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AZCowboy

02/23/25 3:58 PM

#739077 RE: AZCowboy #739076

~ All of the ol' cactus original WMI Plan 7's reorganizations "Owned" and "Released" ... p's, k's, and common share uq's, ? ... are being and continue to be maintained at the DTC' ... w/o any ratios of distribution mentioned (duh) ... just like pennniies' and gwb' etc. ?, the misrepresented, 75/25, by the trash' was only to ... "To The End" ... of the now closed up wmi-lt' ~

... coooooooooo;l' ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175846781

"Abba Da Ayy"

AZ
Bullish
Bullish
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Royal Dude

02/23/25 5:49 PM

#739084 RE: AZCowboy #739076

AZ I am so glad I am not you. I wish you only the best.
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PickStocks

02/23/25 5:49 PM

#739085 RE: AZCowboy #739076

Quote: "You're Welcome Dragoon, ... DB4, ... EXO, ... and many, many others' ~"


Ok mean girl......Very simple here......are you guaranteeing your fan club that they will receive a distribution or is this another opinion that could happen....you claim what you post is fact....tell them you are guaranteeing them a distribution......
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955

02/24/25 9:05 AM

#739102 RE: AZCowboy #739076

So, what are you saying AZ? I've backed and supported you every way possible in the past, but this sounds like trickery buffoonery. That returning the signed original WMI common share' release' document back in 2012 was not enough to guarantee participation??? That is what was stated and implied as all the action that was necessary to participate. Then what was the purpose of returning that original release doc? Sounds like a strong case can be made for Gov intervention on top of a lawsuit regardless of the verbiage on the release doc. Certainly NOT an example of Covenant Good Faith and Fair Dealing.
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BigBang

02/24/25 10:05 AM

#739105 RE: AZCowboy #739076

IT IS', the DTC that has been and is maintaining the elections submitted by an individual submitting a release' document

Have you, or is it even possible, contacted the DTC to verify that they have your election documents on file?
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PickStocks

10/05/25 2:17 AM

#748764 RE: AZCowboy #739076

Your three CUSIPs are WMI securities used for Plan 7 voting/election processing via DTC—not Wells Fargo MBS trusts.
939322 103 = Common (Class 22).

939322 814 = Preferred “P” (Class 19).

939322 830 = Preferred “K” (Class 19).

The “tender into the DTC election account” language is standard DTC/ATOP processing for corporate-action elections (opt-in/out of releases). It ensured the positions were blocked while KCC tallied elections. It does not create any ongoing DTC-held claim or a pipeline to Wells Fargo trusts.

WMILT handled all WMI estate distributions; it made its final distribution Jan 10, 2020 and wound down. There’s no active distribution path today tied to those CUSIPs.

Wells Fargo “WaMu MBS” trusts are separate securitization trusts that pay their certificate holders, not former WMI common/preferred. Courts routinely reference Wells Fargo as trustee for WaMu Mortgage Pass-Through trusts—that’s a different legal silo from WMILT.

What your quoted text means (in plain English)
For each CUSIP, the ballot says your broker (Voting Nominee) must “tender” your position into a DTC election (contra-CUSIP) account so your release election counts; once tendered, the position is blocked from trading until released. That’s exactly how DTC ATOP works for voluntary corporate actions.

Example artifacts showing this, matching your quotes:
Common (939322 103 / Class 22) ballot—tender into the DTC election account; trading blocked while tendered.

Preferred K (939322 830 / Class 19) ballot—same tender + block language.

Preferred P (939322 814 / Class 19) ballot—same again.

Important clarifications
Does DTC “maintain” those elections today? No. ATOP is a processing rail for participating brokers during the event window. After the event, DTC releases or cancels the tendered positions back to the target CUSIP (or the CUSIP is later deleted/canceled), and the official record of elections/distributions lives with the issuer’s agent (KCC/WMILT)—not DTC. WMI even issued press releases instructing DTC to release and return tendered securities back to their trading CUSIPs once appropriate.

Any tie to a “Wells Fargo trust”? None for these CUSIPs.
Wells Fargo, as trustee, appears in litigation and filings for WaMu Mortgage Pass-Through Certificate trusts (e.g., Series 2004-PR2, 2005-PR1, 2006-PR1). Those trusts distribute cash only to their MBS certificate holders, unrelated to former WMI equity.


WMILT distributions followed the confirmed Plan and ended Jan 2020; nothing routes through Wells Fargo MBS trustees for your CUSIPs.

Bottom line for your three CUSIPs
They were ballot/election identifiers for WMI equity classes under Plan 7.
DTC election accounts were a temporary processing mechanism, not an escrow of future value.
No active WMILT distributions remain, and no Wells Fargo MBS trust pays on these CUSIPs.
Sources you can save:
Fidelity’s ballot index mapping the CUSIPs to Classes (22 and 19).

Ballot PDFs showing the tender/blocking language (your quotes).

DTC ATOP user guide (how elections are processed).

WMILT final distribution/wind-down notices (Dec 2019 approval; Jan 2020 final).