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Monday, 08/13/2018 7:55:14 PM

Monday, August 13, 2018 7:55:14 PM

Post# of 749756
Can we file something with the BK court to compel the disclosure of safe harbor assets at this time? Since the statute of limitation has already run out on bankruptcy fraud, I don't see any reason why the court would need to keep the veil on any longer.

If the ABS certs truly are disassociated from WMI bankruptcy then is there a freedom of information request that we can file with FDIC to compel them to disclose the true value and ownership status of the safe harbor assets?

Can anyone with access to legal advice or industry experience like CBA09 chip in with an answer to this question?

My biggest fear is the statement that the examiner made in court...something like..."Your honor the assets will be retained and equity can pursue them later".

So maybe, all the ABS trusts have been liquidated and are sitting pretty on a bunch of earned interest in cash but maybe we need to "pursue" them as they do not automatically need to return to escrow owners.

The first step is disclosure. Can we look into Freedom of Information type action to force FDIC to disclose these safe harbored assets?

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