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ROBO-SIGNING SETTLEMENT COULD BE COSTLY

February 24, 2011

NEW YORK (TheStreet) -- The Obama administration is reportedly pushing for a deal with the big banks that could lead to billions of dollars in balance reductions for homeowners who are underwater on their mortgages. The Wall Street Journal said late Wednesday that the president's proposal for a settlement related to problems with mortgage servicing calls for a commitment from the banks to trim ...



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