Further, revenue that has & continues to be generated remains captive within each respective Trusts.
Yup, ain't that the truth...
From: **************** Sent: Tuesday, September 25, 2018 5:29 PM To: Customer Service FDIC DAL Subject: WaMu receivership status inquiry
Dear Customer Service,
Today is the 10th year of the WaMu receivership and I wanted to know if the FDIC is planning to close out the receivership and when.
Are there any outstanding and unresolved claims which are an impediment ? If yes which are they ? Also is FDIC in any way continuously involved with the WMILT in the bankruptcy court in Delaware ? When is the accumulated interest from the trust participation of WMI Inc. going to be released to the equity holders and the receivership books reconciled ?
Remember the 30 billion windfall they found in commercial portfolio?
They bought the SERVICER RIGHTS!!
THAT'S WHY THEY ONLY PAID 1.9 BIL
THEY OWN WANU ASSET CORP THAT RECIEVES THE INTEREST.
THATS WHAT THIS IS ALL ABOUT.
ITS POSSIBLE THEY DID E'F US.
IN NO WAY ARE WE GETTING ANYTHING FROM WAMU ASSET CORP.
THAT WAS OUR ENCHILADA
IMO THEY GOT US
AND THAT WAS MY PROOF HOW.
Quote:
"Ref: The U.S. Senate Sub-Committee (Levin – Coburn Report) reveals in its findings of fact that WaMu sold and securitized at least $615B of residential mortgage loans through its subsidiaries “WaMu Asset Acceptance Corporation” and “Washington Mutual Mortgage Securities Corporation” who acted as “Depositors” in the securitization transactions."