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First Catholic Federal Credit Union filed a lawsuit in against CUSO Mortgage Inc., according to court documents. First Catholic seeks to void a 2 percent being charged by CUSO to transfer its servicing portfolio to another servicer. A class action was filed against Sterling Savings Bank and parent Sterling Financial Corp. by employees who invested in the company’s 401(k) Plan. ECC Capital Corp. filed a lawsuit against the two law firms that it engaged to draft a 2007 agreement in which it sold its origination business. ECC claims the firms should have drafted a document that releived it of repurchase liabilities.
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