Top Los Angeles Stories
American Residential to Enter Arbitration
By Peter LandauLONG BEACH, CA-American Residential Investment Trust has entered into an arbitration agreement with Long Beach Mortgage Company (LBMC). On Jan. 4, 2001, the company had filed a lawsuit, seeking to recover damages arising from its purchase of a pool of residential mortgages from Lehman Capital, a Division of Lehman Brothers Holdings.
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