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Re: hotmeat post# 522330

Thursday, 06/14/2018 12:17:30 PM

Thursday, June 14, 2018 12:17:30 PM

Post# of 749756
Hm i went over the report and
I saw what everyone was trying
to tell me about the cumulative
part. My bad.

But that was not my point.

My point is about the trust.

If wmih survives that means
we have a trust for life earning
interest from the scrutinized
loans wmih does from the mergers
& acquisitions.

Now I understand why piers can't get
Paid.
Wmih has only run off notes to pay piers

Wmih has no business so kkr & citi support it.

Wmilt still dribbling cash but nothing significant really because wmih has no
Loans to scrutinize.

Then merger with Nationstar.

NOW wmilt will have earnings because
Wmih will be scrutinizing loans (which
we have interest in)

Then piers gets paid 4th quarter earnings
Because we are scrutinizing over $500 billion in loans from Nationstar.

This is IMO our fair and reasonable.

Or the cherry on top to fair & reasonable.




The note below talks about the second disbursement of LTIs.

Additional LTIs will only be issued to holders of subordinated claims and equity interests if proceeds exceed the face
amounts issued to current LTI holders.



http://www.wmitrust.com/wmitrust/document/8817600170502000000000001

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