Steps to Reproduce:
1. Generate relational model from WS (SOAP)
2. Select connection profile and some operation click Next>
3. Select different project subdirectories for source and view model.
4. In the Procedure generation section select radio option "Default procedures" and click Finish
5. Both models are saved in the same subdirectory

With User-specified procedures all works OK

JBDS 7.1.1.GA + TeiidDesigner 8.3.2