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Servicing Agent for U.S. Bank Admits No Evidence Of Sale To WaMu 2007-OA5 Trust Prior To FDIC Receivership Of WaMu On 9/25/2008

Recently, I testified in a federal bankruptcy court hearing in which the claimant was named as U.S. Bank, N.A. as Trustee for the Washington Mutual Mortgage Pass-Through Certificates Series 2007-OA5 Trust to which the servicing “agent” was Select Portfolio Servicing (SPS). Prior to the hearing I...

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