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hotmeat

08/19/18 6:01 PM

#534077 RE: Large Green #534073

First I would like to ask with whom will this transaction be conducted between?

WMILT and WMIH Corp?
FDIC and WMIH Corp?
Directly between "Escrow" holders and WMIH Corp?

If your answer is any of the above three, please explain how this will happen when such a transaction, Shares 4 Cash, is not possible with either?

If it's neither of these then please explain how this S4V process would work?
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jerrylev

08/19/18 6:25 PM

#534081 RE: Large Green #534073

If you make a "deal" with anyone, right off the bat you are already biased toward that someone and you are not getting the best deal for just yourself. The trust duty is to liquidate its assets at the highest price possible to anybody who wants to pay. When making a "deal", you have evidently a HUGE conflict of interest.

Just like whenever the government will put on auction block, one Trillion of mortgage loans, it is going to sell it to the highest bidder and not making a "deal" with COOP because COOP used to be WMIH which used to be WAMU.