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Triaxx Funds Object To JPMorgan's $4.5B RMBS Deal

By Jeff Sistrunk (October 29, 2014, 10:41 PM EDT) -- A group of funds known as the Triaxx entities will object to JPMorgan Chase & Co.'s proposed $4.5 billion settlement with 21 major institutional investors in residential mortgage-backed securities, Triaxx's lawyer said Wednesday, several weeks after the funds dropped their objections to Bank of America Corp.'s $8.5 billion RMBS deal....

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