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Reuters: Investors sue Countrywide to force loans purchase

Started by chris, December 01, 2008, 10:04:45 PM

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chris

Investors sue Countrywide to force loans purchase
      


NEW YORK (Reuters) - A group of bond investors on Monday sued Bank of America -owned Countrywide Financial demanding that Countrywide buy every mortgage loan for which it agrees to reduce the payments under a predatory lending settlement agreement.<div class="feedflare">
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