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CIFG, Syncora Lose Appeal Of $1.8B MBS Suit In NY Court

By Bibeka Shrestha ( April 25, 2013, 6:32 PM EDT) -- A New York appeals court refused Thursday to give CIFG Assurance North America Inc. and Syncora Guarantee Inc. another go in a mortgage-backed securities suit over $1. 8 billion in loans issued by GreenPoint Mortgage Funding Inc. , upholding a ruling that their claims were blocked by an earlier order.  . . .

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