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Re: iPrelude post# 489875

Sunday, 10/01/2017 9:32:47 AM

Sunday, October 01, 2017 9:32:47 AM

Post# of 730838
~ Moving Forward, ~

From The WMI-LT, as of 06/30/2017

"Claimants in Class 16, PIERS, received an LTI at around the Effective Date. These LTIs initially did not have basis for tax reporting purposes. As LTIs in the more senior classes of claims were satisfied by distributions from the Liquidating Trust Disputed Claims Reserve, basis in the Liquidating Trust shifted pursuant to the waterfall set forth in the Plan. As of June 30, 2017, PIERS claimants have basis in the Liquidating Trust."



From The FDIC, as of 06/30/2017

"The resolution of WAMU through the P&A Agreement was completed at no cost to the Deposit Insurance Fund."



... Tranche 5 Class 17(a&b), the Original WMB Bonds(seniors & juniors), ... transitioned To' JPMC with the completion of the transition of WMI's Bank, ... WMB' ... To' JPMC' ...

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