Commercial News
7/18/2008 10:22:09 AM EST
California officials expand Countrywide lawsuit
LOS ANGELES – (AP) State officials expanded a previously filed lawsuit against Countrywide Financial Corp., adding allegations on Thursday that the mortgage lender rewarded staff for selling risky loans.
The new claims amended a lawsuit filed on June 20 by the California attorney general's office accusing Countrywide of deceiving borrowers with misleading advertisements and other unfair practices. Full version (available to lexis.com subscribers)
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