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Trustees Seek Help In Splitting $4.5B JPMorgan RMBS Deal

By Jon Hill ( December 15, 2017, 9:42 PM EST) -- Units of Wells Fargo and other banks went back to New York state court Friday to ask for guidance on how they, as trustees for a slew of residential mortgage-backed securities trusts, should distribute the $4.5 billion they expect to receive soon from a settlement between JPMorgan and a group of investors in the trusts....

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