Replies to post #535896 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ Yeppers', That's Right ~

"So distributions will made through the individual trusts?"

... Each WaMu Specifically Involved Performing Trust's Designated ... "Trustee" ... will initiate a release of funding, once all Rule 510 "Subordination" Creditor Class Claims have been ... "Addressed" ... to each and every ... original "Certificate Holder" ... ~ Everyone Waits Together ~

... Each WMI & Affiliate'(s) Involvement in a Performing Trust, while the TWO' Bankruptcies were being moved to a settled completion, ... has had its original "Base Value" protected by a "Bond", put into place to protect its original participating ... "Certificate Holders" ...

AZ

[jerrylev]

Nope, all distributions will come either from the FDIC-R or from the WMILT trust. There is no such thing as coming from some bond trust or SPE trust. We don't get anything until assets are liquidated either through the FDIC-R or through WMILT.