The total current loan balance of the deal as of the date discussed was $429,028,969.
Unresolvable The public record could not settle it.
Factual: Statements about the present or the past, checked against the record: did they hold up?
What would count as true or false
Judged against the trustee or servicer remittance report (or prospectus supplement) for the specific securitisation deal discussed, at the date referred to. True: the reported total current loan balance at that date is exactly $429,028,969 (allowing at most rounding of cents). Mostly true: the figure matches exactly but for a slightly different reporting date than stated, or it differs by a trivial amount, under 0.1%. Mixed: the figure is within about 1%, suggesting a different report or period. Mostly false: the figure is within about 5% or is the balance of a related deal or group. False: the documented balance differs by more than about 5%.
Set before the research began.
Evidence (2)
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E1 Michael Burry's Testimony Before The Financial Crisis Inquiry Commission ValueWalk · 29 March 2011 Own record
“Current certificate balances as of the date and these are of the date January 4 2007.”
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E2 Michael Burry's Testimony Before The Financial Crisis Inquiry Commission ValueWalk · 29 March 2011
“Current certificate balances as of the date and these are of the date January 4 2007.”
Reasoning
E2 and E4 are the same ValueWalk transcript of Burry's FCIC testimony. They show only that the balances he discussed were as of January 4, 2007, and neither quote contains the $429,028,969 figure. The criteria require a trustee or servicer remittance report or prospectus supplement for the specific deal, and none was provided, so the reported balance cannot be checked.
Cite this claim
Michael Burry, “The total current loan balance of the deal as of the date discussed was $429,028,969.” (said 2025). Verdict: unresolvable. Reliability API, claim c_d2353060fba8, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_d2353060fba8
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
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Mostly false
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Mostly true
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Resolved true
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Mostly true
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Mostly true
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Verdicts are made automatically; how verdicts are made.