News Focus
News Focus
Followers 180
Posts 7351
Boards Moderated 0
Alias Born 12/26/2012

Re: None

Thursday, 06/12/2025 11:34:10 AM

Thursday, June 12, 2025 11:34:10 AM

Post# of 749756
~ Well, … I would have stated this in a different manner ~

… ALL nine Trusts (cusip specific determinative) … function in the same manner …

1) only 3 of the Nine, are cusip applicable to a WMI 2012 “Release to Participate” Document, dictating ones amount of individual retail’ ownership of WMI’s equity …

2) none of the nine ever converted to an “originator”

3) none of the loans eliminated were ever able to be replaced …

4) servicing fees and interest accumulation was set up to not need to be SEC reported by WMIH …

5) once they are able to release their accumulation of interest, … ALL nine Trusts will release their financial accumulation simultaneously,

The WMB Note / Euro Bonds, … and the LBHI class 10b CT’s function in the same manner, plus some other WMI affiliated financial entities …

AZ
Bullish
Bullish

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today