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Countrywide Suit Expanded

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Waiting for the "Enron"-like documentary on this entire debacle. After filing an initial lawsuit against mortgage company Countrywide, state officials yesterday expanded that suit; now, details are coming out that were originally kept confidential. "In one example cited in the suit, Countrywide offered a mortgage in February 2005 to an 85-year-old disabled veteran, even though the applicant had a low credit score and too much debt to qualify for the loan. The loan was in default within six months." [LA Times]