to"

as you post, it is the latter that is properly included, when the specific loss ratios aligned with any original supported debt offerings, also need to be considered' ...

NO Original Debt Offering Supported Positions, ARE ABLE TO Collect, more than they are actually entitled to, ...

It Is The The Common Share Owners of the Actual Corporation, whether past or present tense, ... OWN The Company' ...

AZ

~ BoardDork, Thanks For Following My Presentations ~

In an effort to help the greater group, ... The more relevant point I was making for everyone involved was, since the securitization process Washington Mutual Inc. utilized was the same for all of its debt offerings', whether they were WMB or WMI, ... Then ?, ALL Original Releasing Class Owners, - INCLUDING WMIH-CORP - Should All Benefit at the very same time that the WMB Tranche 5 Class 17 Noteholders Do' ...

It has only been the WMB Tranche 5 Class 17 Noteholders, (the ad-hoc Steering Committee), that have given me trackable insight into the (dual tracking) process and now that the process is obviously being completed', ... it is my own opinion, ... that the "Direct Owners" of the WMB Fixed Income are currently able to witness these updates in preparation for the final result' ... which should positively affect all of the Class Designated Releasing "Participants" in Plan 7 as well' ... WMIH-CORP, too' ...

AZ

~ Hmmm’, Maybe I Should Just Stop “Updating” ? ~

When purchasing Fixed Income Issued Debt’, ... There is Direct Ownership (as I have purchased), ... and, ... There are also purchases legally allowed to be provided from a secondary offering provider’, such as provided for by a company like etrade’, ...

(if etrade is compliant with FINRA, then etrade will benefit ... if a secondary buyer from etrade, is not individually FINRA compliant ?, then etrade does not have to honor those holdings, and can legally keep those potential returns) ...

... IF’ ? ... an owner of WMB Tranche 5 Class 17 Fixed Income, is showing and considered to be a Direct Owner ?, One that has followed the FINRA Ownership Guidelines ?, ... then, all is well ...

... IF’ ? ... one has simply fallen prey to a flippant secondary offering ?, ... then probably there will be, “no soup for you” ...

As WMI was obviously a multinational ?, ... I haven’t studied any other countries regulated forums, ... Only What Was Legally Necessary For Me’, ... As a US Purchaser of the WMB Tranche 5 Class 17 Fixed Income ... I followed the FINRA regulations for each purchase’ ... and so I’m able to experience these Direct Ownership Updates ...

I do know that, Ones Accounts will need to be in proper order’ ... ~ Know What You Own ~

AZ

~ Here Would Be My Best' Public Answer ~

As I have Posted many Times, I very, very, carefully followed the Dual Tracking Litigation, ALSO going on to an eventual "Settlement" Achieved in D.C., and subsequently completed in CA. ... just last year 2017'

During this process, after I secured my own "Participation" in Plan 7's WMIIC / WMI Settlement (reorganization), ... I focused on accumulating the WMB Fixed Income Debt ... available, though difficult, but still able to be acuired with the application of tenacity' while the D.C Dual Track continued to be litigated beyond Plan 7's WMIIC / WMI Implementation Date in D.C. ... (originally the, the "WMI Action")

... I USE'(d) a Multi-National "Fixed Income Bond Desk" (22 world wide platforms), that Specifically Offered "Direct Ownership", while mandating that each purchase made, of the WMB Fixed Income Notes' was 100% compliant with FINRA', as I am a U.S. Purchaser ...

... The Tranche 5 WMB Class 17 Notes, are specific to form', ... They are calculated at 1,000 Euro's (as of yesterday', the transitional rate is, 1 Euro = $1.18), with an original minimum participation of 50,000 Euro's per Note' ... This ?, is why the FINRA Regulations for a U.S. Purchaser were so very strict' ... Each Country's Multi-National Participating Forum has different requirements' ...

