Gibbs & Bruns in a release said today that its clients have issued instructions to trustees US Bank and HSBC to open investigations of ineligible mortgages in pools backing more than $19 billion worth of RMBS issued by different Wells Fargo affiliates.

The law firm's clients together hold in excess of 25% of the voting rights in the 48 trusts that have issued these securitizations, the statement from Gibbs & Bruns said.

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