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August 5, 2014

JPMorgan Negotiates $4.5B Settlement with Mortgage Trustees, Some Hold Out

By Charles Wisniowski

Mortgage-bond trustees Ė including Bank of New York Mellon and U.S. Bank Ė have agreed to accept JPMorgan Chaseís $4.5 billion settlement offer on behalf of a majority of aggrieved trusts.

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