Thursday, September 19, 2019 4:59:09 PM
Here’s is some relevant text from this HY series of issue’
POOLING AND SERVICING AGREEMENT
$3,451,102,379.97
WaMu Mortgage Pass-Through Certificates Series 2007-HY6 Trust
For each Distribution Date before April 2014, the Subordinate Certificates will be locked out from receipt of unscheduled principal (unless the Class A Certificates are paid down to zero or the credit enhancement provided by the Subordinate Certificates has doubled prior to such date as described below). After such time and subject to standard collateral performance triggers (as described in the Washington Mutual Mortgage Pass-Through Certificates, WMALT Series HY free writing prospectus), the Subordinate Certificates will receive increasing portions of unscheduled principal.
The Subordinate Certificates will receive the following portions of unscheduled principal:
Periods Portion of Unscheduled Principal (%)
April 2007-March 2014 0% Pro Rata Share
April 2014-March 2015 30% Pro Rata Share
April 2015-March 2016 40% Pro Rata Share
April 2016-March 2017 60% Pro Rata Share
April 2017-March 2018 80% Pro Rata Share
April 2018 and after 100% Pro Rata Share
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Also, ... Did you have an opportunity to review my links provided earlier today proving the segregation between the ... WMI Packaged Notes, supporting Plan 7’s Tranches 1 through Tranche 4, ... and the Noteholders Claims, and their assignment of FJR Interest compared to each Notes Actual Recorded Interest Production ... ? ...
... This is proof that the Packaged WMI Trusts were separated from the claims submitted my the Noteholders against WMI ... now of course, all paid off with Cash’ ...
”This, as it is related to the Approved Plan 7 and the Courts allowed Creditor “Claimants”;
Tranche 1; WMI Senior Notes Allowed Claimant (Noteholders) Debt ... paid with cash ...
http://www.kccllc.net/wamu/document/0812229120404000000000008
Tranche 2; WMI Junior Notes Allowed Claimant (Noteholders) Debt ... paid with cash ...
http://www.kccllc.net/wamu/document/0812229120404000000000009
Tranche 3; WMI CCB (Commercial Capital Bancorp) (Noteholders) Guarantee’s ... paid with cash ...
http://www.kccllc.net/wamu/document/0812229120404000000000010
Tranche 4; WMI Junior Subordinated Notes (PIERS) (PIERS Noteholders) (Again, Capped & Ruled Debt) ... paid with cash ... (completed on 02/25/2019)
http://www.kccllc.net/wamu/document/0812229120404000000000011
Tranche 5 WMB Bank Considerations ...
Tranche 6 WMI Equity ...
(I) WMI Preferred
(II) WMI Common Share Owners, beginning with the Courts Ruled a Separate Entity, the WM Capital Trust with its TWO Indentured Trustees ...
JPMC Only Received the Servicing Rights of the Loan File and the maintenance of the deposit base etc., ...
The WMI and WMB Supporting Trusts’, ... ALL of Them, ... were never touched, The Supporting Trusts were never “Able To Be Touched”, ... WMI paid off the bankruptcy allowed claimants, with Cash
... it’s been these confusing issues revolving around the WMI-LT that have not been helpful ...
When opening the links I provided, Review the difference between the “Note” Itself, ... and ... the allowed Note Holders Claim ... the Notes Interest Yield, ... and the FJR assignment on the claim itself ... again, now all have been paid in Cash ...
AZ
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