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Real Estate Briefing - Categorized | Finance, Legal, Mortgage more

States moving on smaller U.S. mortgage probe deal

Posted on 23 November 2011

States are crafting a scaled-back mortgage abuses settlement with top U.S. banks that would exclude California, one of the states hardest hit by foreclosures and falling home prices.
The smaller settlement would mean that the big banks would pay less in fines. The proposed $25 billion deal could come down by as much as a quarter without California, according to people familiar with the discussions………………………………………..Full Article: Source


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