Industry News

WaMu sues IndyMac

Lender seeks $50 million in damages for alleged bad loans
Published on Feb 10, 2004

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by CareyBot

Washington Mutual has sued IndyMac Bancorp for alleged breach of contract on a batch of residential loans that were originated, then sold between 1997 and 2000, according to court records. WaMu is acting on behalf of PNC Mortgage Securities, which ...

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