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    Edmond

    Very funny pictures where to buy lasix online Investors’ breach-of-contract claims may still bring recoveries that MBS fraud litigation has not. In these suits, as you know, certificate holders in a particular trust direct the MBS trustee to demand that banks repurchase, or put back, underlying mortgages that materially breach contractual representations about loan terms. In the last two years – after Bank of America agreed to settle put-back claims by private Countrywide MBS investors for $8.5 billion – certificate holders have swamped New York state and federal dockets with put-back suits. (Many of the cases have been filed by investor groups that bought MBS specifically to assert put-back claims.)

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