Thanks AZ as it is all coming soon!
Note: Goodietime found this link below. It is 1500 pages but does reference the Trust held by WMI / WMB I am going through some of it now
To me it looks like DB, is waiting on 'orders' to disburse the value in these 99 Trusts.
This part:
https://www.globic.com/wamurmbssettlement/pdfs/Verified%20Petition%20and%20Exhs%201-29.pdf
Pg.2
"2VERIFIED PETITION FOR INSTRUCTIONS 12345678910111213141516171819202122232425262728 I.INTRODUCTION 1.Pursuant to Probate Code section 17200, Petitioner Trustee seeks instructions regarding the internal affairs of the Trusts and/or to instruct the Trustee regarding its actions with respect to a settlement of litigation brought by the Trustee on behalf of the Trusts. 2.As is explained more fully below, the Trustee seeks two orders arising from the proposed settlement of pending litigation commenced by the Trustee in the United States District Court for the District of Columbia titled Deutsche Bank National Trust Company v. FDIC, et al., No. 09-cv-1656 (RMC) (the “Action”). In summary terms, the Trustee seeks one order (the “Approval Order”) approving its determination to enter into the Settlement (as defined below) as a reasonable and good faith exercise of its discretion, and a second order directing a distribution methodology for the settlement proceeds (the “Allocation Order”). More specific components of each order are as follows: •The Approval Order consists of the following components: (i) a determination that the Trustee acted reasonably and in good faith within the bounds of its discretion in entering into the settlement of the Action described herein (the “Settlement”); (ii) a finding that Certificateholders, as defined below (the “Certificateholders”), received legally sufficient notice of this proceeding and an opportunity to object; (iii) a bar against any Certificateholder asserting claims against the Trustee based upon its prosecution of the Action and entry into the Settlement; and (iv) a declaration that the Settlement and the documentation pursuant to which it was effectuated, which as more fully explained below consists of two separate agreements (a “Settlement Agreement” and the “Trustee-JPMorgan Agreement”) is binding on the Trusts. •The Allocation Order consists of a direction regarding an allocation among the Trusts and among classes of securities issued by each Trust of the amounts to be received by the Trustee pursuant to the Settlement. II.THE TRUSTS AND THE TRUST PARTIES 3.The Trusts include 99 trusts (the “Primary Trusts”) created, sponsored, and/or serviced by Washington Mutual Bank (“WMB”), its subsidiaries, their predecessors-in-interest (including Long Beach Mortgage Corporation, referred to herein as “Long Beach”) and their affiliates, including Washington Mutual Mortgage Securities Corporation (“WMMSC”), a former subsidiary of WMB whose stock was among the assets of WMB acquired by JPMorgan Chase Bank, N.A. (“JPMC”) from the Federal Deposit Insurance Corporation (“FDIC”) after WMB
3VERIFIED PETITION FOR INSTRUCTIONS 12345678910111213141516171819202122232425262728 failed in 2008 (WMMSC and WMB are referred to collectively herein as “WaMu”). The Primary Trusts are listed on Exhibit 1-A. The Primary Trusts provide for the issuance of residential mortgage-backed securities (“RMBS”). The Primary Trusts hold, as trust assets or collateral, mortgage loans originated or acquired by WMB and conveyed to the Primary Trusts as part of those respective RMBS transactions."
