Thursday, February 23, 2023 11:09:53 AM
LBHI is moving towards the "Implementation" ... it's connected and very positive ... (all cases are now closed or dismissed :) ... )
the WMI', Wells Trustee, WMB notes, now returning interest earnings to WMI' (WMIH) ? ... now that the "wmi-lt" is finished ? ... is great ... WMB note "direct owners", needed to take steps that were necessary to be a "qualified recipient", as an original owner of WMI' (released uq's were used as the counting mechanism) ... yes, steps that needed to be adhered to' and taken ... there were a lot of requirements, however' taken properly', have now begun to PAY OFF' ... yeah baby ... in between the "COOP" pps Increases and now the WMI Wells Trustee interest returns ? ... this is taking a very nice "shape" ...
"COOP" is and has been all commons since 2018' when KKR changed its coupon' ... old news but relevant' ... and the timing aligned with the WMIH Preferred Managing Sub' ...
there's a lot more, but a large percentage disappears ... wonder why ? ... hhhmmmmm ? ... (I-no-longer-C) ... LOL' ...
anyhew' :)
AZ
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