Thanks RD for the excellent research and for connecting the dots. Even though we may not be able to exactly connect this to timely signed releases, it is the PROCESS that counts in my view
Now when we put together what you, Nightdaytrader and newflow have found which I will post below, I honestly believe the followingg is solid circumstantial evidence that we will be seeing distributions on or before the close of the year 2022 but more than likely we see monies in the current third quarter
------------------------------------------------------ NDT, great find and due diligence. Thanks for sharing. This POTENTIALLY ties it all together including roughly how much money. The article says 20 plus billion which tells me a minimum of 25B when one includes nominal interest over the years
I have no doubts that investors who signed timely releases by 3/2012 are beneficial owners involving a (DST) Delaware Statutory Trust. I have discussed this for years saying a DST would play a pivotal role in our eventual distributions
If the foregoing is accurate, then this means we will be receiving some form of shares sometime before the one-year post Trigger Event Date of WMILT being canceled on 12/31/2021 expires on 12/31/2022...so this could literally happen any day from this day forward
Issuance of a legal opinion as required by the SEC in order for a Delaware statutory trust, which manages assets in excess of USD 20 billion, to issue shares of a new trust series
Now Look at what NDT found linking the law firm as Delaware Trustee since the year 2006
Pooling and Servicing Agreement by and among WaMu Asset Acceptance Corp., as Depositor, Washington Mutual Bank, as Servicer, LaSalle Bank National Association, as Trustee, and Christiana Bank & Trust Company, as Delaware Trustee, dated as of June 1, 2006.
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