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US Bank, BofA Escape Hundreds Of MBS Trustee Claims

By Jessica Corso ( May 19, 2015, 2:42 PM EDT) -- A New York federal judge on Monday tossed claims brought by the federal government and private investors in separate suits against U.S. Bank and Bank of America, setting aside arguments that the banks failed to properly oversee hundreds of residential mortgage-backed security trusts under their purview. ...

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