Financial Analyst
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All I know is this, we (Escrows) have a seat at the trough, and that will not change.What is going to be fed to us ,is the Billion dollar question.
Hot Meat, It was stated in court that EC could go after the assets ,as they will still be there,as per stated by counsel.
I think we all remember the infamous "Scriveners Error", to this day we have not seen a factual Asset List, except off course to the ones who want to hide the real assets.I.M.O
So what are they getting a management fee for?
Ownership.Ownership.Ownership.Thats what the case merited.
Contingency basis,if one could find a Law firm to take it on.
If there is a Law society in the U.S ,then there is the possibility to file a complaint against the Law Firms for not carrying out their Fiduciary duties, re Wamu?
Well, I will take the ride into Fantasy Land with The Hedge Fund train,I am positive that they have some of the most astute conductors on-board,I have my tickets to ride. 1341 P specials that is.
The fantasy of all the Hedge Funds that they will reap a substantial payout.
They must have a Case team managing something, when you charge for 3-4 people(Or more) 1/2 Mill,per quarter, If there is nothing there then you need only a token entity to put a name to the charges .I would think the BOD audit committee (If they have one)would not approve such billings,if empty Assets/liabilities. I.M.O
Any one have a idea of how much the claims came to? Looks like the FDIC is now going ahead and pay all the Golden Parachutes and Employees claims? Must be enough on hand in the kitty to do so.
Their mindset is the same ,as the other players,e.g Board/trustees ect, say nothing unless forced by circumstance after the facts.
The recipient list is telling us ,who are the possible adversaries, and who might be working for WMIC/LT .Some names are very familiar.
And if all the DD done on this board has even a 50% merit, a trial will never happen. I.M.O
The redacted lines could be in reference to all goods/assets taken illegally ,and now must be returned .We have a lot of prejudice from adversaries,so a trial to establish ownership is contemplated.The facts and law however should settle the matter soon . I.M.O
LT going after the goods that certain parties do not want to return?
Thats 2017 ,when we get to see it.The marbles are rollijng along nicely.
Is the proper code required for Annual Tax return classification, and if so ,taxes may be due on all the returns?
That 24 Bil. will return at least 5x the present share price .as been said the 3.5 Bil shares will be used by the LT, so even a 24Bil return is min.
I.M.O
The Escrows are truly the icings on the cakes.As I invested 35k in its heyday at aprox. 25-27$ Per share ,my return will be at least 12% per year ,if only a cover of $100.00 per P. So if full pay out my P,s I can eat the cake and icing too.I do love/dislike the Escrows, as there is nothing one can do with them at this period of time but dream positively that Justice will prevail.
Tanjazie" is this probable why Jpm issued 165bill in bonds to cover?
I believe after all the DD done by a certain few on this board that as Boris said,The big funds are not in this for pennies.We are riding their coat tails,and the outcome was programmed long ago.A.I.M.O
Boris,Thats why they know when its coming,hence the lack of lawsuits and adversary actions on their part. You can bet someone has been turned for the amount of $$$$ coming back.So we ride on their backs.The returns have to be huge.IMO
Inter[/img]esting article re patient attached. Could he be a candidate ?
[url][/url][tag]insert-text-here[/tag]Firefighter Bo Cooper, subject of a successful social media fundraising campaign, has been preliminarily accepted into a therapy trial in the United States, his family says. In a Tuesday evening Facebook post, Cooper's father Rob said doctors at the National Institute of Health Clincal Centre in Maryland have agreed to try Cooper in a CAR T-Cell therapy trial that his family hopes will combat his cancer. Bo still needs to wait to find out whether he will move forward in the trial, according to Rob Van Hecke, a captain with the Fort McMurray Fire Department serving as a spokesperson for the family. "Today they started taking out the cells that are required to be taken out, but they (still) have to see that they're going to respond properly," Van Hecke said. "And that takes at least a week before they'll know for sure that he's 100% a candidate." "There is some caution with this right now." The family says the United States National Institute of Health has also promised some funding for Cooper, but it's unclear how much will be covered and how much money they'll still need to pay for Cooper's
Nothing is clean in this BK,so the best is a MAJOR M&A.IMO
Cura.Would the the PPS have to go to $25.00 to make the asset buys? And does this tie in to the uplisting to NAS prior to a M&A so the big boys can play/
Cura. Do you think that the PPS will have to go to $25.00 to make the assets buys? And the listing to NAS,prior to a M&A so the the big boys can play?
