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Re: rockie101 post# 426666

Tuesday, 06/23/2015 10:57:36 AM

Tuesday, June 23, 2015 10:57:36 AM

Post# of 730485
rockie, more likely, 20-30 million but my guess zero, why, 2 reasons:

1. No lawsuits filed on behalf of escrows over the years stating damages in excess of ?. If no lawsuits filed, no way, no how is any substantial money coming back.

2. The wmilt trustee has never stated a game plan to claw back money. In every other bk I have ever traded, the trustee lists the assets available to creditors and potential assets available to creditors based on claw back likelihood.

JPM unfortunately won with the help of the feds and wamu equity lost. bottom line. NO SUBSTANTIAL MONEY COMING BACK. Dollar cost average into wmih if you want to make your money back. Action people, action.

imo
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