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Tuesday, March 24, 2020 5:56:43 PM
"4. What role did Washington Mutual, Inc. play in connection with securitization
transactions sponsored by Washington Mutual Bank and its affiliates? What role did (or
does) the Trust’s former liquidating trustee play in connection with such securitization
transactions?
Contrary to assertions by various parties on message boards and other media platforms,
Washington Mutual, Inc. did not have any role in connection with securitization transactions
consummated by Washington Mutual Bank and its affiliates. Specifically, Washington Mutual,
Inc. did not sponsor, guarantee or otherwise participate in such securitization transactions.
Relatedly, Washington Mutual, Inc. did not hold any certificates issued in connection with such
transactions, including any “R” or “residual” certificates issued in connection with such
transactions. Finally, it also has been suggested that the Trust’s former liquidating trustee,
William C. Kosturos, served and/or is currently serving as the trustee of one or more special
purpose entities or statutory trusts that were used to consummate one or more securitization
transactions. That suggestion also is inaccurate: Mr. Kosturos has never had any role in, or
served as a trustee for, any securitization transactions sponsored by Washington Mutual Bank
and its affiliates.
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