CRE Borrowers Sue BofA

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MORTGAGE EXPERT
10 · 18 · 11

Borrowers represented by Charlotte, N.C., developer American Asset Corp. have sued Bank of America for breach of loan agreement, saying the bank wrongly stopped funding loans and reneged on promises to do modifications, leaving it unable to pay brokers.

This wire news service story is no longer available.

However a copy might still be available at www.charlotteobserver.com

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Mortgage Daily Staff

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