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Corporate

Sep. 12, 2002

Mortgage Firm Settles With Its Borrowers for $60 Million

SANTA ANA - In the largest Federal Trade Commission action of its kind, more than 18,000 home-mortgage borrowers will receive a $60 million payday under the terms of a federally approved settlement.

Jenna Bordelon
Daily Journal Staff Writer
        SANTA ANA - In the largest Federal Trade Commission action of its kind, more than 18,000 home-mortgage borrowers will receive a $60 million payday under the terms of a federally approved settlement.
        The settlement Monday with First Alliance Mortgage Corp. of Irvine disposes of charges that ...

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