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Wednesday, January 20, 2021 3:47:28 PM
... So, Let Me Be The One To Say' ... "oooops' my bad" ...
A couple of references I was presenting were, ... First this particular "3" year reporting period ... with the last entry', in November of 2020' ... and all that has now occurred, which began at the end' of 2017', related to the first entry in November of 2017' ... KKR and all of that', the litigation delays and distractions, etc., etc., etc., ...
Secondly, ... these numbers are reflecting the "Pay Back" to the original loan securitizer ... Washington Mutual Inc', ... the original Parent Corp, now of course WMIH, which through a series of functioning protocols, originally supplied the collateral for the debt offerings (plural) ...
It Is In My Opinion ?, that these numbers reflect a diminishing loan indemnification responsibility, ... However' ... the Asset Values', would have always had a reasonable value carried forward, and piad back to the original collateral provider, ... WMI', ... whether, a home (asset) was a forclosure, and then resold through an REM program etc., possibly refinanced with an alternative lender, or simply paid off' ...
the 30% to 40% would now be a diminished indemnification problem' ... I view loss ratio's as a different issue' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161046760
... Better ? ...
AZ
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