~ Yep That's Right ~
... There is no 75/25 to the end' ... Distribution Returns are Class Specific' and also WMIH-Corp associated (this 75/25 nonsense, is limited to a RE-Distribution of any leftovers in the WMI-LT, however now ? I doubt there will be any leftovers after the employee claimants get done with this WMI-LT)
... There Will Be NO Additional WMI-LT, LTI's Issued' ... The WMI-LT will only be used as a Pass-Through Mechanism' ...
... Forget about Long Beach' ... Long Beach was bought and sold as a Unit' ... Long Beach is not ours' ...
... The Trusts Each have individual Tranches of Loans within them, and calculate everything monthly to the penny', and many can be tracked ...
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