MORE Dmdmd202 Proof/Evidence***UWs Wanted Class 19***NOW You Know Why-Why of course, Tthat is where the LARGE GREEN is located!
Everyone should ask themselves: Who were the entities that underwrote the MBS Trusts?
IMO...Once you answer that, the scheme becomes crystal clear.
The underwriters are not only the three main entities (Goldman Sachs, Credit Suisse, and Morgan Stanley), but almost all of the major investment banks were parties deemed as the “underwriters “ that were given Class 19 claims.
All the underwriters knew about the intentionally defective chains of title because they were the ones underwriting the MBS Trusts!
1% of Class 19 is not so small
IMO...my calculations:
$276.8 billion (potentially owned by WMI Subsidiaries/WMI Escrow Marker Holders due to 40% of securitizations that have defective chains of title) x 75% = $207.6 billion for Class 19
$207.6 billion x 1% (underwriters’ Class 19 claim) = $2.076 billion
Thus, IMO...underwriters would potentially get $2.076 billion for a $96 million indemnification claim.
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