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scrivenerserror

07/17/15 1:01 PM

#429179 RE: fwh3334zeke #429175

wmih has nothing to do with escrows/ltis . wmih will not fund any escrows . period . it may be a vehicle to sell the leftover assets from fdic-rthat are not sold already . i dont know that .

the money that will eventually come back to ltis will come from the assets of the various companys under wmi that are currently in the fdic-r and also from the "final" payment that jpm still has to make for their purchase of wmb for the initial 1.889 billion . they announced a few weeks ago that they "found" best performing apartment loans worth 30 billion . thats all to good for 1.889 .

for example : wmbfsb alone had about 30 billion in assets debt free and was a daughter of wmi , which was never purchased by jpm .where the hell is that money if not at the fdic-r ?

http://www.kccllc.net/documents/0812229/0812229101112000000000004.pdf