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Re: Boris the Spider post# 588669

Monday, 09/23/2019 10:14:03 AM

Monday, September 23, 2019 10:14:03 AM

Post# of 729971
~ Thanks Boris, And To "ALL" That "Positively" Responded As Well ~

There is zero doubt regarding the eventual WMI financially positive returns once the WMIIC / WMI Bankruptcy's are finally Closed' ...

The evidence of WMI's Secured Values is NOT Circumstantial, as has been proffered by those that have not actually read the relevant documents' ...

Here is a sample of what I have posted links to, over the years, these issues are financially relevant to WMI, now reorganized into "WMIH", ... simply rebranded to *Mr Cooper, and trading as symbol COOP, ...

* Was WMI able to Pay Off its Plan 7 Creditor Classes, Tranches 1 through Tranche 4 with ALL Cash ... ? ... Yes' ... (leaving the BK remote Trusts, "the issued Notes Support" free to continue to perform)

* Did WMI Retain Interest In Its Securitization Process ... ? ... Yes' ... (WMI itself reveals this segment of its earnings process within its own SEC Filings)

* Did the Washington Mutual Capital Trust Have TWO Trustees ... ? ... Yes' ... (Wells Fargo Bank was ADDED at WMI's filing for BK, its documented)

* Did the PIERS have their "Claim" determined to be Plan 7 Class 16 Debt', then CAPPED, and diminished from $789,353,506.51 to $253,713,413.97 ... Yes' ... (and Now of course, ALL Paid Off with CASH as of 02/25/2019)

* Did Judge Walrath Approve the WM Cap Trust Stipulation securing Billions of Interest Earning Dollars, irrrelevant of the PIERS claim, merely in the millions ... ? ... Yes' ... (it is signed, backdated, and recorded on the Docket)

The above returning value considerations all pertain to the reorganized WMI, and its original owners, the releasing class 22 wamuq's ... the DTC mechanism to be utilized is recorded in the Plan 7 Disclosure Statement ...

a releasing class 19' is specific to the returns available to an original WMI preferred ... its documented in the support, the memorandums of law, and the US Code cited, within the Approval of Plan 7' ...

The WMI-LT is not going to issue any additional LTI's, ... and ... sorry people, the 75/25 returns of everything WaMu has been poorly misunderstood' ...

the sooner these BK's are closed and the WMI-LT gone, ... the better off ... WE' ... will all be

AZ



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