So, ... WHAT BROKER ?, OR WHO I CHOSE TO USE ? after my own extreme study and research ?, ... Isn't Relevant or Important', ... It Is The Guidelines That Are and have always been Important', ... as We' have people (Institutions and Individuals), from all over the world here', and the Great WaMu was obviously a Multi-National' ...

... The Tranche 5 Class 17 Purchases, became impossible by March of 2016' ...

My Best Answer'

AZ

~ Calgary, Yes I Believe So As Well ~

AZ

~ WMB Tranche 5 Class 17 "UPDATE" ~

... WMB Class 17’, has been updating now into the third week’, ...

This Morning, Now Showing ... "Nts" ... "Notice Of Trustee Sale" ...

(Everyone Already Knows WHO' The Securitized Trustee(s) Are, Right ?, aligned with a majority of (not all of), WMI's Securitization process for obviously WMB Class 17, But Also For WMI Class 19, and WMI Class 22 respectfully' ... )

The Broker Directed, "Survivor Benefit" is now showing ... NO' ...

The "Underlying Stock Symbol" Has NOW' Been Removed'

the “Support” has already now updated

Now showing “Registered” (multi-national)

listed as, non-sinking fund(s)’

Not’ Listed in default’

a semi-annual dividend is still assigned (next up is early July 2018, calculated on a 360 day year')

In My Opinion, the WMB Tranche 5 Class 17 is setting up for a distribution payment' ahead of the WMIH-Corp / NSM "Merger", ... which initiates the Tranche 5 WMB Class 17 Releases', Brought Forward' From Plan 6's Failed' submission ... Yeppers, Those Class 17 Releases are still needed' ...

Now listed as "Sinking Fund" with NO' "Survivor Benefit" means a completion to the "Settlement" ... Distributions will be made to Active Accounts Only', and the Class 17' Releases' will be swiftly realized' ...

Again, WMB Tranche 5 Class 17 had its releases brought forward from Plan 6’, ... and ... “will have deemed to have release upon receipt of their distribution”, ... (ALL of the Original Plan 7' Class Releases need to be intact,)

=============================================================

Sorry Guys, But there is NO’, 75/25 to the end’, ... each individual WMI class of original ownership released’ is specific to its original WMI support’

AZ

~ Yes, I Do ~

At the WMI' Plan 7 Implementation, There ended up being only' roughly 1.215 billion WMI (wamuq) common shares, out of the original WMI 1.7 billion common shares (wamuq), out at the time, which submitted proper documentation in order to be able to "Participate" in Plan 7's Settlement' ... (roughly only 60%)

The original WMI common share holdings (wamuq), ... were ALWAYS' going to end up being quite valuable - obviously' - so the less participating and releasing uq's ?, the smaller the ending (shareable) pool would be' ... (shameful)

... NOW', ... be prepared though, ... I can not be sure of just exactly HOW' this wamuq process' ends up, ... but In My Opinion, when I consider Bray, Fairfield & Gallagher, comparatively to the others', ... I believe it would have to have a Cash & a Share issuing component'

The Class 17's are all Cash' and the Class 19's are mostly Cash'

AZ

~ Zero' ? Just Isn't Possible ~

The WMB Tranche 5 Class 17 Fixed Income Bonds, "currently updating", can be tracked by an individual "Direct Owner" (like myself)' ...

The Original Three Tranches of the WMB Tranche 5 Class 17 Fixed Income Bonds', and their Actual "Packaged Trust Support", Originally Issued out of the UK, ... Can and have also been able to be tracked to their Valuation' ...

