Hiding Curtains Behind Curtains

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TRANSACTIONS GETTING BURIED ON PRIVATE EXCHANGES WITH PRIVATE MEMBERS

EDITOR’S NOTE: As the press and Attorneys General and DOJ, and regulatory agencies get geared up for what will be prosecutorial events, the banks are busy burying the bodies in transactions conducted in “private exchanges” whose members are private as well. That’s why merely getting the “name of the trust” is a start, and a good one, but it is not the end of the story. You need a full scale history on the pools claiming ownership now and the pools that once claimed ownership of the mortgage loans but now don’t.

They are all named in a foreclosure proceedings as though they were real and as though they really owned anything. They do not own anything, even if we were to assume the pools or trusts were real. But they do have a huge liability created by the sale of credit default swap contracts, in which the entire SPV (or the tranches, which seem to have no independent existence but still are named as parties in these contracts) agree to pay to the buyer of the credit default swap, an amount of money equal to the “value” of the default. That value is declared and is presumptively correct as stated by the Master Servicer which is actually the Investment Bank.

The fact that the mortgage bonds were bogus and that the pools were fictitious is a big potential problem for the banks and large potential opportunity for the homeowners who engaged in transactions involving table-funded loans that were “securitized.”  So the solution adopted by the banks is the time honored tradition of keeping the “assets” moving. It is challenging to notice important details of something that is in motion. And one of the main ways that they are keeping it motion is through private trades on private exchanges in which the pools are broken up or terminated.

Why is this important? Imagine that you are in litigation with John Smith. Unknown to you and the Court because the attorney on the other side doesn’t tell anyone, contrary to his duties to do so, the parties have changed several times since the litigation began. John Smith has entered into private, unrecorded, unregistered transactions that change the whole context of your claim. It’s your job to press i  discovery for information regarding those changes. Believe me, they will do anything and everything to avoid disclosing that information. It is hot button that can be used very effectively in forcing some nice settlement or even full quiet title against the banks.

FROM MARY COCHRANE:

Just how did New Jersey entities West of Wall Street) control the mortgage real estate industry and harm the economy?

Norwest Corp & Chase Manhattan Mortgage Corp (“CMMC”) and GMAC-RFC announce their newly acquired affiliate – largestproducer of non-conforming mortgage products ‘Norwest Asset Securities Corp’

Meanwhile diversitures, acquisitions continue where foreign owners acquire pipeline and place in their ‘stables’ national consumer production entities. Office of Comptroller of Currency the LOOPHOLE who allowed the SERVICER segway to become a pipeline separated from national banks and allowed the national banks to affix their privae brand label to the transactions.

Loopholes ‘Certain Relationships and Related Transactions’ processed over SEC (by private members of private financial exchanges) approved by OCC whos has visitorial powers and CONGRESS created and vested the ‘limited’ no correct that ‘unlimited’ supervisory authority control of the Federal Reserve System to ‘trump’ federal and state statutory laws created under Article I, to be enforced under Article II Executive Branch, and when ‘alleged unlawful business acts of commerce’ Petition to Redress Grievances submitted to CONGRESS regarding alleged unlawful business acts, submitted by consumers, CONGRESS has DUTY (fiduciary duty) to welfare of nation, to investigate the complaints and allow the Attorney Generals given Jurisdiction over such matters vested the powers to enforce laws.

When did the OCC get the authority to allow ‘banks’ and their subsidiaries (of any kind) to take deposits in any treasury ?
When did the OCC get the authority to allow SERVICERS, Master Servicers, SubServicers, Special Services, Agents/Dealers/Brokers/Distributors Wholesale and retail to affix the label of any Agent/Agency and use the name of a national bank to process all transactions related to foreclosure in bad faith preventing enforcement of laws using ‘visitorial powers’ to prevent Executive Branch to perform their duty and primary responsiblity from the Commander-in-Chief down, through each Governor of every state, in all 50 States and US Territories to not protect consumers and deny consumers due process of law and subject consumers to unlawful seizure of property whose possession taken by third party in larcenous manner.

