JPMorgan Says It Was 'Victim' In $481M CMBS Loan Deal
By Isaac Monterose ( June 11, 2025, 5:26 PM EDT) -- JPMorgan Chase Bank has urged a New York federal court to toss a claim in a lawsuit Wells Fargo brought against it over a defaulted $481 million commercial real estate loan that JPMorgan originated and securitized, arguing it was actually "the victim" of a criminal scheme in which its borrowers "inflated" financial figures for a portfolio of 43 multifamily properties....
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