03/01/2013 12:19:06 PM EST
Calif. Appeals Court OKs Dismissal Of Countrywide Fraud Suit
Posted by
Law360: Commercial Contracts
A California state appeals court on Thursday upheld the decertification and dismissal of a class action accusing Countrywide Home Loans, Inc. of financial code violations and fraud over its failure to explain appraisal costs related to loan refinancing, saying the named plaintiff had failed to prove his claims.
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