"Blend if" functionality in After Effects?
I'm layering text over a background paper texture and am trying to change the blending mode to make the text look like it's printed on the paper. It's very easy to achieve this effect using Photoshop's "Blend If" feature in the blending modes menu:

The effect can be very effectively fine-tuned using these sliders:

I'm wondering if there's a way to achieve this same effect in After Effects. No combination of After Effects' blending modes that I've tried yields the same result where the texture of the paper really shows through the text like that. This is the closest I can can get:

One workaround I've been using is to create the effect I want in Photoshop, import the PSD layers into After Effects and then turn on advanced blending, but this creates a whole bunch of annoying limitations, and I'd rather not have to go back into the PSDs to make formatting changes, so I'm hoping this effect can be produced completely within After Effects.
Thanks!
