Wells Fargo Bank, National Association v. JPMorgan Chase Bank, National Association et al

  1. June 11, 2025

    JPMorgan Says It Was 'Victim' In $481M CMBS Loan Deal

    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.

  2. March 10, 2025

    JPMorgan Sued Over $481M CMBS Loan With 'Inflated' Metric

    Wells Fargo sued JPMorgan in New York federal court on Monday to make it pay up for a soured $481 million commercial real estate loan that it originated and securitized, allegedly based on "dramatically inflated" supporting financial data.