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Countrywide Faces Setback.
Pittsburgh -- A federal judge here has ruled that a bankruptcy trustee can subpoena loan documents from Countrywide Financial Corp. and interview company executives under oath as part of a widening civil case involving the lender/servicer.
Judge Thomas Agresti is overseeing a months-old case where 293 Pennsylvania homeowners sued Calabasas, Calif.-based CFC, charging that the servicer sought improper fees and payments from distressed borrowers that violated bankruptcy regulations.
In a ruling last month, the judge said it has not ...
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