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 Judge denies summary judgment in breach of contract case
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Court Report
Wednesday, May 16, 2012
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After it was discovered that a closing agent failed to pay off prior mortgages when conducting several refinance transactions, the lender went to the underwriter to make it whole. When the underwriter denied the claim, the lender sued for breach of contract, among other things. Read on to find out what the U.S. District Court for the Northern District of Illinois had to say when the case went before it on the underwriter’s motion for summary judgment.
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