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AZCowboy, what is the sequence now for escrows getting paid?
What "big players" are looking out for escrows? Would it be the some hedge funds.
Thanks David. That's not too bad. If there is, indeed, some money being held for escrows, that makes this long wait a little more tolerable.
What is the approximate interest rate on this?
"Remember we are also owed interest for all these years so the longer they wait the more we will get. Money in the bank."
So are the hedge funds that escrows "are in bed with" pissed about the long wait for their money? Anybody seen any adverse comments from any hedge funds that are waiting?
Thanks gary. Is 24 Billion the general consensus of what could be coming to escrows?
What would 24 billion amount to for escrows?
Who is the author of this quote?
"Based on this review and analysis, I have concluded that the Settlement is a reasonable resolution of the Action and an allocation methodology based on net losses is reasonable in the context of this case"
Probably many who released and got escrows have reached another age bracket waiting for them to materialize. lol
If it does not include allocation for escrows, what else could it mean besides escrows allocation?
Does this include escrow distribution payments? "an allocation methodology based on net losses is reasonable"
Looks to me like there is still a lot of "red tape" to deal with. My guess, escrows holders will wait until 2018 for results positive or negative.
Royal Dude, should we find this out at the hearing June 16?
What do you expect to know about escrows as a result of the June 16 hearing?
So 2 key dates coming up for escrows. June 16, 2017 and the "end all" Sept. 7, 2018. I'm thinking the latter is more likely.
hotmeat, what does this mean in terms of something definitive about escrows payouts? "The receivership is set to be officially closed"
Somebody please convince me that we'll know something definitive about the escrows payout by 2018. Is there an official deadline on this?
Does anybody have any connection to Tucker Carlson? I'd like to see him take on the Washington Mutual seizure. I feel he'd be much more proactive than "the spin stops here" Bill O'Reilly was.
Is doesn't appear that escrow holders have the option to actually know what's going on with their escrows. Am I wrong?
So when, at the latest, will escrow holders FINALLY know their fate?
Will escrow holders finally learn their fate by 2018?
It would be very interesting to get a Trump Administration reaction to the Washington Mutual seizure.
diamond, owning escrows all these years has been tough, too. I had no idea that it would take this long to find out if any substantial benefit would come from signing the release.
Why so long? Seems like a ridiculous duration to me.
Very much appreciated. You seem to have excellent communication skills. Thanks for being proactive on escrows behalf. Looking forward to the response.
That speaks volumes. O'Reilly and Hannity need to be "full court pressed" on this until these bastions for fairness respond. Does anybody ever get the opportunity to be with them in a "face up" situation? Or at one of their "town hall" set ups? Doesn't O'Reilly and Waters do some shows around the country where the audience can ask questions. Maybe young Waters would entertain some coverage of this if he understood the situation.
I still can't believe, with all the Washington Mutual people (employees and shareholders) affected by the seizure, someone doesn't know someone with some "clout" that could get someone's attention in high places. It truly befuddles me.
So Nate Thoma isn't a common escrows holder? Is he a preferred? I would think he'd be one or the other for the impact he had. Sorry something more tangible has come from his noble efforts.
I would really like to hear his current take on this fiasco.
Wonder if we could get Nate Thoma to head that group?
This JPM/Washington Mutual/FDIC deal was bizarre. Wouldn't it be noble, for somebody with some clout, to have the "nads" to reopen this deal back up for investigation. At least for discussion. Especially, because of how shareholders have been, basically, "kept in the dark" for all these years. Where is common decency and fairness? Same goes for escrows payments. At least tell us if we are not getting much in terms of reparations and why not.
Would this situation have been any different with Trump than Obama?
This is why some inquiring legislators and journalists should have been more demanding the learn to "ifs, ands and buts" of this deal.
Where were Washington Mutual employees' and shareholders' representatives in Congress?
Where was "the Spin Stops Here" Bill O'Reilly? Or 60 Minutes?
Unfortunately, that's a rarity with escrows. I don't like the fact that NOTHING in the form of encouragement to escrow holders has come forward in years. Or did I miss something?
For a long time now, it's looked to me like we were strategically dangled a hopeful ploy to quiet us.
I get a little reved up, occassionally, by the hopeful conjecture about escrows. Then reality sets in.
This should have had more national exposure. Is it too late?
It would have been nice to have some escrow holders with "some clout", like legislators or journalists, to try to get to the bottom of questions like this. I would hope that some escrow holders would at least have some contacts to these types to assist escrow holders on this drawn out dilemma. There never has been the exposure needed to help force the issue on Washington Mutual shareholders' plight.
BUMMER, as usual.
9/2018. That's likely when escrows will finally know "the Good, the Bad or the Ugly". The way this has dragged on, why should we expect anything before then?
FDIC having the escrows assets for so long.
With interest, too?
For their patience, escrows need a juicy interest payout, too.
Let's hope there is some big interest piling up. That would make the duration a little more tolerable.