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Re: HeavenSent post# 369807

Monday, 08/13/2012 12:50:33 PM

Monday, August 13, 2012 12:50:33 PM

Post# of 729633
Heaven: Meant to supplement my post re: your PM, earlier (from another board), but i have been busy.


Page 34
"On the Effective Date, WMIHC received $75 million of cash as contemplated by the Plan. We invested $74 million in agency discount notes, corporate obligations and overnight money market funds. These investment securities are all scheduled to mature within six months after purchase and we intend to hold them to maturity. WMIHC’s investment portfolio is recorded at amortized cost. At June 30, 2012, the portfolio was valued at $73.9 million with the final maturity of those investments scheduled to occur on or about December 28, 2012."



This definitely should answer your question. Will not happen this year, 2012.

imo
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