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Royal Park Can't Use Loan Sampling In US Bank RMBS Suit

By Jon Hill ( July 9, 2018, 10:34 PM EDT) -- A New York federal magistrate judge on Monday granted U.S. Bank NA's request for an order precluding Royal Park Investments SA/NV from using loan sampling to prove liability or damages in its proposed class action accusing the bank of bungling its duties as trustee for an array of residential mortgage-backed securitization trusts....

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