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CitiMortgage paying borrowers $12,000 after a short sale
CitiMortgage paying borrowers $12,000 after a short sale
CitiMortgage, the mortgage servicing arm of Citigroup (C: 37.63 -0.97%) is paying borrowers an average $12,000 after completing a short sale this year alone. Justin Rand, the senior vice president of loss mitigation at the bank, said servicers are putting more...
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