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Servicing / The Ticker

Court in Sarasota holds a bank in contempt

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A Sarasota circuit court judge found one of the largest banks in the country in contempt of court on Friday over a foreclosure case that has dragged through the system for several years, reported Carrie Wells with the Sarasota-Herald Tribune.

Attorneys for Dimitri Jansen, a local schoolteacher whose former home in North Port is in foreclosure, said such an order, against Minneapolis-based U.S. Bank, was "unprecedented."

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