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» Wells Fargo Settles MBS Trustee Suits; Jury Awards $27.8 Million to ResCap; NY Court Affirms Ruling
Wells Fargo Settles MBS Trustee Suits; Jury Awards $27.8 Million to ResCap; NY Court Affirms Ruling
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Wells Fargo Bank last week agreed to a $43 million settlement with a group of institutional investors to resolve two class-action lawsuits related to certain legacy residential MBS that resulted in huge investor losses.