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WaMu Faces Servicing Suit.(Washington Mutual Bank)(Brief Article)
Charging that recently acquired Bank United improperly charged late fees to mortgage servicing customers, a law firm has filed a class action suit against Washington Mutual.
The complaint, which has not been certified, alleges that defendants engaged in "deceptive, unfair and oppressive business practices" and breached mortgage loan contracts.
The complaint alleges that Bank United failed to post payments in a timely fashion and then charged borrowers ...
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