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Sunday, June 16, 2024 | Back issues
Courthouse News Service Courthouse News Service

Connecticut Goes After Countrywide

HARTFORD (CN) - The State of Connecticut demands civil penalties from Countrywide Home Loans for misrepresenting the terms of unfair adjustable-rate mortgages it sold to consumers. The state demands $100,000 for each violation of banking laws, $5,000 for each violation of business laws, restitution, an injunction and other relief.

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