2012-09-07 — dailyfinance.com
These lenders included Countrywide, later part of Bank of America Corp (BAC); National City, later part of PNC Financial Services Group Inc (PNC); SunTrust Banks Inc (STI); and Washington Mutual, later part of JPMorgan Chase & Co (JPM).
The appeals court found that the plaintiff may represent investors in seven offerings backed by GreenPoint or Wells Fargo loans: the two it invested in, plus five others. It said the other 10 offerings were too different to be part of the case.
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