MEMORANDUM AND ORDER
LUNGSTRUM, District Judge.
This contract claim arises out of a series of business transactions between Saxon Mortgage, Inc. ("Saxon") and Mortgage Plus, Inc. ("Mortgage Plus"). Saxon alleges that Mortgage Plus breached the terms of a contract set out in a letter written by Mark Welch of Mortgage Plus to Ronald Waldron of Saxon on June 23, 1999. Saxon claims that the letter constituted an offer by Mortgage Plus to refinance or repurchase...
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