RMBS Case Against Countrywide Dismissed

29 Sep 2010

A federal judge in New York has dismissed a lawsuit against Countrywide Financial charging that it misled investors about the risk level in its residential mortgage-backed securities.

A federal judge in New York has dismissed a lawsuit against Countrywide Financial charging that it misled investors about the risk level in its residential mortgage-backed securities. U.S. District Judge Kevin Castel of the U.S. District Court for the Southern District of New York said the ...

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