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Re: Owndude post# 509227

Thursday, 02/15/2018 8:06:06 PM

Thursday, February 15, 2018 8:06:06 PM

Post# of 730359
We don't directly have any interest in these trusts ("Wamu trusts"). At best, some of that money will be paid to WMILT, based on WMI's direct or indirect "participation" in these trusts, then WMILT would pay it to us, whenever the hell they feel like it. Then again, with the old WMIIC entity being dissolved, who knows where that money is going. Hopefully, directly to WMILT, or possibly to us thru KCC instead. Who knows.

But yeah, the long/short is that the CUSIPS in the DB PR's are those of the trusts, not our escrows, which were set up for us by WMILT, years after these trusts became a thing.

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