Washington Mutual Inc., used the exact same "securitization process" for all of its original offerings, ... WMB as well as WMI'

It Is My Opinion and' My Conclusion that the 15(g) update (available in Feb 2018), showing "as of 12/31/2017" was important', considering the multi-national registrations being a calculation of a 360 day year ... (the month considerations end on the 30th)

... If' ? ... I am correct', ... The now Legally Settled "Accumulated Cash", will begin to be released beginning on July 9th through the end of July' ... aligned with the WMB Tranche 5 Class 17 Fixed Income Bonds, semi-annual distributions' ... and the financially positive process will move forward from there'

When the WMB Tranche 5 Class 17's receive their distributions ?, ... Their Releases, Brought Forward From Plan 6, Become Intact, ... AND' ... WMIH-Corp as well as the WMI Class 19's and Class 22's will ALL' benefit at the same time' ... (that' is my opinion and conclusion)

... the WMB' Tranche 5 Class 17's, neither need nor do they care about the WMI-LT' ... and for the other Class 19 and Class 22 Already' Releasing Owners, the WMI-LT will only be needed to be used as a "Pass-Through Mechanism" ...

Watch WMIH-Corp', ... I'm not the only one that has sequenced and tracked both' relevant "Dual Tracking" Cases' ... Delaware and D.C. ...

AZ

~ The WMI-LT Is Primarily A Pass-Through "Tool / Mechanism" ~

... "other than" ... just exactly what the WMI-LT reports in its SEC Filed QSR's (quarterly summary reports) ... that's it' ...

No, LTI's will be issued beyond what the Class 17a's already received' at Plan 7's Implementation 03/19/2012 for their "fees and expenses" needing to be used', within their need to litigate to the Plan 7 result ...

There Is No, 75/25 to the end' ... either' ...

The LT's last hurrah is in February of 2019' ... the CIC', financially aligned with a DCR' ... it doesn't matter'

Then ? If ?, there are any leftovers ?, ... a RE-Distribution of any of the LT's leftovers is possible' ... Only' ...

Watch the newco, WMIH-Corp, ... the WMI-LT is not able to provide any meaningful financial recovery for anyone' ... Not For what is truly financially relevant ? The WMI-LT is merely a Pass-Through Mechanism ... (a Delaware Registered Grantors Trust)

AZ

~ Bob, Nope I'm Not Forgetting The Holiday ~

Brought forward from Plan 6, I do know that the WMB Class 17 Releases are still outstanding and are still needed', ... I'm merely considering the WMB Tranche 5 Class 17 Bonds' predetermined semi-annual distribution dates, which are calculated on a 360 day year' ... (12*30/360) ...

... So, as they state, mid December and mid July ...

... But ?', ... I'm also willing and able to, "wait and see" and watch the newco, WMIH-Corp, as ... We' ... get closer and closer to the forward positive financial moves coming on the near horizon' ...

(as a few remember and a few need to constantly remind me', I tried using the IRS Five Year Capital Loss time limit for a possibility ... ? ... (03/19/2012 - 03/192017) ... However, That ?, didn't work out, so now ?, I just wait ... ( ~ Everyone Waits Together ~ ) Institution and Individual, Alike'

just sayin'

AZ

~ Just Some Rough Common Share Numbers ~

Washington Mutual Inc., ... had’ 3,000,000,000 common shares available, ... using some 1,700,000,000 at the time of the 2008 seizure ...

WMIH-Corp. ... has’ 3,500,000,000 common shares available, ... currently using some 207,000,000 ...

... I’ve always found the lopsided effect of this ... interesting ...

... Bring on the conversion of the WMIH-Corp. Preferreds A’s and the B’s into’ WMIH-Corp common shares, ... and let’s get that Restricted Cash moved, ... disabling that Embedded Derivative ...

This “Party”, should start in July of 2018’ ... ( ? )

just sayin’

AZ

~ Mufa, I Agree Yes, It Is Good News ~

Being able to watch my own WMB Fixed Income Holdings Update’, (WMB Tranche 5 Class 17), over these last few weeks, Has Been Very Encouraging ... this is why I wanted to share these updates with you guys as well’ ... I believe all of the Class securitizations followed the exact same WMI Innovative process, ... whether being an original WMB Offering or a WMI Offering ...

I believe the WMB Bank Bondholders, referred to as the, ad-hoc Steering Committee, negotiated the forward moves around their first available semi-annual distribution date beyond the finalization of the Settlement, 12/31/2017’’, ...

