Citigroup's mortgage arm faces class action lawsuit
Citigroup's mortgage unit has been hit with a putative class action lawsuit. The RICO suit comes after allegations that the unit inappropriately allowed the inspection of the properties of people who had fallen behind on their mortgages. Citigroup then charged fees relating to those inspections, violating the Racketeer Influenced and Corrupt Organisations Act. 

By John Kennedy (July 15, 2016, 8:07 PM EDT) -- Citigroup Inc.'s mortgage unit and a contractor violated the Racketeer Influenced and Corrupt Organizations Act by inappropriately inspecting the properties of people who fell behind on their mortgages and then charging fees related to those inspections, according to a putative class action filed Thursday in Illinois federal court....

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