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Re: mattchew post# 511839

Friday, 03/02/2018 6:34:33 PM

Friday, March 02, 2018 6:34:33 PM

Post# of 731674
Yes, The Release Forms Could

have all used the same form for all Equity classes, TPS, P, K, and Qs with the 75/25% verbiage for Class 19 vs. Class 22 respectively.

Thanks, AZ

Here, this may help simplify this issue’, ... re read, the Class Segregated Release that you originally signed ... for Each specifically Released Security that You Owbed ... if everything ? was going to simply be tossed into ... one bucket ?, and then a 75% / 25% ratio divided ?, ... your signed release, would have been worded a bit differently ...

AZ



That is NOT what happened. We did indeed use and sign separate form for each Class for Releases.

BK #1 is based on Ownership of the related Trusts.

Preferred Funding is Owned by Class 19.

Class 22 Owns the WMI/WMIIC participation in the other non-PFT Trusts.

BK #2 is 75-25%




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