The Class 17’s wanted their distributions, activating their Own Release’, ... First’, ... with the WMIH-Corp / NSM merger then able to be financially supported with WMIH-Corp(s) portion of its own’ cash returns also arriving ... as well as everyone else’s, ...

if I am correct ?, All of the Trust produced accumulation of “Cash”, Should ALL begin to show up simultaneously ... ALL Classes’ ...

... it’s all good ...

AZ

~ No, WMB Class 17' Has Zero To Do With WMIH-Corp ~

However, ... The WMI Original Securitized Trusts, whether they were a Rule 144a issues or a multi-national issue' ... ALL' Function in the exact same manner' ...

... WMIH-Corp is also "up", and "on deck" to be a Receiving Participant' ...

AZ

~ Bob Yes, ... We Will All Be Just Fine' ~

I can watch these updates "currently" going on in my own "Direct Ownership" Broker Managed, Tranche 5 Class 17 WMB Fixed Income Bond' Account' ...

I cannot emphasize enough how important it is for ALL' of the Releases to be intact is' ...

With my long time studied and researched knowledge of the Trusts and the Securitization Process WMI Used, ... and now with the Settlements being secured, ... Again, ... It is my conclusion that WMIH-Corp, as well as the Original Releasing Classes will benefit at the same time' ...

AZ

~ WMI's Original Securitization Process Being The Same ~

... It is my conclusion that WMIH-Corp, ... along with the Supported Classes, ... will begin to realize their Class Segregated Distributions at the very same time' ...

The issuing of this accumulated "Cash", is where the Class 17 Releases will be activated from, ... And', ... HOW WMIH-Corp, is able to BUY' NSM ...

AZ

~ WMB Tranche 5 Class 17 "UPDATE" ~

... WMB Class 17’, has been updating now into the third week’, ...

The Broker Directed, "Survivor Benefit" is now showing ... NO' ...

The "Underlying Stock Symbol" Has NOW' Been Removed'

the “Support” has already now updated

Now showing “Registered” (multi-national)

listed as, non-sinking fund(s)’

Not’ Listed in default’

a semi-annual dividend is still assigned (next up is early July 2018)

In My Opinion, the WMB Tranche 5 Class 17 is setting up for a distribution payment' ahead of the WMIH-Corp / NSM "Merger", ... which initiates the Class 17 Releases' ... Those Class 17 Releases are needed' ...

Now listed as "Sinking Fund" with NO' "Survivor Benefit" means a completion to the "Settlement" ... Distributions will be made to Active Accounts Only', and the Class 17' Releases will be swift' ...

WMB Tranche 5 Class 17 had its releases brought forward from Plan 6’, ... and ... “will have deemed to have release upon receipt of their distribution”, ... (ALL of the Original Plan 7' Class Releases need to be intact)

=============================================================

Sorry Guys, But there is NO’, 75/25 to the end’, ... each individual WMI class of original ownership released’ is specific to its original WMI support’

... prepare’, ...

~ LG, You Have Always Been "Civil" ~

Although Yes, We' DO' Disagree on a few of the points of distinct clarity,

As YOU' actually do know me, I won't argue or debate you here, not here in some silly school yard fashion, where typing skills in lieu of intelligence and experience in the investment and legal world are ?, or should be most relevant' ...

... The "Trusts" have continued to perform, as I can watch them reporting their distributions on a monthly basis' ... Our Own' percentages of return have just not been "Released" yet', But those accumulated funds will be, as We' can ALL' now watch the forward movements of WMIH-Corp. (Yes, It Is and Always has Been' The Tell') ...

Ever since the Memorial Day WeekEnd, I have been watching MY OWN Class 17 positions update in preparation for their distributions, which initiates their Release' ... there was just another update on them just yesterday' ... Those Class 17 "Releases" will need to be intact for the process moving forward, otherwise the WMB Bank Noteholders, known as the "ad-hoc Steering Committee" to the D.C. Dual Track (which lead to the Globic' Settlement), will surely have a problem' ...

