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Tuesday, June 27, 2017 9:43:16 AM
The class releasing common uq' shareholders, as in all corporate structures, actually own the company' ... So, your released common uq' shares actually Own' the Original WMI Estate'...
The WMI Estate' encompasses many things, but in my opinion the most important thing, that was originally secured, ... was' WMI Investment Corp. ...
I have uncovered over 300 - WaMu - pooling and servicing agreements, which are connected ONLY to Residential Certs' ... there are also many others' ... commercial lines, etc' ...
So, ... one thing that Deutsche Bank actually accomplished for us' ... was shining a very bright light on 99 RMBS Certs' of the entire pool' ... again, there are many, many, more' ...
So, ... Yes' ... the amounts are staggering' ...
Remember, ... An ABS-Cert (A Trust) is a stand alone financial cash producing mechanism, ... THAT CAN NOT BE OWNED ... by any singular entity' ... So, ... NOT ONLY was WMI - NOT - able to own what it participated in, ... But NEITHER CAN, ... the WMI-LT' ...
The Good News Is ? ... WMI II is now "Settled" and "Completed" ...
AZ
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