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Post# of 735992
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hotmeat

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Re: LuckyPanda post# 547520

Sunday, 11/18/2018 3:15:06 PM

Sunday, November 18, 2018 3:15:06 PM

Post# of 735992
See post 518718, of WAMU's $300B in assets $258B was transferred to JPM so i'm not sure what other assets you're referring to.

Securitized loans are off balance and therefore not owned by WMB and thus not reported in their financials.

These loans were owned by 3rd party investors with WAMU retaining a small percentage in each Trust which would return cash payments.

25.2 Cancellation of Common Equity Interests:.., on the Effective Date, ALL Common Equity Interests shall be deemed extinguished and the certificates and ALL other documents shall be deemed cancelled.

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