Did those $600M in loans represent all loans written or just those that were securitized and sold/retained, thus gaining protection by Safe Harbor rules?
WAMU management stated in the comment letter that "wholesale loans" were not covered under Safe Harbor provisions so those would have been sold to JPM in 2008.
Similarly, the ownership of the real estate the banks and other businesses occupied since nobody, to my knowledge, has ever established who really owned those properties.
Would be interesting to know what percentage, if any at all, did WAMU retain in those Deutsche Bank Trusts and if they did, where and how much those benefits are today,
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