The Home Equity Theft Reporter: Central Florida $13M Home Improvement & Mortgage Fraud Scam Yields Another Guilty Plea

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The Home Equity Theft Reporter: Central Florida $13M Home Improvement & Mortgage Fraud Scam Yields Another Guilty Plea In a three-paragraph statement, the Federal Reserve said CitiFinancial was required to pay restitution to some subprime and home mortgage borrowers. citigroup said the civil money penalty and restitution amounts would have "no material" impact on the second quarter earnings of its consumer group.

Home Depot Inc., the biggest home improvement retailer in the U.S., will get rid of 7,000 jobs, and General Motors Corp. said it will cut 2,000 jobs at plants in Michigan and Ohio due to slow sales. Caterpillar Inc., the world’s largest maker of mining and construction equipment, announced 5,000 new layoffs on top of several earlier actions.

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Posted by Home Equity Theft Reporter at 12:03 AM 0 comments Links to this post Lack Of Proper Notice A Problem In Foreclosure Sales Of Property Over Delinquent Real Estate Taxes? A 2007 article appearing in The Florida Bar Journal addresses the problem of lack of proper notice to a homeowner in the context of a foreclosure for failure to pay.