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Analyst: WaMu Could Face Flood of Repurchases if First American Suit Succeeds 

Nov 02, 2007By

The lawsuit that’s got everyone buzzing in the industry — that would be NY AG Andrew Cuomo’s allegation that First American unit eAppraiseIT caved to pressure from WaMu and inflated appraisals — could have some serious repercussions for Washington Mutual should Cuomo succeed, according to a story on MarketWatch

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