Since when can the OCC allow any bank other than a national banking associatino to convert depostis of national bank into securities? Just because ‘Wells Fargo Home Mortgage, Inc.’ 2004 merged out of existence? All transactions of SERVICER as SELLER of Discounted Loans to non-related third parties who close not with Wells Fargo Bank NA rather Wells Fargo Funding and its subsidiaries whose Agents/Dealers/Brokers/Distributors are allowed to affix to all transactions related to consumer retail mortgage loans affix a national bank label, and call the ‘deposit’ of funding from unrelated third party (Investor purchase funds from Warehouse Lender all who are unrelated but a subsidiary – example Pinnacle and there are still 105 of these beauties alive and converting)…don’t understand? Call 973-347-3475….

Local Wells Fargo employee in 2006 winds up in bad faith sells to consumer a defective mortgage loan products and the consumer unaware the ‘mortgage financial products’ is defective at time of sale causing substantive harm to consumer…can not report to DOBI, NJ DOBI, Criminal Crimes Unit of New Jersey, Attorney General US and State, they say not their jurisidiction why? Wells Fargo Funding is not a national bank. The SERVICER ‘Wells Fargo Home Mortgage’ is a division of the National Bank! LOOPHOLE!
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Will ‘Chase Manhattan Mortgage Corp’ be a division too?
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What was ‘Request for no-action letter forwarded to Office of Chief Counsel Div of Corporate Financing, 6/18/1993 and response of SEC 8/4/1993 to no-action request as related to 1998 – Item 13 – Certain relationships and related transactions?
The Money Store Trust & Chase Manhattan Bank – Asset Backed Certificates Class BH-1? owner 100% — ?

Class AF-1 – Chase Manhattan Bank and
State Street Bank & Trust Co
Class AF-2 Money Store Trust c/o Mellon Bank NA & Chase Manhattan Bank & State Street Bank

Class AF-3 Bankers Trust Co (Deutsche Bank)
c/o BT Services TN; Bankers Trust Company/First Union Safekeeping Dealer Clearance, Chase Manhattan Bank, Prudential Securities Inc, c/o ADP Proxy Services, 51 Mercedes Way, Edgewood NY, Sate Street Bank & Trust Co,

Class AF-4 Northern Trust Co, PNC, State Street Bank & Trust CO,

Class AF-5, Money Store Trust, Bankers Trust c/o BT Services TN, c/o Mellon Bank NA, Chase Manhattan Bank/MSTC, State Street Bank & Trust CO,

Class AF-6 Money Store Trust, Bank of NY, Chase Manhattan Bank,

Class AF-7 Money Store Trust, Bankers Trust Co, c/O BT Services TN, Northern Trust CO, State Street Bank & Trust Co, US Bank NA, MPFP Proxy Unit, 601 Second Ave South, Minneapolis MN

Class AF-8 Money Store Trust, BNY, 100%

Class AF-9 Bankers Trust Co c/o BT Services, Nashville TN (Boston Safe Deposit & Trust Co) c/o Mellon Bank NA, Chase Manhattan Bank, Firstar Trust Co,

Class AV-1

1998 MBIA Insurance Corp (Surety provider for The Money Store Trust Backed Certificates, Series 1998-A) and subsidiaries in 10K 12/31/1998 filed with SEC by MBIA inc on 3/26/19999 incorporates the consolidated financial statements.

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1996 – Chase Manhattan Mortgage Corp (“CMMC”) and GMAC-RFC and Norwest Corp annouce newly acquired affiliate largest producer of non-conforming mortgage products (Norwest Asset Securities Corp (“NASCOR”)

South Dakota Secretary of State (great records Thank You!)

Chase Manhattan Mortgage Corp
FB014938
Incorporation: 11/15/1991
Home State: New Jersey
Established SD: 12/1993 filed Annual Report
Status Inactive: 8/2005
August 2005 Withdrawal South Dakota

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Flavor of why understanding how JPMorgan’s
Chemical Banking Corp: National Consumer Business EVP Thomas Jacob 1993/1994: What we have been lacking is a certain balance in our originations network. We are primarily a wholesale and correspondent lender. Integration of mortgage operations with Chemical’s.

