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Post# of 728965
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boarddork

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boarddork

Re: jaysenese post# 508431

Tuesday, 02/13/2018 1:47:39 PM

Tuesday, February 13, 2018 1:47:39 PM

Post# of 728965
nope. This is a big deal... This filing is to illustrate repurchase/replacement obligations, per Frank/Dodd.


Compare previous years, like 2017. There is no exhibits in this 2018 filing. Prior years, yes....~$12B. In 2017 all but half a billion of repurchase obligations were paid off. How?

Globic lawsuit resolution released safe harbor protection. Release of safe harbor's grip, releases cash and assets to cover WAAC's repurchase/replacement obligations placed on it by any Demand Entities (aka certificate investors via the trustee (like DB) legally obligated to represent them and their investment returns).

With Demand Entities claims now paid, certificate investors are yet another Major step closer to legacy investment principle and interest finally being paid.


AND, this is just for WAAC.....;)


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