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ResCap Taking Repurchase Fight to Courts 

Aug 13, 2008By

A division of Residential Capital, LLC has been relatively active so far this year in suing lenders that once sold it loans that it now says are fraudulent and strewn with misrepresentation; Housing Wire explored the cases after an earlier story in the Minneapolis Star Tribune had suggested that ResCap’s Residential Funding Co. was “suing brokers” for loan repurchases.

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