Houston (December 16) – Gibbs & Bruns LLP announced today that its clients have issued instructions to BNY Mellon, US Bank, Wells Fargo, Citibank, and HSBC, as Trustees, to open investigations of ineligible mortgages in pools securing over $95 billion of Residential Mortgage Backed Securities (RMBS) issued by various affiliates of JPMorgan. Collectively, Gibbs & Bruns’ clients hold over 25% of the Voting Rights in 243 Trusts that issued these RMBS.
“Our clients continue to seek a comprehensive solution to the problems of ineligible mortgages in RMBS pools and deficient servicing of those loans. Today’s action is another step toward achieving that goal,” said Kathy D. Patrick of Gibbs & Bruns LLP, lead counsel for the Holders.
The Holders anticipate that they may provide additional instructions to Trustees, as needed, to further the investigations. The securities that are the subject of these instruction letters include:
|
|
|
|
BALTA 2005-4 |
BSARM 2007-4 |
JPMAC 2006-WF1 |
SAMI 2006-AR8 |
BALTA 2005-7 |
BSARM 2007-5 |
JPMAC 2006-WMC1 |
SAMI 2007-AR1 |
BALTA 2006-1 |
BSMF 2006-AC1 |
JPMMT 2005-A1 |
SAMI 2007-AR2 |
BALTA 2006-5 |
BSMF 2006-AR1 |
JPMMT 2005-A2 |
SAMI 2007-AR3 |
BALTA 2006-6 |
BSMF 2006-AR2 |
JPMMT 2005-A3 |
SAMI 2007-AR4 |
BALTA 2006-8 |
BSMF 2006-AR3 |
JPMMT 2005-A4 |
SAMI 2007-AR5 |
BALTA 2007-1 |
BSMF 2006-AR5 |
JPMMT 2005-A5 |
SAMI 2007-AR6 |
BALTA 2007-2 |
BSMF 2006-SL2 |
JPMMT 2005-A6 |
SAMI 2007-AR7 |
BALTA 2007-3 |
BSMF 2006-SL3 |
JPMMT 2005-A7 |
WAMMS 2005-RA1 |
BSAAT 2007-1 |
BSMF 2006-SL4 |
JPMMT 2005-A8 |
WAMU 2005-AR12 |
BSABS 2005-3 |
BSMF 2006-SL6 |
JPMMT 2005-ALT1 |
WAMU 2005-AR15 |
BSABS 2005-AC1 |
BSMF 2007-AR1 |
JPMMT 2005-S2 |
WAMU 2005-AR17 |
BSABS 2005-AC2 |
BSMF 2007-AR3 |
JPMMT 2005-S3 |
WAMU 2005-AR19 |
BSABS 2005-AC5 |
BSMF 2007-AR4 |
JPMMT 2006-A1 |
WAMU 2005-AR5 |
BSABS 2005-AC7 |
BSMF 2007-AR5 |
JPMMT 2006-A2 |
WAMU 2005-AR7 |
BSABS 2005-AC8 |
BSMF 2007-SL2 |
JPMMT 2006-A3 |
WAMU 2006-AR10 |
BSABS 2005-AC9 |
CFLX 2005-1 |
JPMMT 2006-A4 |
WAMU 2006-AR11 |
BSABS 2005-AQ2 |
CFLX 2005-2 |
JPMMT 2006-A5 |
WAMU 2006-AR13 |
BSABS 2005-CL1 |
CFLX 2006-1 |
JPMMT 2006-A6 |
WAMU 2006-AR14 |
BSABS 2005-FR1 |
CFLX 2006-2 |
JPMMT 2006-A7 |
WAMU 2006-AR15 |
BSABS 2005-HE11 |
CFLX 2007-1 |
JPMMT 2006-S1 |
WAMU 2006-AR17 |
BSABS 2005-SD1 |
CFLX 2007-2 |
JPMMT 2006-S2 |
WAMU 2006-AR19 |
BSABS 2005-SD2 |
CFLX 2007-3 |
JPMMT 2006-S3 |
WAMU 2006-AR2 |
BSABS 2005-SD3 |
CFLX 2007-M1 |
JPMMT 2006-S4 |
WAMU 2006-AR6 |
BSABS 2005-SD4 |
CHASE 2005-A1 |
JPMMT 2007-A1 |
WAMU 2006-AR7 |
BSABS 2005-TC2 |
CHASE 2005-A2 |
JPMMT 2007-A2 |
WAMU 2006-AR8 |
BSABS 2006-1 |
CHASE 2005-S1 |
JPMMT 2007-A3 |
WAMU 2006-AR9 |
BSABS 2006-2 |
CHASE 2005-S2 |
JPMMT 2007-A4 |
WAMU 2007-HY1 |
BSABS 2006-AC1 |
CHASE 2005-S3 |
JPMMT 2007-A5 |
WAMU 2007-HY2 |
BSABS 2006-AC2 |
