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Re: bkshadow post# 403514

Thursday, 08/21/2014 4:44:48 PM

Thursday, August 21, 2014 4:44:48 PM

Post# of 728598
Hey BK-- Been reading the board for a while trying to learn as much as I can about this but just decided to create an account specifically to reply to your comment in this post.

"Again, my argument doesn't focus on the DOJ "anything." I was responding to your article and then your extending that DOJ settlement to WMILT escrows.

However, regarding those DOJ settlements, and regardless of whether or not they are a mere fraction of the wrongdoings and damages, the same government is keeping the MONEY or giving it to borrowers as relief.

So, how can such DOJ actions ever monetize the WMILT?
"

Could part or all of the DOJ settlement with JPM end up with the FDIC to then settle with Escrow through the WMILT as per the sealed document in POR 7? I guess technically it can be argued the FDIC is an independent agency, but it is still operating on behalf of the government. Just like everything else here, no one knows for sure but this is an answer to your question above.
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