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Lehman Faulty-Mortgage Suit Must Wait, FDIC Says

By Ryan Boysen (September 21, 2017, 6:36 PM EDT) -- The Federal Deposit Insurance Corp. asked a New York bankruptcy court Thursday to hit the snooze button on a suit filed by Lehman Brothers against Guaranty Bank over the sale of shoddy mortgages, saying Lehman must go through an administrative claims process first....

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