Mislead/Inform plus Litigation Update
Topics:
Intex may mislead you on Forbearance
FYI – We will update our forbearance data after the March 2018 Remittance. You must use our data if you see a Deutsche Bank or US Bank remittance.
Bloomberg will mislead you on this Valuation (not their fault)
Examples from TMST 2005-1, HVMLT 2005-15, JPMMT 2006-A5, MARM 2005-1, OOMLT 2007-2, JPALT 2006-S3,
JPMorgan Chase RMBS Settlement – Latest Docket Entries 657387/2017
Request to the Court to enter proposed judgement without further delay for 98 trusts, where one or a group of investors comprise the entire intervening group, or there is no intervening group, and settlement payout is not in dispute
Spreadsheet attached with deal names (that’s helpful)
Lehman Settlement Update
40% of $2.38 billion = $952 million, so approximately $1 billion is the expected payout to bond holders
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