~ WMIH-Corp's 06/30/2016' 10-Q Reveal of its Beginning to Dissolve WMIIC' ? ~
this now, 10-Q recently revealed event, of WMIH-Corps beginning to dissolve WMIIC, ... is not only excellent news, but will also need to be a multi-staged event' ... simply due to the massive size of WaMu's original ... "Master Loan Portfolio" ... (revealed in WMI's last SEC submitted 12/31/2007 10-K and the last SEC filed 06/30/2008 10-Q)
the percentage of WMI's participation in the original "base value" of hundreds of ABS-Certs and CMO's by Washington Mutual, Inc. ... is in the billions of dollars' ... again, ... there are hundreds of Certs and CMO's able to be reviewed on the SEC site' ... and, each Certs prospectus reveals the complete structure' and the original' "base value"
as IS' documented, ... WMIH-Corp, ... owns the "equity interest" in WMI Investment Corp. ... again, which is Court' filing disclosed, exactly where, WMI kept its documented, percentage of participation of these security's ... (again, Collins, Goldstein, and, Rosen)
with the consideration of a reasonable recovering economy since any of the Certificates "base achieved" origination' date ... (remember, WMI' did not produce or participate in a Cert beyond the third quarter of 2007' ... )
the actual "equity interest" ... owned by WMIH-Corp, is also worth in the billions of dollars' ... (an allowed debt structure to a participant of greater than 25%, ... which describes WaMu')
remember, ... these are, to the literal, ... asset-backed' ... real tangible property backed certificates' ...
AZ
