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Lender Tells Judge It ‘Recreated’ Letters

January 15, 2008

Lender Tells Judge It ‘Recreated’ Letters

The New York Times, January 8, 2008

The Countrywide Financial Corporation has been accused of fabricating documents relating to a bankruptcy case.

    “The documents — three letters from Countrywide addressed to the homeowner — claimed that the borrower owed the company $4,700 because of discrepancies in escrow deductions. Countrywide’s local counsel described the letters to the court as “recreated,” raising concern from the federal bankruptcy judge overseeing the case, Thomas P. Agresti.

    “These letters are a smoking gun that something is not right in Denmark,” Judge Agresti said in a Dec. 20 hearing in Pittsburgh.”

You’ll be hearing more on this soon from us, as it sounds like we have just found the latest candidate for our data integrity Wall of Shame.

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