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I tried looking into this, and could not get a real explanation. It goes to show how business reporting is really bad, illiterate really. They like the headline grabbing story and dig none at all. The mall is worth more than $100. Was it a second that was foreclosed on, leaving a fat first in place?

They said it was an arranged sale. could be there were side agreements not to pursue recourse claims. A variant of the "send in the keys" settlement.

So much pertinent information missing.
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