~ An ABS-Certs Prospectus' Provides The Answer ~
... There are hundreds of them, that are ?, and have been, easily available to be read' ... ~ Know What You Own ~ ... Right ?, ...
"Then where are the assets sitting? How will they be distributed?"
... Each Performing Trust, is a Registered Financial Entity, in and of itself' ...
... Each Performing Trust, as a Registered Financial Entity, in and of itself', is mandated to follow its prospectus issued to its Certificate Holders ... its participants' ...
... Each Performing Trust, as a Registered Financial Entity, in and of itself', is also mandated to follow its prospectus issued to its Certificate Holders ... its participants' ... when any originating ABS-Certs' parent corp, or affiliate files for bankruptcy protection' ...
... Each Performing Trust, as a Registered Financial Entity, in and of itself', is mandated to follow its prospectus issued to its Certificate Holders ... its participants' ... when any originating parent corp, or affiliate files for bankruptcy protection' ... up to and until any and all Bankruptcy Rule 510 "Subordination" has "addressed" any and all Creditor Claims against the parent corp or any affiliates' ...
"Then where are the assets sitting? How will they be distributed?"
... Since the original WaMu BK Filings, through to the settling of the dual tracking litigation, The accumulated funding, plus the continuing monthly generated returns, are being Legally Held by EACH Individual Trusts ... "Trustee" ...
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