~ WMI Revealed It’s “Securitization Process” Extensively In SEC Filings’ ~
After all of this time, I simply took for granted that All Investors’, the retailers included, had a basic understanding of the WMI’ Corporate Structure ... and it’s Financial Operations ... MY BAD’ ...
However, Be that as it may, ... the WMI Securitization Process was innovative and alive and functioning when the OTS / FDIC seizure occurred ... the seizure of WMI’s Bank, WMB changed none of the already packaged Certs’ ...
Those WMI Packaged ABS-Cert Performing Trusts, including the WMB EuroNote Program ... remain functional ... they’ve just been in a legal holding pattern ... due to the US Codes requirements concerning a filing for bankruptcy reorganization ... chapter 11’ ...
AZ