3rd Circ. Tosses SunTrust, Countrywide Ponzi Suit
By Christopher Norton ( May 27, 2010, 2:35 PM EDT) -- A federal appeals court has shut down a putative class action alleging SunTrust Mortgage Inc. and Countrywide Home Loans Inc. played a bit part in facilitating a mortgage loan-servicing Ponzi scheme that affected hundreds of mortgages....
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