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distrojunky

03/07/19 4:18 PM

#562795 RE: AZCowboy #562775

Any and all MBS/ABS that were held per their own rules concerning bankruptcy should now be released. If we had the schedule for dividends for MBS/ABS trusts, we would know when the first dollars would appear in our accounts? Tranche 5 should have noting to do with Trust releases if outside bankruptcy.

The first one should be a big one - all back dividends.


Pick
AZ, Our financial recovery will come from other sources ... Can this happen now without the closure of the BK or does have to happen after the closure of the BK. I thought once tranche 4 was done, things can start rolling....


AZ -
~ Pick, Yes I Believe So’ ~In my opinion and conclusions, ... it has been the unnecessary financial restraining of the completion of the payments to the Plan 7 allowed senior creditor debt, that have kept everything financially relevant from being able to move forward ... but that’s all over now’ ... the WMI-LT is Thankfully no longer relevant and no longer in a controlling position in my opinion ...You have been correct in your assessment of Tranche 5’
AZ