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Loan Modification

: Mortgage Lender Implode-o-Meter

Countrywide agrees to pay $600 million to settle shareholder lawsuits

By Implode-Explode Heavy Industries

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"Countrywide Financial Corp., which epitomized the home-loan industry's boom and bust, has agreed to pay $600 million in the largest settlement yet of shareholder lawsuits stemming from the mortgage meltdown."

Full post as published by Mortgage Lender Implode-o-Meter on August 03, 2010 (boomark / email).

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