October 7, 2015
$38 Million Foreclosure Settlement For Military Servicemembers
On October 6, 2015, Judge Paul Gardephe of the United States District Court for the Southern District of New York granted final approval of a $38 million class settlement in Rodriguez v. CitiMortgage, Inc. The settlement provides a recovery of $116,785 plus lost equity for each military servicemember whose property was foreclosed while they were on active duty military service.
In July 2011, Bu...