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First Department affirms $400 million HAMP principal ruling for junior RMBS bondholders

Verifying
  • First Department affirmed junior bondholders' victory in the Wells Fargo RMBS trustee proceeding.
  • The case involved 34 trusts and roughly $400 million in principal recoveries.
  • The court affirmed Justice Andrew Borrok's July 2025 post-trial ruling.
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