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Re: sometimes_right post# 472485

Thursday, 02/23/2017 10:41:40 AM

Thursday, February 23, 2017 10:41:40 AM

Post# of 728623
The Preferreds would NOT have the rights to the majority of waterfall excess in any BK, if there are enough assets to reach commons. And through WMIIC and MBS income participation, there is.





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