Margaretten Financial Corp merger with Chemical Banking Corp; Chemical Residential Mortgage Corp, CEO David Frank 9/2/1994

As president of Margaretten, Thomas Jacob had been the designated successor to chairman Felix Beck even before Margaretten went public in February 1992. Thomas Jacob will be running the combined mortgage operations of Margaretten and Chemical, a business more than twice the size of Margaretten. Mr. Beck, Mr. Frank’s longtime mentor, will stay on as a nonexecutive chairman who retires in 2009 from Chase Holdings….

The Margaretten and Chemical Bank merger produced a mortgage operation with a servicing portfolio of more than $50 billion, pushing Chemical into the top 10 in the industry. Chemical Mortgage, based in Worthington, Ohio, was No. 13 and … http://www.highbeam.com/reg/reg1.aspx

Margaretten & Co. led by Felix Beck from loan originations 1990 to 1993 top 20 origintors. Now Margaretten has been swallowed by Chemical Banking Corp., the resulting Chemical Residential Mortgage Co. has moved a dozen miles to new quarters in Metropark, N.J., Mr. Beck has retired as chairman, and his long-time No. 2 man, David Frank, will head Chemical’s mortgage operations. http://www.highbeam.com/reg/reg1.aspx

Felix Beck retires 2009 from Chase Mortgage Holdings Inc. Formerly 1990 Margaretten & Co. Inc.
Perth Amboy, New Jersey

Copyright 2009 Mortgage Bankers Association of America: Felix M. Beck, who has served as chairman emeritus of Chase’s Home Loan Lending business for the past 14 years and has been in the mortgage industry for more than 60 years, has announced his retirement.

Beck began his career with New Jersey Savings & Loan League, working his way up to leadership positions with financial institutions that included Carteret Savings & Loan Association and J.I. Kislak Mortgage Corporation. He spent most of his career at Margaretten …
(Highbeam Research Free Subscription) http://www.highbeam.com/reg/reg1.aspx

David Frank elected president of Margaretten mortgage company 1/8/1991.
DAVID FRANK ELECTED PRESIDENT OF MARGARETTEN MORTGAGE COMPANY

PERTH AMBOY, N.J., Jan. 8 /PRNewswire/ — The elevation of David A. Frank to president and chief operating officer was announced today by Margaretten & Company, Inc. Margaretten, the mortgage banking unit of Primerica Corporation (NYSE: PA), is a leading provider of conventional mortgage loans and is believed to be the nation’s largest originator of FHA-insured loans for single-family homes and of VA-guaranteed mortgages.

As the new president of Margaretten, Frank succeeds Edward L. Blau, who was named vice chairman and continues as chief administrative officer. Frank’s advancement was …http://www.highbeam.com/reg/reg1.aspx

Eileen Reinhardt (Borad of Directors 1993 Merger)
Item of interest:
MARGARETTEN FINANCIAL FOUNDATION INC
(c/o EILEEN REINHARDT) 205 SMITH ST Charitable Organization * * * 05/1994

Annual Report – November 1992
Margaretten & Co. Inc. is 100% Owned by Margaretten Financial Corp
205 Smith St
Perth Amboy, NJ 08861
Incorporated: New Jersey
205 Smith St, Perth Amboy NJ 08861
Mortgage Banking
Middlesex County
Eileen Reinhardt SVP Margaretten & Co., Inc.

Chase Commercial Mortgage Securities Corp
6/5/96 to 5/25/01

SEC Office of Chief Counsel, Division of Corporations, 9/17/1996 approve the request of Chase Commercial Mortgage Securities Corp who choose to report report pursuant to Section 15(d), 13 and 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),as amended (the “Exchange Act”), in the manner described therein.
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Inquiring minds want to know in the Year Nineteen Hundred Ninty Six (1996)
is this the 1st Bear Stearns & Chase deal?

