DEL MAR, Calif. - American Residential Investment Trust Inc. filed a lawsuit Wednesday in which it accused Lehman Capital, a division of Lehman Brothers Holdings, Inc., of violating the terms of an agreement to sell American Residential a pool of residential mortgage loans in late 1997 and early 1998.

The lawsuit, filed in California Superior Court in San Diego, also names Long Beach Mortgage Co., now a unit of Washington Mutual Inc., as a defendant. Lehman Capital had acquired the loans from Long Beach.

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