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novascotiaSTS

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novascotiaSTS

Re: BBANBOB post# 686295

Saturday, 04/23/2022 12:20:19 PM

Saturday, April 23, 2022 12:20:19 PM

Post# of 727558
We know that no MBS was retained by WMI, because they would have needed to disclose that in the Ch 11 Disclosure Statement.

There was also always an explicit statement in the FAQ, that the holding WMI had no involvement whatsoever in the whole MBS process, it also didnt hold any.

The vast majority were sold to investors, WMB did retain 15 or 16B on its balance sheet, which went to JPM.
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  • 5Y
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