InvestorsHub Logo
Followers 6
Posts 1388
Boards Moderated 0
Alias Born 10/08/2009

Re: hotmeat post# 540549

Monday, 10/08/2018 1:33:36 PM

Monday, October 08, 2018 1:33:36 PM

Post# of 730502
I'm still trying to figure out why some think that the escrows are entitled to more than the documented $44 Million.

Best as I can see - the former assets went in three directions:

Some were retained by WMIH
Some were sold to JPM
Some were held by WMI-LT to be distributed to creditors and if any is left to escrow holders.

These billions that are discussed seem to mostly have been sold to JPM, but some may have been retained by WMIH. I see no evidence that any of these "Safe Harbor" assets did or will go to WMI-LT. Just by their name - "Safe Harbor" - they are EXCLUDED from the bankruptcy and thus not something available to WMI-LT.

Any corrections are appreciated.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News