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Deutsche Sues BofA For $253M Over Loan Warranty Breaches

By Dean Seal (October 3, 2018, 7:20 PM EDT) -- Deutsche Bank National Trust Co. is seeking more than $253 million from Bank of America as the successor of Countrywide Home Loans Inc., saying Tuesday that the loan originator has issued hundreds of loans that breach its representations and warranties but has failed to repurchase those loans despite its contractual obligations to do so....

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