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Real Estate & Property Law

: The Home Equity Theft Reporter

Mortgage Investors Suit Claiming Citi Doomed Foreclosure Attempt By Failing To Deliver Note To Go To Trial

By r morris

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Reuters reports:CitiFinancial Mortgage must defend a lawsuit over problems with loan documents, a federal appeals court ruled, in a widening controversy over the quality of legal filings in U.S. foreclosure proceedings.***In the case decided by the 7th Circuit U.S. Court of Appeals this week, two investors purchased an Illinois mortgage from CitiFinancial for $140,000 in 2001. But the company

Full post as published by The Home Equity Theft Reporter on October 09, 2010 (boomark / email).

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