~ Yes Agree, Servicing Fees charged ONLY for the WMI Holding Companies Reorganization’s, Maintenance of WMI’s Off Balance Sheet Financially Earning Assets … never allowed to be considered in the Court proceedings … Wells Fargo’s Position as the Indentured / Property Trustee IS NOT servicing loans … able to warehouse the funds without commingling the earnings of the Three equity class cusip designated trusts … ~
Daily, ol’ cactus is able to review as a Direct Owner, the WMB Note / Euro Bonds listed servicer by being serviced by a sub of JPMC … the WMB Note / Euro Bonds (originally the class 17’s) … went along with the seized bank, WMB …
The WMB Note / Euro Bonds will probably reconstitute, and release earned interest to an actual owner, … as the P&AA is completed between the FDIC and JPMC …
The WMI asset earners, held off balance and away from consideration by the Judge … are a completely different subject … apples and oranges …
In my opinion these are separate actions … Go Rocket …
just sayin’
AZ
Bullish