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Loan Modification

: Mortgage Lender Implode-o-Meter

Update: Judge Refuses to Dismiss First Magnus Suit

By Implode-Explode Heavy Industries

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U.S. Bankruptcy Court Judge James. M. Marlar has ordered attorneys to rewrite the complaint filed in a $1 billion lawsuit against former First Magnus executives. Speaking of the 200-page complaint, the Arizona Daily Star quotes Judge Marlar saying the document had "so much editorializing and excess wording that I don't think it's fair to the defendants."

Full post as published by Mortgage Lender Implode-o-Meter on April 29, 2009 (boomark / email).

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