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Deutsche Bank Statement Regarding Settlement with Los Angeles City Attorney

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NEW YORK--(BUSINESS WIRE)--We are pleased that we could bring together the relevant parties to help facilitate a resolution of this matter for the City of Los Angeles. The settlement will be paid by the servicers responsible for the Los Angeles properties at issue and by the securitization trusts that hold the properties. As part of the resolution, the servicers will continue to work with the City to maintain these properties and Deutsche Bank as trustee will continue to intermediate between the

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