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Nine Firms Sued by Federal Home Loan Bank of San Francisco

Submitted by on March 20, 2010 – 12:30 pmNo Comment

The Federal Home Loan Bank of San Francisco has filed suit against nine securities dealers – including some of the nation’s biggest lenders – alleging they made untrue statements related to the federal bank’s investments in private-label residential mortgage-backed securities.
This article originally appeared in DSNews.com. To view the original article, please click here.

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