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In a decision that could bring an end to a mini-wave of litigation against mortgage insurance companies, a federal judge in Texas has dismissed a class action suit filed by home buyers that said an insurer was effectively paying "kickbacks" to their mortgage banks. U.S. District Judge T. John Ward found the plaintiffs lacked standing since they conceded they suffered no actual injury.
September 17, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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