BUSINESS
12/18/2010 06:37 pm ET Updated May 25, 2011

Gretchen Morgenson: Court Case Exposes 'Bag Of Mortgage Tricks'

Last week, a jury in federal district court in Reno, Nev., awarded a group of 50 mortgage investors $5.1 million in punitive damages against defendants in a loan servicing case. Although the numbers in the case aren't large, its facts are fascinating. Indeed, the case exposed some of the tricks of the servicers' trade.

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