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Re: AZCowboy post# 618012

Saturday, 03/21/2020 11:53:58 AM

Saturday, March 21, 2020 11:53:58 AM

Post# of 729957
Good morning AZ. Its good to hear your family is doing alright. Thank God, nobody caught the bug in my family. I'm not personally worried for myself but am a little worried for my aging parents and kin. I think a combination of lockdowns, arriving warm weather, and the newly approved therapeutic drugs should put us on the downtrend of this virus in about 2 to 3 weeks. Hopefully the lasting disruption in the economy will be minimal if movement returns to normal by end of April.

Yes, I saw the CFO taking a big bite of Coop around mid 9's. I took a big bite around then too. I wish I had waited another week.

I'm not familiar with the abusive uses of the SEC allowances that you are referring to. I really havent been following the board for a few weeks. Can you clarify?

Is the SEC allowances you are referring to going to cause further delay of our remote bankruptcy assets? How about the pandemic? Will it cause delays in the asset release schedule? Is there still a good chance we might see our markers paid in April?

Also, based on your tracking of the various ABS trusts, have most of the loans backing the securities paid off over the last 12 years? In your estimate, what percentage of the loans have been paid off?

Is there cause to be concern that the remote bankruptcy trusts will use the pandemic as a reason for uncertainty for solvency for the remaining loans and thus withhold cash repatriation to our markers?

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