Thornburg Financiers Want Dismissal on Trustee Suit

Several large Wall Street firms that played a key role in financing nonprime lenders this week asked a federal judge to dismiss a nearly $2 billion civil fraud lawsuit filed by the trustee of Thornburg Mortgage, the now defunct jumbo/super jumbo lender.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_438/thornburg-financiers-want-dismissal-1026682-1.html?CMP=OTC-RSS

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