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Re: jhdf51 post# 675662

Thursday, 01/13/2022 2:53:39 PM

Thursday, January 13, 2022 2:53:39 PM

Post# of 730627
Hard to say, but the WMILT said many times there will be nothing for escrows, and they may cancel them now after the dissolution of the WMILT which happened on 12/31/2021 according to the FAQ update on 01/10/2022. Remember Rosen wanted to cancel them already at the end of 2020 in the court hearing with AYA.
You know I always believed there must be some values left from WMI/WMB/WMBfsb (you can find it in my old posts), JPMC couldn't have got it all for 1.9B, the FDIC must have excluded something (remeber the asset related equity adjustments on the FDIC's "Inception Balance Sheet for Washington Mutual"?) and I always thought we, the escrow owners will get them, but now I think COOP will get them (provided there are any!) because COOP IS the "reorganized WMI". It is still the same company. Everything, including all rights to whatever, that were not explicitly assigned to the WMILT, still belong to WMIH = COOP now. So yes, I think escrows will be gone from our accounts by 03/31/22 at the latest, without any payment!

Do you believe March will come and go with no escrow payment? Via share distribution, cash or both?

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