First American Can't Cut Losses In $4.5M WaMu Title Row

By Megan Stride ( October 27, 2011, 7:12 PM EDT) -- First American Title Insurance Co. lost a bid in Michigan federal court Wednesday to minimize damages it owes the Federal Deposit Insurance Corp. as receiver for Washington Mutual Bank, in a suit holding First American liable for a sham mortgage that cost WaMu $4.5 million....

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