~ Releasing Marker Holders - OWN - L@@K' ~
The Releasing Participants, which received their tracking markers' in proper fashion' ... OWN' ... Washington Mutual, Inc.(s) - percentage of participation within hundreds of Asset-Backed Certificate Securities, and CMO's ... which are quite easily found on the SEC site' ... there are hundreds of them'
As WaMu was considered to be a - "Bank Holding Company" - all of WaMu - came under the direction of the OTS / FDIC, ... this has been the reason for the wheels, being allowed to turn so very, very, slowly' ...
The ABS-Certs' and CMO's ... that WMI' participated in' ... are not able to be owned' ... they are individualized and designate, managed by an assigned "Trustee" and, serviced by a designated "Servicer" ... (every individual Certs' Prospectus reveals its Structure)
This percentage of WMI's ABS-Cert and CMO' participating ownership, which each Cert' also return income distributions on a monthly basis' as described in each prospectus' ... is what was initially secured within the FIRST Bankruptcy Filing, ... WMI Investment Corp.(s) FIRST Filing for BK Protection ... (refer to Collins, Goldstein, and Rosen)
and, the amount of Cert' "base value" that WMI participated in, actually, as the owners of the Original Estate, now, ... belongs to the releasing marker holders, ... along with any ABS-Cert produced monthly' income returns that have accumulated since the 09/2008 seizure' ... (Court Ordered' managed by A&M "nunc-pro-tunc")
While any possible increased ... "equity interest" ... in the Certs' WaMu participated in, now belongs to the reorganized Washington Mutual, Inc. ... WMIH-Corp' ... (documented)
The "equity interest" of the Certs' ... needs to ultimately be coupled with the original "base value" of the Certs' and CMO's ...
as I have said, ... a Value for Stock' event' is on the horizon, ... NOW THAT' WMIH-Corp has notified us in the recent 10-Q' that' WMIH-Corp ... is beginning to dissolve WMIIC' ...
and, as also recently released, ... the term sheet is being settled' and merely waits for the FDIC to approve' ...
AZ
