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8th Circ. Revives Countrywide Loan Fee Action

By Dan Rivoli ( July 28, 2011, 5:35 PM EDT) -- The Eighth Circuit on Thursday found that paying interest on a mortgage's extra, unauthorized fees that were eventually returned constituted a financial loss and gave standing to a Missouri couple to bring a class action against Countrywide Financial Corp. 's home loan unit. . . .

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