Whose private trust fund monies (pension fund? Bausch Lomb?) (Redwood Trust?) inside already January and March 1996.
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January $190,000,000 Class A-1
‘Commercial Mortgage Pass-Through Certificates, Series 1996-1
March Class A-2$
Why PSA end date July 1996 (six months later)
6/26/96 424B2 Registrations Prospectuses — Rule 424(b)(2) & Prospectus • Rule 424(b)(5)

DEPOSITOR-COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1996-1

Class A-1 .. $190,000,000(6) % January 18, 2006 July 18, 2028The Offered

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In the Year Ninteenhundred Ninty Six: 1996

Chase Commercial Mortgage Securities Corp (Depositor) 8-K • For 7/30/96
EX-4 Pooling and Servicing Agreement

Chase Commercial Mortgage Securities Corp (Agent)

“Agent”: As defined in Section 5.02(d)(i)(A)
(Registrant) (Depositor)(Servicer of Mortgage Loans) (Initial: Paying Agent, Certificate Registrar & Authenticating Agent.

“Authenticating Agent”: Any agent of the Trustee appointed to act as Authenticating Agent pursuant to Section 5.01.

———————————————————————

Depositor, Chase Commercial Mortgage Securities Corp., 380 Madison Avenue, New York, New York 10017, Attention: Jacqueline R. Slater, with a copy to Jeanne M. Mininall, Esq., telecopy number: (212) 270-7481

Servicer: The Chase Manhattan Bank, CCMB Servicing Division, 380 Madison Avenue, 11th Floor, New York, New York 10017 Attention: Janice Smith, V.P. telecopy number: (212) 622-3553;

Special Servicer, Lennar Partners, Inc., 700 NW 107th Avenue, Suite 400, Miami, Florida 33172, Attention: Jeffrey Krasnoff, telecopy number: (305) 226-7691, with a copy to Brian Bilzin, Esq., 2500 First Union Financial Center, Miami, Florida 33131, telecopy number: (305) 374-7593

Trustee LASALLES NATIONAL BANK and the
Fiscal Agent ABN AMRO BANK NV

LaSalle National Bank, 135 South LaSalle Street, Suite 1740, Chicago, Illinois 60603, Attention: Asset-Backed Securities Trust Services, Chase Commercial Mortgage Securities Corp., Series 1996-1, telecopy number: 312-904-2084

(TRUSTEE NOTICES DEEMED TO HAVE BEEN DULY GIVEN ONLY WHEN RECEIVED)
and ABN AMRO Bank N.V., as fiscal agent, of Chase Commercial Mortgage Securities Corp.

Fiscal Agent initial Authenticating Agent:
The Chase Manhattan Bank,
450 West 33rd Street,
15th Floor,
New York, New York 10001,
Attention: Structured Finance Services (MBS), telecopy number: (212) 946-8302

Rating Agencies,
(a) Fitch Investors Services, L.P.,
One State Street Plaza,
33rd Floor, New York, New York 10004,
Attention: Commercial Mortgage Surveillance, telecopy number: (212) 635-0295, and

(b) Standard & Poor’s Ratings Services,
26 Broadway,
New York, New York 10004,
Attention: Commercial Mortgage Surveillance Group, telecopy number: (212) 412-0539

July 1, 1996, among Chase Commercial Mortgage Securities Corp. as Depositor,
The Chase Manhattan Bank as Servicer,
Lennar Partners, Inc. as Special Servicer,
ABN AMRO Bank N.V. as Fiscal Agent and
LaSalle National Bank as Trustee.
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In the Year, 1998:
What does ‘Structured Asset Securities Corp’ got to do got to do with this?

Structured Asset Sec Corp Mort Pass Thr Certs Series 1998-8
1 SEC File (as “Issuer”)
Signatory (Directors, Officers, Attorneys, Accountants, Bankers, Agents, et al.)
9 Names (Directors, Officers, Attorneys, Accountants, Bankers, Agents, et al.)
1/27/99 Aranka R.Paul, Trust Officer
12/30/99 Chase Manhattan Bank
12/30/99 Karen Dobres, Trust Officer
1/12/99 Kimberly Costa, Asistant Vice President
12/4/98 Kimberly Costa, Assistant Vice president
3/25/99 Kimberly Costa, Vice president
11/9/98 Kimberly Kosta, Vice president
1/12/99 The Chase Manhattan Bank
9/8/98 Yarledy Marin, Vice president

