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AZCowboy

06/05/18 9:45 AM

#521256 RE: Donotunderstand #521254

~ It's Actually Quite A Short Walk ~

The WMB Tranche 5 Class 17' ... Bonds', ... Originally Issued Out of the UK', ... (multi-national)

... Won Their Case in D.C. ... (the dual track)

... and, have ABSOLUTELY ZERO to do with the WMI-LT ... (thankfully)

... Regarding Reorganized WMIIC / WMI, WMIH-Corp' ... ? ... the securitization process being the same, ... this means the "Trusts" are free to begin to distribute', ... Now, to the Actual WMB Noteholders, (WMB Tranche 5 Class 17), as well as to the newco, WMIH-Corp ... ("Cash" returns are on the way)

Watch your WMI' Class 19's ... they (WaMu) used the same securitization process' as the WMB EuroNotes', ... and remember, P's are perpetual, ... K's are redeemable ...

Your Common Share wamuq' ownership markers, are a depiction of the Original WMI Estate Ownership' ... now partnered in original WMIIC / WMI estate ownership, with the reorganized newco', WMIH-Corp'

AZ
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hotmeat

06/05/18 10:25 AM

#521260 RE: Donotunderstand #521254

The WMB Bonds have nothing to do with WMIH or the LT. This is an FDIC and possibly a JPM related issue.

DC Action never involved the WMB Bonds and in any event the court decision deferred priority to the GSA, ie the court accepted the GSA/POR as the official resolution.

Wamuq shares were cancelled since 2012 and no Trusts were ever aligned to Pref stock except for the Reits which were formerly the TPS before the "Exchange Event" in 2008.

Just correcting some of the erroneous info being posted!