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WELCOME TO THE JP MORGAN RMBS FAIR FUNDS WEBSITE


Please Note: Exhibit A to the Plan of Distribution for the Bulk Settlement Practice, which contains a listing of the Eligible Certificates in the Harmed Trusts, has been revised but none of the changes affect the Proof of Claim Form or a Potentially Eligible Claimant's submission of a Proof of Claim Form or their entitlement to a Distribution Payment.

On November 16, 2012, the Commission filed a complaint against six defendants: J.P. Morgan Securities LLC (“JP Morgan”), EMC Mortgage, LLC (“EMC”), Bear Stearns Asset Backed Securities I, LLC (“Bear Stearns”), Structured Asset Mortgage Investments II, Inc. (“SAMI”), SACO I, Inc. (“SACO”), and J.P. Morgan Acceptance Corporation I (“JPMAC”) (collectively, “Defendants”). The Complaint alleged that the Defendants violated federal securities laws in connection with billions of dollars of offerings of residential mortgage-backed securities (“RMBS”) collateralized largely by subprime mortgage loans. The violations resulted from: (a) an undisclosed practice of negotiating cash settlements with mortgage loan originators on loans that violated the representations, warranties, and covenants made by the originators after the loans were securitized but keeping the consideration received without notifying the trusts that owned the loans (“Bulk Settlement Practice”); and (b) the inclusion of delinquent loans in a December 2006, $1.8 billion RMBS offering that was underwritten by JP Morgan and collateralized by loans that J.P. Morgan Acceptance has purchased from WMC Mortgage Corporation (“Delinquency Disclosure Conduct”).

On January 7, 2013, the Court entered a Final Judgment (“Final Judgment”) as to the Defendants pursuant to Rule 54(b) of the Federal Rules of Civil Procedure. The Final Judgment held JP Morgan, EMC, BSABS, SAMI and SACO jointly and severally liable for a total of $222,415,536 in disgorgement ($137,800,000), prejudgment interest ($24,265,536), and civil penalties ($60,350,000) for conduct relating to the Bulk Settlement Practice alleged in the Complaint. In addition, the Final Judgment held JP Morgan and JPMAC jointly and severally liable for a total of $74,500.000 in disgorgement ($39,900,000), prejudgment interest ($10,600,000), and civil penalties ($24,000,000) relating to the Delinquency Disclosure Conduct alleged in the Complaint.

Pursuant to the Final Judgment, on January 17, 2013, Defendants paid a total of $296,915,536 to the Commission.


BULK SETTLEMENT PRACTICE
If you purchased eligible RMBS sponsored by EMC Mortgage, LLC or in which Bear Stearns Asset Backed Securities I, LLC, Structured Asset Mortgage Investments II, Inc., or SACO I, Inc. acted as depositor you may be eligible to share in the distribution of the $222,415,536.00 J.P. Morgan RMBS Bulk Settlement Practice Fair Fund.

HOW TO RECEIVE A PAYMENT
To qualify for a Distribution Payment, you must file a signed Proof of Claim Form with the Distribution Agent postmarked on or before the Filing Deadline, November 28, 2017. A Proof of Claim Form was included with the Notice or you may download a Proof of Claim Form here.

Be sure to complete all information requested on the Proof of Claim Form that applies to you including your signature, and attach sufficient documentation reflecting your purchases and/or acquisitions of the securities listed on Exhibit A to the Plan of Distribution for the Bulk Settlement Practice. If you do not provide all required information and sign the Proof of Claim Form, your claim may be rejected.


DELINQUENCY DISCLOSURE CONDUCT
If you purchased or otherwise acquired eligible Residential Mortgage-Backed Securities (“RMBS”) in the J.P. Morgan Mortgage Acquisition Trust 2006-WMC4, you may be eligible to share in the distribution of the $74,500,000.00 J.P. Morgan Delinquency Disclosure Fair Fund.

HOW TO RECEIVE A PAYMENT
To qualify for a Distribution Payment, you must file a signed Proof of Claim Form with the Distribution Agent postmarked on or before the Filing Deadline, May 16, 2018. A Proof of Claim Form was included with the Notice or you may download a Proof of Claim Form here.

Be sure to complete all information requested on the Proof of Claim Form that applies to you including your signature, and attach sufficient documentation reflecting your purchases, acquisitions, or sales of the securities listed on Exhibit A to the Notice. If you do not provide all required information and sign the Proof of Claim Form, your claim may be rejected.

Disclaimer

IMPORTANT: THIS SITE IS NOT OPERATED BY J.P. MORGAN SECURITIES LLC, EMC MORTGAGE, LLC, BEAR STEARNS ASSET BACKED SECURITIES I, LLC, STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC., SACO I, INC., OR J. P. MORGAN ACCEPTANCE CORPORATION I.  THIS SETTLEMENT IS SUPERVISED BY THE SEC.  THE DISTRIBUTION AGENT HANDLES ALL ASPECTS OF CLAIM PROCESSING.  THIS IS THE AUTHORIZED WEBSITE FOR THIS SETTLEMENT.  PLEASE DO NOT RELY UPON OTHER SITES THAT SET OUT DIFFERENT AND UNAUTHORIZED INFORMATION.

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