Judge OKs $3.1M Impac MBS Settlement With Citibank
By Ciaran McEvoy ( January 24, 2013, 8:55 PM EST) -- A California federal judge Thursday approved Impac Funding Corp.'s $3.1 million settlement with Citigroup Global Markets Inc. over allegations Impac violated the Securities Exchange Act by selling mortgage-backed securities based on false statements in mortgage documents....
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