Wow. Payments are coming. Some money will come through the FDIC, not "from" or "by" the FDIC. For example, JP Morgan Chase owes me through the FDIC.
Now, get a sense of the self-righteous oinkers at JPM who prefer owing me rather than paying me while being invested in the same escrowed shares as well at the same time. Oh, and they are on salary babysitting our money while delaying all they can. No incentive to expedite the settlement of their debt to me! If I'm wrong please show me.
Some will come from WMI, Inc. because it is that corporate entity from which the escrowed shares originate.
It will appear that Mr. Cooper paid me when I get shares but it's all about what I hold of WMI, Inc.
If another plain speaking, clear writing, informed board member can clarify this topic using fewer words and remain accurate please do.
Correct wording is easily misinterpreted or simply misunderstood. I'm still trying understand and express the relevant facts accurately.
My shares, just like all our escrowed shares, were set aside to receive value in the form of payment based on WMI, Inc.'s title to certain specific "assets", income streams, and liquidated property, once and still, belonging to the original issuer! It's about line of title and it's mine and they are still f'n with it all, basically.
Though they - the old LT, FDIC, JPM, A&M, KKR, etc. - a morass of polished broom sticks, are still trying to do whatever to game the system, imo.
Basically, it's about a few individuals who are not caring to move it along because they are still earning money NOT paying. Again, imo and if you don't agree, don't just say so, be convincing, please.
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