Replies to post #131 on TMST, Inc., 8% Senior Notes (TMA.GB)

[Enterprising Investor]

The remaining Countrywide case involves R&W issues on purchased loans.

There are several counts in the complaint. It provides a very interesting look inside the Countrywide origination business. I do not remember the exact number of loans, but the potential recovery is many millions.

I will review this evening and report back.