There will be NO NOTICES sent out or...
...or received.
...regarding WMI "Change In Control" (a term that is being used in the relevance to the Employee Claims; i.e., that it happened when seized and/or sold to JPM).
...it has NOTHING TO DO WITH ESCROWS, especially re ~
...the Deutsche Bank (as TRUSTEE) and California Probate matter approving the Settlement Agreement (on behalf of the TRUST OWNERS) and the FDIC.
...which are just SOME of the MBS' "where Serving Rights were retained by WMB or Subs," such rights that JPM BOUGHT.
...along with the $240B "PORTFOLIO LOANS."
...or the side Settlement Along between the FDIC and JPM (which is PAYING THEM $645M; i.e., not JPM PAYING the FDIC $24B as "studied and researched").
...again, there will be NO NOTICES to escrow holders regarding the above referenced items.
...this week.
...this month.
...next month.
...or any next year.
...EVER.
...the WMILT QSR's clearly identify the recoverable potential assets and claims to such, with settlement of classes per the waterfall outstanding.
...look for $50M-$75M as MAX if 'everything works out (by the supposed good friend of equity, BR).
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