Citi Mortgage

Published on: September 5th, 2017



Citi Mortgage settles allegations of defrauding veterans

Wilbanks & Gouinlock filed this lawsuit of behalf of clients who had inside knowledge as to illegal lending practices at Citi Mortgage. They provided proof that military veterans were treated improperly and the Government was defrauded as a result of the failure of Citi Mortgage to adhere to the rules and regulations applicable to banks that are making refinance loans to military veterans. Wilbanks & Gouinlock settled the suit for $7.5 million. Thousands of veterans were alerted to these illegal practices once the facts of these mortgage fraud cases became public knowledge.