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MASSACHUSETTS CALIFORNIA AND NEW YORK CONSIDERING JOINING SETTLEMENT WITH BANKS

February 7, 2012

Massachusetts, California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 million households. State attorneys general have set a deadline of the end of Monday for states to join the settlement. Homeowners in states ...



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