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Texas Justices Set Boundaries For Mortgage Restructurings

By Jess Krochtengel (May 16, 2014, 2:48 PM EDT) -- The Texas Supreme Court held Friday that constitutional requirements for new home equity loans don't apply to loan restructurings as long as the original note is not satisfied and replaced, answering certified questions from the Fifth Circuit in a suit against Carrington Mortgage Services LLC. ...

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