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Citibank, Chase Borrowers' RICO Class Actions In Jeopardy

By Beth Winegarner ( September 30, 2014, 9:50 PM EDT) -- A California federal judge on Tuesday cast doubt on a pair of proposed class actions accusing Citibank NA and JPMorgan Chase & Co. of violating the Racketeer Influenced and Corrupt Organizations Act by charging property-inspection fees to mortgage borrowers in default, saying she didn't think their inspection fee policies amounted to racketeering....

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