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Home / Opinion Digests / Criminal Law / Successor Bank Wins Restitution for Loan Lie (access required)

Successor Bank Wins Restitution for Loan Lie (access required)

A defendant convicted of making a false statement in 2005 on a HUD-1 form about a $1.1 million cash payment he was making to obtain a real estate loan from Countrywide Bank must pay restitution for the loan balance remaining when a successor bank, Bank of America, sold the property in 2015, says the 4th ...