Government Orders Lenders to Repay Wrongfully Foreclosed Homeowners

Foreclosure reimbursement
Foreclosure reimbursement

The federal government has ordered 16 mortgage servicers and lenders to reimburse homeowners whose property was wrongfully foreclosed on. Citibank, Bank of America, JPMorgan Chase and Wells Fargo, the four largest banks in America, were among the servicers cited.

Read the full story at Daily Finance.

Originally published