modCiti Homeowners Lose Mortgage Modification Appeal Suit


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Citigroup Inc., recently received a victory in an appeals court for a case involving homeowners allegedly not receiving the agreed-upon terms for their mortgage modifications.

In a memorandum from the U.S Court of Appeals for the Ninth Circuit, the judges declined to certify the claims made by thousands of homeowners who argued that Citigroup broke their loan modification agreements.

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