39 Closely Related: Chase Manhattan Bank
Signatory with 63 Registrants:

7/29/98 424B5 Structured Asset Securities Corp
formerly Structured Asset Sec Corp Series 1998-2 ]

7/30/98 12/30/99 333-47499-04 ’33 424B5 [ by Structured Asset Securities Corp ]
’34 8-K, 15-15D, 10-K, 10-K/A

“Chase Manhattan Bank”
Latest Filing: 2/17/05 as Signatory

The Chase Manhattan Bank”
Latest Filing: 9/10/04 as Signatory

PCS Holding Corp [ formerly McKesson Corp/DE ]
McKesson Corp [ formerly McKesson Hboc Inc ]
Ohio Casualty Corp 2/8/95 – 9/4/07
Brinks Co [ formerly Pittston Co ]

July 14 1996 Statement No. 33-50010, which is incorporated by reference.

On July 14, 1996, in connection with the merger of Chemical Bank and The Chase Manhattan Bank (National Association), Chemical Bank, the surviving corporation, was renamed

The Chase Manhattan Bank:

NJ Money Store Inc. 22-2293022

Guarantors Identification Number

DC Money Store/D.C. Inc. 22-2133027
KY Money Store/Kentucky Inc. 22-2459832
MN Money Store/Minnesota Inc.22-3003495
DE Money Store Auto Finance Inc. 22-3331186
DE Class Notes Inc. 22-3400682
NJ Dyna-Mark, Inc. 22-1920775
NJ Equity Insurance Agency, Inc. 22-1936537
NJ Major Brokerage Co., Inc. 22-1902811
CA Princeton Escrow 95-3427953
KY Money Store Home Equity Co 22-2522232
NJ Money Store Investment Corp 22-2293019
NY Money Store of New York Inc. 22-3143559
CA The Commerce Group 68-0103196
NJ Money Store Commercial Mortgage Inc.
22-2378261
NJ Money Store Service Corp. 22-2293016
NJ TMS Mortgage Inc. 22-3217781
DE Money Store U.K Inc. 91-1784015
CA Money Store Realty Inc. 68-0379803
DE TMS Venture Holdings, Inc. 91-1771259

Wachovia Commercial Mortgage Inc 1999-1
[ formerly Money Store Commercial Mortgage Inc ]
6/27/96 Money Store Inc/NJ
424B5 Money Store Trust 1996-B
Filing Agent: SEC CIK 950130

Money Store D C Inc
Money Store Kentucky Inc
Money Store Minnesota Inc
Money Store Home Equity Corp
TMS Mortgage Inc
Wachovia Corp New [ formerly First Union Corp ]
As: Group Member
(Non-Registrant Filer: Partner, Affiliate, etc.)
List All Filings as Group Member

Search Recent Filings (as Group Member) for
“The Chase Manhattan Bank”
“The Chase Manhattan Bank” has been a Group Member with the following 2 Registrants:
General Motors Investment Management Corp
[ formerly Promark Investment Advisors ]
J P Morgan Chase & Co
[ formerly Chase Manhattan Corp/DE ]

“The Chase Manhattan Bank” has/had a Group Member interest in 12 Registrants:

Home Properties Inc
[ formerly Home Properties of New York Inc ]
Money Store Inc/NJ

“The Chase Manhattan Bank” has been a Group Member with the following 3 Group Members:
Chase Manhattan Capital Corporation
Chase Manhattan Corp/DE
General Motors Investment Management Corp

Signatory (Director, Officer, Attorney, Accountant, Banker, Agent, etc.)
Chase Manhattan Bank” has been a Signatory for/with the following 63 Registrants:

