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FDIC Being Sued by Beal Bank For Improper Loan Sale
Read the full article: http://www.money-rx.com/blog/2008/07/fdic-facing-lawsuit-for...
The FDIC is facing an estimated $70 million lawsuit filed by Plano, Texas based Beal Bank SSB, for selling it a portfolio of loans, many of which Beal Bank claims were made improperly.
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