Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[Rumble]

EI, you have a pretty good grasp of the situation but I must correct your statement:

"Once all of the claims are paid, WMILT assets revert back to the company."

Unless I'm missing context of which you speak - all claims include the final tranche which does not have a cap on it. Other than a small percent WMIH (Newco) (Is this the "company" you refer to you?) will only receive a very small amount. Excess assets after current claims are paid go to holders of old WAMPQ, WAMKQ or WAMUQ.