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Real Estate & Property Law

: The Home Equity Theft Reporter

Hedge Fund Operator Sues Loan Servicer To Jam Foreclosure Action On $3B Mortgage Secured By 11,000-Unit NYC Apartment Complex

By r morris

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In New York City, The Wall Street Journal reports:Hedge-fund investor David Tepper has stepped into the battle over the fate of Peter Cooper Village and Stuyvesant Town, the giant New York City apartment complex involved in one of the largest commercial-real-estate failures. Earlier this week, Mr. Tepper, who runs hedge-fund firm Appaloosa Management, filed a complaint seeking to hold up the

Full post as published by The Home Equity Theft Reporter on February 26, 2010 (boomark / email).

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