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Court: Sanctions appropriate for company that threatened to cloud title, halt foreclosure
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Court Report
Wednesday, September 30, 2015
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An investment company with a history of buying properties and delaying foreclosures for its own benefit appealed the award of sanctions to the bank that had the first lien on a property. The bank had sought to dismiss the case the investment company brought against it for violations of Texas state law. Read on to find out why the 5th U.S. Circuit Court affirmed the award of sanctions to the bank.
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