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GE Can't Dodge BNY Mellon Suit Over $900M MBS Trust

By Daniel Siegal ( January 15, 2014, 3:04 PM EST) -- Bank of New York Mellon can sue General Electric Mortgage Holding LLC to repurchase loans that originated with a GE subsidiary, a New York federal judge ruled Tuesday, saying both entities are responsible for the quality of loans in the $900 million mortgage-backed security....

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