Minggu, 06 Juli 2008

Mortgage Ruling Could Shock U.S. Banking Industry

From ReutersBy Gina Keating - Analysis LOS ANGELES (Reuters) - A lawsuit filed by a Wisconsin couple against their mortgage lender could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when their lenders violate a federal lending disclosure law. The case began like hundreds of others filed since the U.S. housing boom

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