I'm willing and quite financially able to watch the process, as it is thankfully beginning to move forward' ...

Everyone, is waiting together at the exact very same time for the exact very same reasons, ... A WaMu produced massive ROI' ... Institutions, Individuals, NSM, KKR, and most of all WMIH-Corp as the "Reorganized" and Greatly Innovative', Washington Mutual Inc. ...

... ~ Only WE' were never originally considered nor were WE', ever expected to still be here ~ The WaMu narrative' as well as the newco's pps, was always expected to be able to be controlled' ...

Good Luck to you

AZ

~ I’m Sure Because Of My Own Large Amount Of Personal Cash Invested DEMANDED Study & Research ~

I have a lot more placed on numerous WaMu participation’s then any Road King costs ... newco commons, 17’s, 19’s, 22’s ... ? ...

... I don’t guess regarding big numbers, ... not ever’, ... I can also afford to be here, and don’t ever buy what I’ll need to quickly sell when investing ...

No One Ever On Any Discussion Board, has ever moved me’, not’ without my own review ... consider ?, Yes but then verify the possibility ...

The WMB Class 17’s are moving, when I begin to see distributions ?, my Class 17’s will have released’, ... WMIH-Corp will then also’, receive cash back as well, ... don’t worry, I’ll be gone soon’, ... but until then ? ... there are quite a large number of followers listed on my ID, ... check yourself, and lil’ miss numbers, compared to posts’ ... (64 / 14845 ? ), ... (46 / 3900 ? ), ... LOL, (sorry but only dogs ROF, ... I only LOL)

just sayin’

AZ

~ BoardDork, Yes It Will Be Interesting To See’ How This Plays Out’ ~

I do know that some of this compulsive obsessive behavior being posted by a few’ (lil’ miss confused pfffft’, (LOL) and a few others), ... is definitely unhealthy wishful thinking, to say the least’, ... their choices have been made’, and that part of the forward moving process was locked in’, ... a very, very, long time ago’ ~ Know What You Own ~

Also, Amending Filings is always expected around here’, ... so I’m sure there are at least TWO more Amended S-4’s coming, maybe more ...

My own early presentations regarding JPM only being able to receive the servicing rights, made a few nuttzzzo, back then’, and,

The realization that the 75/25 being limited to any possible remains in the LT only’, is also making a few nuttzzzo’, ... but, “it is what it is” ... and truly doesn’t matter

Plan 7, gave the segregated releasing class owners, an opportunity to be able to “Participate” ...

Anyway, I’m watching the newco, WMIH-Corp as well as everything else, ... the Class 17’s updating currently is a big deal, IMO’, ... those Class 17’ Releases need to be intact’ ...

Also, The Restricted Cash needs to move converting the A’s and B’s to WMIH-Corp commons, ... it’s been the WMI-LT that has gone out of its way to cause so much confusion ... purposely ... nothing will hold this financial monster back’, ... WMIH-Corp is on the move, and, ... IS the Tell’,

AZ

~ Upper' Yep' That Is Correct ~

The unstudied misunderstandings, and the "Slick" wording that has been provided, doesn't matter' ...

One can not start at the WMI Reorganizations (Specific) LT and work backwards' ... the legal process simply doesn't work that way ...

One must START at WMI', stay specific to it', ... and then work toward what the LT' was needed for' ... as SEC revealed in the LT's QSR's ... only'

A few of you are stuck on this total nonsense of 75/25 to the end' ... you will be disappointed ... the releases to Participate' in Plan 7, were Class Specific

AZ

~ PM, IMO It Would Have To Be A Combination of Both' For The 22's ~

... Tranche 6 Class 22', Would Need to Receive A Combination of ... Both', ... An Initial Equaling Cash Component, plus' an issue of Common Shares of WMIH-Corp' ...

