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Judge dismisses borrower lawsuit against IndyMac (Reuters)

A customer who did not want to give his name talks to a police officer at a closed branch of IndyMac Bank in Burbank, California July 11, 2008. (Fred Prouser/Reuters)Reuters - A federal judge has dismissed a
lawsuit accusing the now-bankrupt mortgage lender IndyMac
Bancorp Inc of inflating the appraised values of
homes and misleading borrowers into paying higher closing and
financing costs.

Original post by Reuters

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