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Real Estate & Property Law

: The Home Equity Theft Reporter

Citigroup Folds By Settling Suits, Coughing Up Homeowner Legal Fees Arising From Dubious Loan Document Challenges In Consumer Bankruptcy Cases

By r morris

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Bloomberg reports:Citigroup Inc., the third-largest U.S. bank, settled or lost at least five claims in 2010 brought by borrowers who accused the bank of filing fraudulent mortgage documents provided by a Texas firm.(1)In the most recent settlement in December, a bankrupt homeowner in Wappingers Falls, New York, challenged Citigroup?s use of a mortgage ?assignment,? which shows the transfer of

Full post as published by The Home Equity Theft Reporter on February 09, 2011 (boomark / email).

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