One of the signing "Parties" to the actual 08/2016' now announced, "The Settlement" actually was WMMSC' ... , so Yes' You are viewing this properly ...
As I said earlier, I'm currently watching the FDIC & WMIH-Corp, as well as my own holdings, for signs of positive forward movement', to finally be recognized ...
currently either by the document stated, "Receivership Certificates" to be, issued by the FDIC, to the, WMB Fixed Income Holdings' (Tranche 5 Class 17 Bond Holders), in an effort to secure their original "Releases" ... or, ... by the new company (WMIH-Corp) moving' ahead of any defined announcements' ... (this many hedge funds ?, are unable to keep secrets)
... also, as well as with JPMC's "Administrative Liability" (the $645 million) now paid, ... as the 08/2016 documented "Settlement" states, That payment / agreement now also concludes the P&AA between JPMC and the FDIC regarding WMB ... (WMI's property & the CIC' Issue - Change In Control -)
In My Own Opinion, ... If one takes into consideration the Original WMB Noteholder Program, (as revealed by WMI the parent corp, in SEC Filings pre-seizure) ... as well as the Original WMI Preferred Offering, (adding in the TPS Reit Series, at the 09/26/2008' "Exchange Event") ... The Supporting Trusts (ABS-Certs) are simply magnificent in their Original Design, Originally designed as, ... Interest Earning Cash Generating Machines ... then ? ... simply refer to what the FDIC reveals in its own "WMB Balance Sheet" ...
(note that interest on these assets is not accrued after failure but is recognized when received);
So, ... The FDIC is NOT accounting for any of the, Interest Earned by the massive list of ABS-Certs (Trusts) ... and Now, all of that monthly generated "Cash" having been accumulated for some 9' years, ... as stated, ... WILL BE recognized when received' ...
This is why I believe everyone should take the time to understand just exactly what they own' ... ~ Know What You Own ~
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