1 April 28, 2017 THIS TRANSMITTAL CONTAINS IMPORTANT INFORMATION THAT IS of INTEREST to the BENEFICIAL OWNERS of the SUBJECT
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April 28, 2017 THIS TRANSMITTAL CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE BENEFICIAL OWNERS OF THE SUBJECT CERTIFICATES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO EXPEDITE RE-TRANSMITTAL TO SUCH BENEFICIAL OWNERS IN A TIMELY MANNER. Time Sensitive Informational Notice Regarding the Hearing Date for Trust Instructional Proceeding For the Trusts Listed on Exhibits 1-A and 1-B (“Trusts”) -and- Update on Settlement Concerning Litigation Against the Federal Deposit Insurance Corporation as Receiver for Washington Mutual Bank, JPMorgan Chase, N.A., and Washington Mortgage Securities Corporation (the “Litigation”) To the Holders of Certain Residential Mortgage Backed Securities Sponsored by Washington Mutual Bank, Long Beach Mortgage Company, Washington Mutual Mortgage Securities Corporation or Washington Mutual Asset Acceptance Corp. (Collectively, the “WaMu Securities”) CLASSES OF CERTIFICATES AND CUSIP NUMBERS LISTED ON EXHIBIT 21 Deutsche Bank National Trust Company (hereinafter, the “Trustee”) acts as trustee (including as trustee for certain related supplemental interest trusts) under the governing documents, which may include Pooling and Servicing Agreements, Servicing Agreements, Sale and Servicing Agreements, Trust Agreements or Indentures (collectively, the “Governing Documents”) for the residential mortgage backed securities trusts (collectively, the “WaMu Securities”). For additional information, holders of WaMu Securities are referred to the Trustee’s Report Regarding Status of Litigation to Enforce Certain Trust Claims dated October 17, 2012 and updates dated July 28, 2014, October 16, 2014, June 12, 2015, June 29, 2015, April 18, 2016, August 8, 2016, and August 19, 2016 (collectively the “Litigation Status Reports”) and the Informational Notice Regarding the Hearing Date for Trust Instructional Proceeding for Trusts Listed on Exhibits 1-A and 1-B, dated December 22, 2016. Except as otherwise expressly 1 The CUSIP numbers appearing on Exhibit 2 have been included solely for the convenience of holders of WaMu Securities. Deutsche Bank National Trust Company assumes no responsibility for the selection or use of such numbers and makes no representations as the correctness of the CUSIP numbers appearing herein. 1 provided, all terms used in this Notice that are defined in the Governing Documents shall have the meanings assigned to them in the applicable Governing Documents, the Litigation Status Reports and the Settlement Documents (as defined below). 1. Change of Hearing Date and Division of Court. The Trustee advised in the December 22 Notice that it filed a Verified Petition for Instructions Regarding the Internal Affairs of the Trusts in the Superior Court of the State of California, County of Orange, Probate Division (the “Court”) (Case No. 30-2016-00892014-PR- TR-CJC) pursuant to California Probate Code § 17200(a) and the common law of the State of California. Please be advised that the Probate Court has reassigned the case to the Complex Civil Panel of the Superior Court of California, County of Orange (the “Civil Court”) pursuant to the minute order attached hereto as Exhibit 3. The Civil Court has vacated the originally scheduled May 9, 2017 hearing and rescheduled the hearing on the Petition for June 16, 2017 at 9:00 am in the courtroom of Department No. CX102 of the Orange County Superior Court, located at the Civil Complex Center, 751 West Santa Ana Blvd., Santa Ana, California 92701, pursuant to the minute order attached hereto as Exhibit 4. Attached hereto as Exhibit 5 is the Notice of Hearing.2 Attached hereto as Exhibit 6 are the Civil Complex Guidelines for Orange County Superior Court. 2. Filing of Expert Report and Illustrative Trust Distributions. The Trustee has engaged Boies, Schiller & Flexner LLP as counsel to represent it in connection with these matters. On April 26, 2017, counsel for the Trustee filed a declaration submitting further evidence in support of the petition, including an expert report of Professor Daniel R. Fischel of Compass Lexecon and a letter from Jennifer Press, Managing Director of Duff & Phelps attaching a description of Duff & Phelps methodology for calculating amounts payable to each primary trust from amounts to be received by the Trustee under the settlement agreement using the allocation methodology set forth in the Petition and a chart showing, on a pro forma basis, the amounts that would be payable to each primary trust using such allocation methodology. The declaration and accompanying exhibits are attached hereto as Exhibit 7. To facilitate direct communication between the Trustee and the WaMu Security holders, WaMu Security holders are asked to request a “Certification of Beneficial Ownership” form the Trustee’s Notice Agent, Globic Advisors, then to complete and return the form in accordance with its instructions. Globic Advisors may be reached at: Globic Advisors Attn: Robert Stevens 880 Third Avenue, 12th Floor New York, NY 10022 Fax: (212) 271-3252 E-Mail: [email protected] The Trustee intends to post copies of this Notice, including the Petition with all of its exhibits, and copies of future Trustee notices and other information concerning the Petition 2 Included in Exhibit 5 is Judicial Council Form DE-120, which provides notice of the hearing. 