Sunday, March 29, 2020 10:06:46 PM
... All of these WMI Related Trusts have been diminishing in distribution value as the actual amount of their performing loans continue to diminish each month as loans are paid off, refinanced, foreclosed upon etc., ... As I’ve stated numerous times, I have tracked many of them ever since 02/2018’ when the release of the 15(g)s revealed the completion of Globic’s requirements on 12/31/2017 ... after Judge Clasters Ruling in June 2017 ...
Now that the financial restrictions of the WMIIC / WMI Bankruptcies are finished, I went back over many of them, questioning why our own WMIH-Corp servicer, our subsidiary (the)*Mr Cooper Group, wasn’t showing more of an increase since the 02/25/2020 distribution. ‘let alone the most recent distribution on 03/25/2020, ... and I discovered the REO / Harp Loan intertwining of JPMC within many of the Trust Tranches ...
All of the amounts of base value return, have diminished over the length of time all of this has taken ...
... the interest earnings are only on the debentures ...
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AZ
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