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In the same manner, the new informative allegations underpinning Ambac’s purchase-height breaches are identical because men and women to your financing-top breaches

Including close any breaches of one’s representations and you will warranties, the repurchase process ‘s the just recourse concerning one faulty mortgage – no matter whether you to defect was a violation from “loan-level” representations built to traders Its well-settled one to “process of law…