WAMU-Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments – Loan Sales- and Securitization-Related Indemnifications (Details)
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments - Loan Sales- and Securitization-Related Indemnifications (Details) (USD $)
12 Months Ended
48 Months Ended
0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2008
Oct. 25, 2013
Nov. 15, 2013
trust
Summary of changes in mortgage repurchase liability
Repurchase liability at beginning of period
$ 681,000,000 $ 2,811,000,000 $ 3,557,000,000
Net realized gains/(losses)
53,000,000 (1,561,000,000) (1,158,000,000)
Reclassification to Litigation Reserve
0 (179,000,000) 0
Provision for repurchase losses
(459,000,000) (390,000,000) 412,000,000
Repurchase liability at end of period
275,000,000 681,000,000 2,811,000,000
Amount of residential mortgage loans, private-label securitization by Washington Mutual
165,000,000,000
Amount of residential mortgage loans, private-label securitization by Washington Mutual, Repaid
78,000,000,000
Amount of residential mortgage loans, private-label securitization by Washington Mutual, Liquidated
49,000,000,000
Percent of residential mortgage loans originally sold or deposited into private-label securitization by Washington Mutual, Average Loss Severity
59.00%
Amount of residential mortgage loans, private-label securitization by Washington Mutual, Remaining
38,000,000,000
Days Past Due, 60 or More
Summary of changes in mortgage repurchase liability
Amount of residential mortgage loans, private-label securitization by Washington Mutual, Remaining
8,000,000,000
Loans sold with recourse
Loans sold with recourse
Indemnification Agreements Loan Sale And Securitization Loans Sold With Recourse Contractual Amount
6,063,000,000
7,692,000,000
Indemnification Agreements, Loan Sale and Securitization, Loans Sold with Recourse: Carrying Value
102,000,000
131,000,000
Warranty Reserves | Mortgage repurchase liability
Summary of changes in mortgage repurchase liability
Repurchase liability at end of period
275,000,000
681,000,000
Repurchase Make-Whole Settlements | Warranty Reserves | Mortgage repurchase liability
Summary of changes in mortgage repurchase liability
Net realized gains/(losses)
(11,000,000)
(414,000,000)
(524,000,000)
Reserves for New Mortgage Loans Sold During the Period | Warranty Reserves | Mortgage repurchase liability
Summary of changes in mortgage repurchase liability
Valuation Allowances and Reserves, Provision
4,000,000
20,000,000
112,000,000
Residential Real Estate [Member]
Summary of changes in mortgage repurchase liability
Period past due, credit analysis factors, charge off criteria
60 days
Mortgage Backed Securities Litigation and Regulatory Investigations
Summary of changes in mortgage repurchase liability
Amount to resolve Fannie Mae’s and Freddie Mac’s repurchase claims associated with whole loan purchases from 2000 to 2008
1,100,000,000
Mortgage Backed Securities Litigation Related to MBS Offerings Issued By JPMC and Bear Stearns
Summary of changes in mortgage repurchase liability
Litigation settlement, amount
$ 4,500,000,000
Number of MBS for which repurchase and servicing claims have been or could have been assumed
330
Number of trustees for the MBS trusts
7
Number of MBS trusts for which Offer is Accepted In Part or In Whole
319
Number of MBS trusts Excluded from the Settlement In Part or In Whole
16
Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By Washington Mutual
Summary of changes in mortgage repurchase liability
Number of institutional MBS investors directing or threatening litigation
JPM 10k.I have one on my desk top.
I expect a heavy trading day,if people in the know whats coming.IMO
Meach: I think that PPS is about to take off.Its too balanced,so a imminent PR might be the catalyst .I.M.O
Duggal and Minev work /collaborate at Genelux.
BobbyR, My feelings also. We are on the edge of life changing medical break throughs.I have a substantial interest in this stock, but monetary achievement does not outweigh the benefits to the worlds cancer patients. RGBP
You probably paid around $25-$40 a piece right?.For "P,s"
Volume :2001 at .20 US @10:10AM
Received mine in RBC Direct. Regardless of a none price,on the preferred, they are however free.It will be interesting to see at what price they will trade later on.
Maybe the shares are held up at the border, for screening.lol
Nada. Last time it took a few days to show up. By then it might have a price on it.
Canadian. Did you receive anything yet from RBC Direct?
I cannot believe you sold the Preferred as the Market has not set a price on them yet. You are disseminating erroneous info.