2 on a website maintained by its Notice Agent: www.globic.com/wamurmbssettlement. In addition, the Court maintains a public website, http://www.occourts.org/online- services/case-access/, at which certain case-related information and documents may be accessed. If you have any questions with respect to this notice, please contact the Trustee at [email protected]. The Trustee may conclude that a specific response to particular inquiries from an individual Holder is not consistent with equal and full dissemination of information to all Securities holders. The Trustee makes no recommendation and gives no investment, legal or tax advice to holders of Securities. EACH HOLDER IS STRONGLY ENCOURAGED TO CONSULT WITH ITS OWN FINANCIAL, TAX AND/OR LEGAL ADVISORS REGARDING THESE MATTERS. DEUTSCHE BANK NATIONAL TRUST COMPANY, solely as Trustee cc: Required Notice Parties Attachments 3 Exhibit 1-A to April 28, 2017 Notice to Holders Trust No. Trust Name 001 Coast Federal 1992-1 002 GSAMP Trust 2005-S2 003 GSAMP Trust 2006-S1 004 Long Beach Home Equity Loan Trust 2000-LB1 005 Long Beach Mortgage Loan Trust 2000-1 006 Long Beach Mortgage Loan Trust 2001-1 007 Long Beach Mortgage Loan Trust 2001-2 008 Long Beach Mortgage Loan Trust 2001-3 009 Long Beach Mortgage Loan Trust 2001-4 010 Long Beach Mortgage Loan Trust 2002-1 011 Long Beach Mortgage Loan Trust 2002-2 012 Long Beach Mortgage Loan Trust 2002-5 013 Long Beach Mortgage Loan Trust 2003-1 014 Long Beach Mortgage Loan Trust 2003-2 015 Long Beach Mortgage Loan Trust 2003-3 016 Long Beach Mortgage Loan Trust 2003-4 017 Long Beach Mortgage Loan Trust 2004-1 018 Long Beach Mortgage Loan Trust 2004-2 019 Long Beach Mortgage Loan Trust 2004-3 020 Long Beach Mortgage Loan Trust 2004-4 021 Long Beach Mortgage Loan Trust 2004-5 022 Long Beach Mortgage Loan Trust 2004-6 023 Long Beach Mortgage Loan Trust 2005-1 024 Long Beach Mortgage Loan Trust 2005-2 025 Long Beach Mortgage Loan Trust 2005-3 026 Long Beach Mortgage Loan Trust 2005-WL1 027 Long Beach Mortgage Loan Trust 2005-WL2 028 Long Beach Mortgage Loan Trust 2005-WL3 029 Long Beach Mortgage Loan Trust 2006-1 030 Long Beach Mortgage Loan Trust 2006-2 031 Long Beach Mortgage Loan Trust 2006-3 032 Long Beach Mortgage Loan Trust 2006-4 033 Long Beach Mortgage Loan Trust 2006-5 034 Long Beach Mortgage Loan Trust 2006-6 035 Long Beach Mortgage Loan Trust 2006-7 036 Long Beach Mortgage Loan Trust 2006-8 037 Long Beach Mortgage Loan Trust 2006-9 038 Long Beach Mortgage Loan Trust 2006-10 039 Long Beach Mortgage Loan Trust 2006-11 040 Long Beach Mortgage Loan Trust 2006-A 041 Long Beach Mortgage Loan Trust 2006-WL1 042 Long Beach Mortgage Loan Trust 2006-WL2 043 Long Beach Mortgage Loan Trust 2006-WL3 30898933_2 Page 1 of 3 Pages EXHIBIT 1‐A Trust No. Trust Name 044 Morgan Stanley ABS Capital I Inc. 2000-1 045 WaMu 2006-0A1 046 WaMu 2007-Flex1 047 WaMu Asset Acceptance Corp. 2005-AR13 048 WaMu Asset Acceptance Corp. 2005-AR16 049 WaMu Asset Acceptance Corp. 2005-AR18 050 WaMu Asset Acceptance Corp. 2006-AR1 051 WaMu Asset Acceptance Corp. 2006-AR3 052 WaMu Asset Acceptance Corp. 2006-AR5 053 WaMu Asset Acceptance Corp. 2007-HE1 054 Washington Mutual Home Equity Trust l (PSA Cut-Off Date January 31, 2006) 055 Washington Mutual Mortgage Securities Corp. 2000-1 056 Washington Mutual Mortgage Securities Corp. 2001-7 057 Washington Mutual Mortgage Securities Corp. 2001-AR3 058 Washington Mutual Mortgage Securities Corp. 2002-AR12 059 Washington Mutual Mortgage Securities Corp. 2002-AR13 060 Washington Mutual Mortgage Securities Corp. 2002-AR14 061 Washington Mutual Mortgage Securities Corp. 2002-AR15 062 Washington Mutual Mortgage Securities Corp. 2002-AR16 063 Washington Mutual Mortgage Securities Corp. 2002-AR17 064 Washington Mutual Mortgage Securities Corp. 2002-AR18 065 Washington Mutual Mortgage Securities Corp. 2002-AR19 066 Washington Mutual Mortgage Securities Corp. 2002-AR2 067 Washington Mutual Mortgage Securities Corp. 2002-AR6 068 Washington Mutual Mortgage Securities Corp. 2002-AR9 069 Washington Mutual Mortgage Securities Corp. 2003-AR1 070 Washington Mutual Mortgage Securities Corp. 2003-AR2 071 Washington Mutual Mortgage Securities Corp. 2003-AR3 072 Washington Mutual Mortgage Securities Corp. 2003-AR4 073 Washington Mutual Mortgage Securities Corp. 2003-AR5 074 Washington Mutual Mortgage Securities Corp. 2003-AR6 075 Washington Mutual Mortgage Securities Corp. 2003-AR7 076 Washington Mutual Mortgage Securities Corp. 2003-AR8 077 Washington Mutual Mortgage Securities Corp. 2003-AR9 078 Washington Mutual Mortgage Securities Corp.