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Post# of 735709
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AZCowboy

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AZCowboy

Re: Royal Dude post# 615525

Friday, 03/06/2020 2:30:16 PM

Friday, March 06, 2020 2:30:16 PM

Post# of 735709
~ RD, You Do Realize An ABS-Cert Diminishes In Value Each Performing Month, Right ? ~

Loans are paid off, refinanced, streamlined by the servicer, foreclosures occur, ... and HELOC Backed Certs, that were written, WaMu’s last ones packaged in 2007, are secondary to the primary ... Right ... ? ... (The TPS were mostly HELOC Trash)

WMI’s last Cert packaging was in 2007’ ...

An ABS-Certs distribution numbers are dynamic through the life of the Cert’ ... it’s been a lot of years, and the diminishing effect can be tracked on a monthly basis’ ...

AZ
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