Tennessee company sues Lehman unit alleging breach of rate-lock pact
Story date: 2007-10-10 11:33:00
Added on: 2007-10-10 18:00:20
CNBC - As part of the rate-lock agreement, the Lehman bank was authorized to enter into hedging arrangements to offset any losses it might incur in locking the interest rate _ but only in the event that a customer failed to close the loan according to the ...
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