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ron_66271

04/11/22 9:41 PM

#685261 RE: ron_66271 #685259

US Bank, Was Another Large Trustee for WMI ABS.

Boarddork, I understand that you have information regarding this topic, true? Yes long ago.

From the FDIC; WMB securitized $2 Trillion in RMBS of which $500 Billion was sold to government agencies like F&F.

The securitizer is required to hold 15% minimum of their offerings produced.
WMI is the parent, so WMI held that Certificate Investment.
WMIIC. -> ‘a’ trust.


Ron
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MadBadger

04/11/22 9:55 PM

#685262 RE: ron_66271 #685259

Ron, I’m not sure what they did with it or where did it go but I did find this information.
SEATTLE, Jan. 18, 2018 /PRNewswire/ -- WMIH Corp. (Nasdaq: WMIH) (the "Company") today announced that it has completed the dissolution of its wholly-owned subsidiary WMI Investment Corp. ("WMIIC"). Earlier today, WMIIC filed a Certificate of Dissolution of WMIIC with the Office of the Delaware Secretary of State. The dissolution of WMIIC was effective immediately upon the filing of such certificate.

Prior to September 26, 2008, WMIIC held a variety of securities and investments; however, such securities and investments were liquidated and the value thereof distributed in connection with implementing the Company's Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code. As such, WMIIC did not have any assets or operations at the time of its dissolution.