A/I/Receivables Transfer Corp
[ formerly A I Receivables Transfer Corp ]
Abn Amro Mortgage Corp Series 2001-5
Bank of America FSB/CA
BMW Auto Leasing LLC
BMW Manufacturing LP
BMW Vehicle Lease Trust 2000-A
Caterpillar Financial Asset Trust 2004-A
Caterpillar Financial Funding Corp
Chase Bank USA/National Association [ formerly Chase Bank USA ]
Chase Credit Card Master Trust [ formerly Chemical Master Credit Card Trust I ]
Chase Issuance Trust [ formerly Bank One Issuance Trust ]
Chase Manhattan Auto Owner Trust 1997-A
Choice Hotels International Inc/DE [ formerly Choice Hotels Franchising Inc ]
Cit Marine Trust 1999-A
Daimler Benz Vehicle Receivables Corp
Daimlerchrysler Auto Trust 2000 A
Daimlerchrysler Auto Trust 2000 B
Dillard Asset Funding Co
Fidelity Mt Vernon Street Trust
Financial Services Vehicle Trust
First USA Credit Card Master Trust
Haven Bancorp Inc
Hines Horticulture Inc
Household Consumer Loan Corp
Household Consumer Loan Deposit Trust I
Household Consumer Loan Trust 1996-2
Household Consumer Loan Trust 1997-1
Household Consumer Loan Trust 1997-2
Key Consumer Acceptance Corp
Manor Care Inc/New
Money Store D C Inc
Money Store Home Equity Corp
Money Store Kentucky Inc
Money Store Minnesota Inc
National Auto Finance Co Inc
National Financial Auto Funding Trust
Navistar Financial Securities Corp
Nissan Auto Receivables Corp/DE
Premier Auto Trust 1998 4
Premier Auto Trust 1998 5
Premier Auto Trust 1999-2
SLM Education Credit Funding LLC
SLM Funding LLC [ formerly SLM Funding Corp ]
Staples Inc
Structured Asset Sec Corp Mort Pass Thr Certs Series 1998-8
Sunburst Hospitality Corp [ formerly Choice Hotels International Inc ]
Superior Wholesale Inventory Financing Trust I
Superior Wholesale Inventory Financing Trust II
TMS Mortgage Inc
Wachovia Commercial Mortgage Inc 1999-1 [ formerly Money Store Commercial Mortgage Inc ]
WFN Credit Co LLC
WFS Financial 1997-B Owner Trust
WFS Financial 1997-C Owner Trust
WFS Financial 1997-D Owner Trust
WFS Financial 1998-B Owner Trust
WFS Financial 1998-C Owner Trust
WFS Financial 1999 C Owner Trust
WFS Financial 1999-A Owner Trust
WFS Financial Auto Loans Inc [ formerly Western Financial Auto Loans Inc ]
Wholesale Auto Receivables LLC [ formerly Wholesale Auto Receivables Corp ]
Wodfi LLC
World Financial Network Credit Card Master Note Trust
World Financial Network Credit Card Master Trust

“Chase Manhattan Bank”
Latest Filing: 2/17/05 as Signatory
“Chase Manhattan Bank” has/had a Signatory interest in the following Registrant:
Haven Bancorp Inc
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In the Year 2001, 21st CenturyTwo Hundred One: Y2K Compliant virtual banking around the world.

J.P. MORGAN CHASE & CO. (1039502)
as of 12/31/2001

* J.P. MORGAN CHASE & CO. (1039502) NEW YORK NY Financial Holding Company – Domestic
848 -* J.P. MORGAN EQUITY HOLDINGS, INC. (1832132) 1 NEWARK DE Financial Holding Company – Domestic
849 –* CMC HOLDING DELAWARE INC. (1022924) 848 NEWARK DE Financial Holding Company – Domestic
850 —* CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION (489913) 849 NEWARK DE National Bank
858 —-* MARGARETTEN FINANCIAL CORPORATION (2397290) 850 EDISON NJ Domestic Entity Other
859 —–* CHASE MANHATTAN MORTGAGE CORPORATION (1612400) 858 EDISON NJ Domestic Entity Other (flows )
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1999
Chase Manhattan Bank First Union NA Bk Com Mor Tr Ser 1999-1
c/o Chemical Commerical Mortgage Securities Corp 8/20/1993
380 Madison Ave New York, NY 10017-2951
IRS-13-3728743

Renamed Chase

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