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Re: Donotunderstand post# 508810

Wednesday, 02/14/2018 2:13:38 PM

Wednesday, February 14, 2018 2:13:38 PM

Post# of 729293
* Piers are dependent on the LT to execute and commence the actions neccessary to receive their dues. The LT takes their cut/salary along the way. I dont think it appears the LT or their attorneys are in any hurry. Contact Douglas Southard or Mike Willingham with the LT if you have an questions.


However:

*Class 19 and Class 22 are dependent on the Trustees managing and distributing the monthly participation income from the supporting securitizations backing Class 19 and 22, each with individual and separate securitizations income. Class 19 and Class 22 are dependent on independent 3rd Party trustees like Deutche Bank, Bank of America, LaSalle, etc, (who are legally liable after safe harbor is lifted) to distribute monthly accumulated income and interest to each Class 19 and Class 22 tracking marker holders. Your tracking marker and number of shares in it, reflect your shared portion of those legacy income returning. These tracking markers are a direct link from Trustee (DB) and your brokerage. WMIH and the LT....DO NOT.....have any input or power over these Trustee (Deutsche Bank) distributions.

Contact your local trustee like DB, Bank of America, LaSalle, etc., depending on whom manages whichever thousands up legally independent securitization trusts.
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