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Andrew Bon Salle recently served as chairman of the board of directors of Home Point Capital Inc.
The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"
Claims breaches of contract; seeking more than $4.6 million in restitution.
Places negative rating on proposed sale of wholesale origination assets to The Loan Store.
Company says it is 'winding down' originations and will focus on mortgage servicing.
Reports $163.7M loss for the full year.