Friday, May 20, 2016 8:13:11 PM
First, ... I gave up riding last Dec 6, 2015' ... when a long time friend and his wife, on the back, died instantly in a head-on outside of Tucson' ... That was the end of riding for me' ... I kept "one" classic bike for "lookin at" that I've owned since it was a pup' some 50 years now' ...
Back to WMIH / WMI / WMIIC ... I have dissected a few heavily redacted' A&M's billings and it's basically, ... cash in, ... recorded, via data entry, ... and they pay any associated bills' ... (actual numbers are always redacted) ...
So, sorry but no' to your specified question, ... I'm just not sure how much cumulative cash returns, the Great' WMI / WMIIC, money machine generated on a monthly basis' ... All I can actually see, is the Court ordered assignment of A&M, again, ... "on behalf of the affiliated debtor" ...
I say, on a monthly basis', ... for a couple of reasons, ... 1st) ... cumulative cash returns generated by Mortgage Back Securities, are recorded on the 22nd of each month ... and ... 2nd) A&M requested to be Court Approved to be able to bill monthly also ... their initial retainer was only $250,000.00
Just remember, ... Judge Walrath ... Ruled' ... That FJR interest would be paid ... "on a claim" ... NOT' ... "as part of a claim" ... So, whatever the numbers are ? ... the Court Ordered Interest returns will sweeten the pot' substancially ...
I figure the accumulated cash alone, plus the FJR assignment, should be a tidy sum by now, after some eight years since the seizure ...
Plus then we have all of the super cool' WMIH issues' ... as this shareholder meeting approaches, ... I see good things coming to ALL, as I have posted ...
AZ
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