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Home » Store » News » U.S. Appeals Court Finds Lenders Not Accountable for Broker Scam

U.S. Appeals Court Finds Lenders Not Accountable for Broker Scam

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A federal appeals court in Pennsylvania has upheld a lower court ruling rejecting borrowers’ claim of lender liability for mortgage broker misconduct. In Jones v. SunTrust Mortgage, Countrywide Home Loans, et al, the U.S. Court of Appeals for the Third Circuit affirmed a district court finding that plaintiffs had failed to show that the mortgage lenders were equally...
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