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How is this relevant? The court is not interested in documents from 2010.
Thanks. I will. Merry Christmas
And what is AZ saying to this?
He said 12/15....
Yes, typo. Curious how this will turn out.
So for P $7.75 per share. That amounts to nothing.
Are the moneys in the subs due to Escrows/cusips or the current WMIH share holders?
Have been asking this myself for quite some time. There have to be companies that have thousands of CUSIPS and they are just sitting there and doing nothing. What about our board. Some must be heavily invested in this and do nothing or claim to do nothing.
AZ
And what is the issue?
What we are afraid of is that we GE WMIH shares and 1 week later they are only worth half.
AZ
And where are the other 24 billions? Or do think more to come over time?
This is what I have been fearing for a long time. I want to believe but it is not easy.
If this is the case who is holding the books for this. There must be accounts for this and if so why can’t we get access to it? Wikileaks can you give us the deepest secrets of the government and we can’t even find any of those details. This is what frustrates me.
Actually pretty funny! Yes and you are right. Still curious what AZ will respond.
AZ,
How will the $58 Billion move to our escrows? What is still missing?
AZ
In plain English. If one has Escrows one is good.
AZ
So you are still optimistic
Hope you are right. Where is all the interest made on the mortgages over the years as people claim? Someone must have this on their books
AZ,
Weren’t all the returns to come back to WMI-LT and then to Escrows? What funds are supposed to flow directly to WMIH? More and more confused.
Thanks for putting this straight.
Nobody knows. All speculation. Some say zero, others Billion 25, 50, 85 and even more. There are calculations of so much interest per year and so on but nothing from FDIC or WMILT that give an amount or promise. The next couple of weeks will show.
All IMHO
Yes. Shares of what. WMIH?
Thanks. Would be nice with my nearly 2400 P’s
Going to Escrows or to WMIH?
Thanks. Get it. Is anybody, let’s say the FDIC keeping track of this or do we have to count on the “generosity” of “others”.
AZ
“
The release of the ABS-Cert, Trust produced accumulated monthly interest returns, held since the seizure ... give way to process forward “
And who is holding this and where? Seems to be the always recurring question.
That is exactly what I am afraid off. We supposedly have billions coming and can't take money from there to pay of piers, any other classes that are impaired. It is so ridiculous. That is why this is dragging on and on. Always another class that is in the way, another lawsuit not finished.
What about just saying if you have CUSIPS you participate because to get those you had to sign releases.
AZ I know
AZ, any idea when this is going to happen?
AZ, that is great. The question is as always will this money show up in our CUSIP account(s) and if so when. I am so worried that there will be more hurdles like unfinished lawsuits, lower classes to be paid etc.
AZ as usual a clear statement of the facts. What is the next step that needs to happen?
Thanks. Could you translate this in one $ number?
Needless to say you have to have the necessary brokerage account to accommodate all of the above.
What is the meaning of this. My CUSIPS are in a IRA account and some in a regular brokerage account. So what else is needed?
AZ
Thanks. In simple terms, Amy of this going to our escrows/tracking markers or somewhere else?
Do what is the "old" money flowing into the LT=escrows/tracking markers?
Dear AZ,
Thanks for all the research. Can you explain what is the relationship between WMIH and the Escrows. I was under the impression that anything left would go to escrows. How would WMIH profit from this. I am asking because I need to figure out if I should also invest in WMIH shares (sold the ones received as part of the bankruptcy procedures a long time ago when they were a lot higher than now).
The DB action. Doesn't mean wrapping up the whole BK IMHO.
We know that but it releases the problem of outstanding lawsuits against the FDIC. They can't release anything even if there is as long as lawsuits are pending in my opinion.
As far as I understand these were allocated to the ones having signed.