That ?, is how I see things moving forward, ... again,

"Tranche 5 Class 17’s ... “Cash”

Tranche 6 Class 19’s (P’s) ... “Cash” plus a new WMIH-Corp preferred issue’ WHHMP ?' (perpetual)

Tranche 6’ Class 19’s (K’s) ... get redeemed plus a non cumulative dividend payment (redeemable)

Tranche 6 Class 22’s (wamuq's) ... the Common Share Owners of the Original WMI Estate ... WMIH-Corp needs its own (3.5 billion available') common shares, to accommodate a partnered ownership of the reorganized company’ ... An Initial Returning Cash Component' plus Common Shares would address this'

... "Everyone", ... is waiting for the receipt of the original "Cash" returns, generated over all of these years', ... WMIH-Corp is also waiting' ...

... If you review what Bray, Fairfield, and Gallagher, actually receive at the "Merger's" completion, (S-4) ... They' ALL Also receive a consideration of What Will Be' A consideration of Both, which is also a bit lopsided from what the original BOD's (M Willingham & Group), currently have' ...

... It IS', the WMIH-Corp Common Shares, that are currently being protected ...

AZ

~ Mr. C@@L’, (Juschillin) ~

Yes probably’, ... Common Shareholders always Own the Company ... Always’, ... whether one refers to WMI’, WMIH-Corp’, NSM’, or “Disney” ... That’s why all of this 75/25 to the end load of nonsense is deceptive ... and very, very, Wrong ...

Newco, can Issue you Shares for what you Own, ... AND ... Newco, can announce a dividend, ... aligned with its own common shareholders ... remember, WMIIC / WMI, ... reorganized into the present tense, WMIH-Corp ...

AZ

~ DmDmD, Yes That Would Be A Reasonable Percentage ~

Most (just not all), ... of the 19’s were originally aligned with option arms and helocs, ... so yes, ... Most would now be within their either, refinanced completed contracts, or Cash’, ... I also “Firmly”, believe that this is also the base nucleus of where the “Initial”, Cash infusion is coming to WMIH-Corp’ from, at the very same time ...

... WMIH-Corp, like many of us’, is also a participant ... and will receive a benefit along with us as well’

AZ

~ BoardDork, Here Are My Own Opinions ~

It “currently” appears to me’ that the WMB Tranche 5 Class 17’s are being “Broker” prepared, for the Direct Owners of same, to receive their distributions, ... (DTC) ... activating the original WMB Class 17’s (now settled with Globic’), ... legal process and their necessary ... “Releases” ...

Now, ... The WMB Noteholder Program, Originally Issued Out of The UK’, ... (WMB Tranche 5 Class 17’), ... doesn’t have anything to do with the reorganized WMI, ... WMIH-Corp’, ...

... However’, ... Both’ have the exact same securitization processes, originally utilized by WMI the parent Corp., ... in common’, ... this is important ...

So, while I can monitor my own Class 17 ownership progression currently going on, ... I also believe the same is ALSO going on with the Class 19’s ... We’, ... just can’t see it, NOT QUITE YET’ ... WMIH-Corp is actually in control’ of these WMI (Exchange Event Transitioned), ... Series’

So, again in my opinion, ... When My Class 17’s receive a distribution ? So will my Class 19’s ...

There is a difference though, ... it appears to me that the Three Tranches of the Original WMB Noteholder Program, ... should be ALL’, “Cash” by now, ... and’, ... The Original WMI Preferred should be just MOSTLY’, “Cash”, ... just not quite all’, ... there are a few Class 19’ tranches that hold RMBS fixed rate 30 year mortgages, ... I believe WMIH-Corp will use the WHHMP series to accommodate those that originally own these, ...

So, ...

Tranche 5 Class 17’s ... “Cash”

Tranche 6 Class 19’s (P’s) ... “Cash” plus a new preferred issue’ (perpetual)

Tranche 6’ Class 19’s (K’s) ... get redeemed plus a non cumulative dividend payment (redeemable)

Tranche 6 Class 22’s ... Common Share Owners of the Original WMI Estate ... WMIH-Corp needs its own common shares, to accommodate a partnered ownership of the reorganized company’ ...

