JPMorgan Says Syncora Can't Bring $404M MBS Claims
By Eric Hornbeck ( February 21, 2012, 5:03 PM EST) -- An attorney for a JPMorgan Chase & Co. affiliate told a New York state judge Tuesday that federal litigation prevented bond insurer Syncora Guarantee Inc. from suing the bank over allegations that Syncora lost $404 million when it insured mortgage-backed securities....
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