Wednesday, April 25, 2018 10:00:25 AM
... Without Any Twist or Without Emotion' ...
~ Some ?, Should Relax The Emotions, Seriously, Nobody Cares ~
... this is ? and always has been ? about one hell of a giant (WaMu) financial return ... (ROI), ... if ? one has had the wherewithal and patience to buy the reorganized WMIH-Corp, and ride this ... legal morass ... to the end ?, ... sorta like hedge funds and private equity do ?, ... everything will work out just fine’, ... that’s why I’m here’ ... (WMB Fixed Income, Bonds too)
... The Actual Packaging of the “Relevant”, Original WMI Performing Trusts, actually ended back in 2007’, ... as has already been reported, there were obviously some remaining unpackaged loans when WMB was seized, ... JPMC took care of all of those’ ... but securitized already packaged loans into ABS-Certs ?, ... Well that’s an entirely different story ...
... Present Tense, ... now, after all of these years ?, ... many of the original and relevant WMI packaged loans ?, many have been refinanced, paid off, or the asset backing property has been sold’ etc. ... there were also quite a few helocs, option arms, etc. that originally only had a ten year, or less life span ... the investor reports reveal the beginning numbers, ... as well as the present tense numbers ... the time this has taken, has mattered’
... it’s the already paid principle, and what percentage of the original base values, that WaMu actually participated in that’s important ...
AZ
... I've been attempting to bring the relevant information to the larger group of retail involved people ever since the latter 2012', ...
* On Oct 2nd, 2008, The WMIIC / WMI BK's were joined for "Procedural Purposes Only"
* Judge Walrath immediately' ORDERS, there will be NO "Commingling" of any funds between the TWO BK's, without her Express Approval ...
* A&M is Court Allowed' to manage the Trust Produced monthly returns ...
* Weil (The Debtor) is Court Allowed' to manage WMI's Actual Cash and Tax Refunds ... (MOR's reporting Cash Only' are submitted monthly)
* MW and Esopus Creek get involved in early 2009' ... (Esopus Creek, takes a powder later that same year)
* The WMIIC / WMI Reorganization is mediated, approved, and implemented on March 19th, 2012 ...
* The WMI-LT is activated in March of 2012' ...
* At Plan 7's Approval, and For the First and Only Time, Judge Walrath ALLOWS for the "Commingling of Funds" between WMIIC & WMI at the Plan 7 Reorganization, (she had never allowed for this before, not until the Plan 7 settlement, for the moving of $223 million dollars to complete the Reorganizations Balance Sheet to a ZERO' Level. WMI Holdings Corp., is to be gifted by AAOC' $75 million and also given a $125 million dollar credit facility, equalling $200 million divided by 200 million shares of the newco' ... pps = $1.00
* Only 6 of the Original 29 WMI Court Registry Accounts were considered at the reorganization ...
* The WMI Action Continues to "Dual Track" in D.C. Judge Collyers Court, not to be Settled until August of 2016, and Finalized in Judge Clasters Court, and the "Globic Settlement" requirements are finally completed by 12/31/2017
* ... 2018' ... WMIH-Corp is finally able to move forward without any additional Litigation Restraints ...
* February 2018', ... The Last Chance' to Purchase WMIH-Corp on the open market for 75 cents or less' ...
... Originally, I have found well over 300 WMI' Pooling and Servicing Agreements, packaged and enacted by WaMu' between 2002 and 2007' ...
... As the FDIC Seized, WMI's Bank WMB, which used its own subs, WMB was the Actual Original "Servicer" for WMI's original Loan Portfolio, ... JPMC, was only ever in a position' to Service These Loans within these ABS-Certs, converted by securitization into Trusts' ...
... Yes, now after all of these years ... Many of these loans have been paid off, refinanced, or have come to there own finance agreement conclusion' ...
AZ
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