Remember, ... WMIH-Corp, is truly the reorganized WMIIC / WMI

AZ

~ FredMiller1999, Yeppers’ You Are On It ~

I won’t, can’t, nor should, give any buy, sell, or hold, suggestions (ever) ... only legal process reveals and relevant discussion points’, ... some ?, have been met with ?, flat out misleading information and / or unstudied gibberish (LOL) ...

... I actually find Some of these presentations quite humorous ... the good news is’ ?, ... none of it matters at this point in time’, ... “it is what it is”, ... seriously’ ...

The reorganized WMIIC / WMI was always earmarked to be an eventual financial leviathan’, ... now available with ownership of WMIH-Corp Shares ... period ... all other WaMu ownership choices to “Participate” in the segregated Classes ?, were made long, long, ago

Among other WaMu Class Ownership, ... I’m actually also’ a “Direct Issue”, WMB Tranche 5 Class 17 Bond Owner, ... that followed the FINRA Regulations while purchasing, ... so it’s hilarious for me to see some of these unstudied posts by a few regarding issues they continue to be confused about’ ...

AZ

~ It's Actually Quite A Short Walk ~

The WMB Tranche 5 Class 17' ... Bonds', ... Originally Issued Out of the UK', ... (multi-national)

... Won Their Case in D.C. ... (the dual track)

... and, have ABSOLUTELY ZERO to do with the WMI-LT ... (thankfully)

... Regarding Reorganized WMIIC / WMI, WMIH-Corp' ... ? ... the securitization process being the same, ... this means the "Trusts" are free to begin to distribute', ... Now, to the Actual WMB Noteholders, (WMB Tranche 5 Class 17), as well as to the newco, WMIH-Corp ... ("Cash" returns are on the way)

Watch your WMI' Class 19's ... they (WaMu) used the same securitization process' as the WMB EuroNotes', ... and remember, P's are perpetual, ... K's are redeemable ...

Your Common Share wamuq' ownership markers, are a depiction of the Original WMI Estate Ownership' ... now partnered in original WMIIC / WMI estate ownership, with the reorganized newco', WMIH-Corp'

AZ

~ ItsMyOption, YES' This Is Exciting ~

I have always' believed the WMB Tranche 5 Class 17' "Releases" would (also) need to be properly secured prior to any relevant financial moves' ... and, ... it surely appears that they are getting put into proper format for a receipt of their "Distributions", (currently showing DTC Eligible), ... again, which activates their release, originally brought forward from Plan 6' ...

(Globic' Settled by the ad-hoc Steering Committee, The WMB Bond Holders)

Tranche 5 Class 18 (employee claimants), doesn't affect us' with its BK Court assigned DCR, and the BK Courts date for their final CIC' Ruling is set for February of 2019' ...

Yeppers' We are Thankfully moving forward' ... Keep Your Eyes on The Newco', WMIH-Corp ... That "Restricted Cash", needs to move' ...

AZ

~ WMB Tranche 5 Class 17 "UPDATE" ~

... WMB Class 17’, has been updating, now into the second week’, ...

Today' The "Underlying Stock Symbol" Has NOW' Been Removed'

the “Support” has already now updated

Now showing “Registered” (multi-national)

listed as, non-sinking fund(s)’

Not’ Listed in default’

a semi-annual dividend is still assigned (next up is early July 2018)

In My Opinion, the WMB Tranche 5 Class 17 is setting up for payment' ahead of the WMIH-Corp / NSM "Merger", ... Those Class 17 Releases are needed' ...

WMB Tranche 5 Class 17 had its releases brought forward from Plan 6’, ... and ... “will have deemed to have release upon receipt of their distribution”, ... (ALL Releases need to be intact)

=============================================================

This is like being able to watch Dr. Frankenstein Put Together a Financial Monster' ... Everything is coming together'

Sorry Guys, But there is NO’, 75/25 to the end’, ... each individual WMI class of original ownership released’ is specific to its original WMI support’

... prepare’, ...

AZ