CHASE 2006-A1 |
JPMMT 2007-A6 |
WAMU 2007-HY3 |
BSABS 2006-AC3 |
CHASE 2006-S1 |
JPMMT 2007-S1 |
WAMU 2007-HY4 |
BSABS 2006-AQ1 |
CHASE 2006-S2 |
JPMMT 2007-S2 |
WAMU 2007-HY5 |
BSABS 2006-HE3 |
CHASE 2006-S3 |
JPMMT 2007-S3 |
WAMU 2007-OA1 |
BSABS 2006-HE6 |
CHASE 2006-S4 |
PRIME 2005-1 |
WAMU 2007-OA2 |
BSABS 2006-HE7 |
CHASE 2007-A1 |
PRIME 2005-2 |
WAMU 2007-OA3 |
BSABS 2006-IM1 |
CHASE 2007-A2 |
PRIME 2005-5 |
WAMU 2007-OA5 |
BSABS 2006-SD1 |
CHASE 2007-S1 |
PRIME 2006-DR1 |
WAMU 2007-OA6 |
BSABS 2006-SD2 |
CHASE 2007-S2 |
PRIME 2007-1 |
WMALT 2005-10 |
BSABS 2006-SD3 |
CHASE 2007-S3 |
PRIME 2007-2 |
WMALT 2005-11 |
BSABS 2006-SD4 |
CHASE 2007-S5 |
PRIME 2007-3 |
WMALT 2005-7 |
BSABS 2006-ST1 |
CHASE 2007-S6 |
SACO 2005-3 |
WMALT 2005-8 |
BSABS 2007-1 |
EMCM 2006-A |
SACO 2005-WM3 |
WMALT 2005-9 |
BSABS 2007-AC3 |
JPALT 2005-A2 |
SACO 2006-10 |
WMALT 2005-AR1 |
BSABS 2007-AC4 |
JPALT 2005-S1 |
SACO 2006-6 |
WMALT 2006-1 |
BSABS 2007-AC5 |
JPALT 2006-A1 |
SACO 2006-7 |
WMALT 2006-AR1 |
BSABS 2007-AC6 |
JPALT 2006-A2 |
SACO 2006-9 |
WMALT 2006-AR10 |
BSABS 2007-AQ2 |
JPALT 2006-A4 |
SACO 2007-1 |
WMALT 2006-AR3 |
BSABS 2007-FS1 |
JPALT 2006-A5 |
SACO 2007-VA1 |
WMALT 2006-AR5 |
BSABS 2007-HE4 |
JPALT 2006-A6 |
SAMI 2005-AR1 |
WMALT 2006-AR6 |
BSABS 2007-HE6 |
JPALT 2006-A7 |
SAMI 2005-AR2 |
WMALT 2006-AR7 |
BSABS 2007-HE7 |
JPALT 2006-S1 |
SAMI 2005-AR3 |
WMALT 2006-AR8 |
BSABS 2007-SD1 |
JPALT 2006-S2 |
SAMI 2005-AR4 |
WMALT 2006-AR9 |
BSABS 2007-SD2 |
JPALT 2006-S3 |
SAMI 2005-AR5 |
WMALT 2007-2 |
BSARM 2005-1 |
JPALT 2006-S4 |
SAMI 2005-AR7 |
WMALT 2007-3 |
BSARM 2005-10 |
JPALT 2007-A1 |
SAMI 2006-AR1 |
WMALT 2007-4 |
BSARM 2005-12 |
JPALT 2007-A2 |
SAMI 2006-AR2 |
WMALT 2007-OA1 |
BSARM 2005-2 |
JPALT 2007-S1 |
SAMI 2006-AR3 |
WMALT 2007-OA2 |
BSARM 2005-5 |
JPMAC 2006-CH1 |
SAMI 2006-AR4 |
WMALT 2007-OA3 |
BSARM 2005-6 |
JPMAC 2006-FRE2 |
SAMI 2006-AR5 |
WMALT 2007-OA4 |
BSARM 2005-7 |
JPMAC 2006-HE2 |
SAMI 2006-AR6 |
WMALT 2007-OA5 |
BSARM 2005-9 |
JPMAC 2006-NC2 |
SAMI 2006-AR7 |
|
###
ABOUT GIBBS & BRUNS LLP
Gibbs & Bruns is a leading boutique law firm engaging in high-stakes business and commercial litigation. The firm is renowned for its representation of both plaintiffs and defendants in complex matters, including significant securities and institutional investor litigation, director and officer liability, contract disputes, fraud and fiduciary claims, energy, oil and gas litigation, construction litigation, insurance litigation, trust & estate litigation, antitrust litigation, legal and professional malpractice, and partnership disputes. Gibbs & Bruns is routinely recognized as a top commercial litigation firm in the US. For more information, visit www.gibbsbruns.com.
Contact
Kathy Patrick
Gibbs & Bruns LLP
[email protected]
713.751.5253