Miami Beach Hotel Says Loan Servicers Cost It $899M
By Carolina Bolado ( October 28, 2011, 11:09 PM EDT) -- Hotel owner Philips South Beach LLC on Thursday sued Wells Fargo Bank NA and Midland Loan Services Inc. for $899 million for allegedly improperly servicing a mortgage on a Miami Beach hotel and disclosing confidential financial information to the hotel's competitor....
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