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Mortgages

Appeals Court Backs NCUA In Rescinded Florida Real Estate Deal

NOV 7, 2012 12:52pm ET

MIAMI – A federal appeals court yesterday denied a request by Power Financial CU to order NCUA to uphold a $15 million real estate loan deal the federal regulator had agreed to, then rescinded because the borrowers did not fit within the credit union’s field of membership.

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