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ItsMyOption

10/18/19 9:36 AM

#592103 RE: Large Green #592102

Thanks Large Green I really enjoy reading the posts from Dmdmd2020 he has done an intense amount of DD and understands this case as well as anyone.
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hotmeat

10/18/19 5:06 PM

#592184 RE: Large Green #592102

""IF"", and that's a big IF, anything substantial is to come to our Markers I believe it will come from the benefits the former TPS holders, now REITS, were obligated to receive.

While it's clear that the attempt to regain control of the TPS assets failed in court, it is possible that the REITS holders did not lose their right to cash distributions from said assets.

It has been confirmed that the $4B invested by the original TPS holders was backed by $13.5B in actual assets and as such, depending on the quality of those loans, they could provide a return.

With Tranche 6 now including WAMUQ, WAMPQ, WAMKQ and REITS, any distributions generated by performing TPS assets could possibly result in cash distributions to our Markers.

Although I hope this is actually the case, I honestly don't have much confidence that such an event will occur.
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Dmceng4

08/30/21 7:05 PM

#667854 RE: Large Green #592102

LG

Nice to see that dissertation again!!
Kind of reassuring what ever the final outcome is, isn't it?lol
Take care