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Florida Attorney General Sues Countrywide

Submitted: Jul 1, 2008 - Florida Attorney General Bill McCollum's office said today it has filed a lawsuit against Countrywide Financial for engaging in "deceptive and unfair trade practices." The suit says Countrywide, one of the nation's largest mortgage companies, knowingly put Florida borrowers into mortgages they couldn't afford or into loans with rates and penalties that were "misleading."

» Full Story on The Tampa Tribune