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Mortgage Servicing Settlement

On Feb. 9, 2012, the federal government and forty-nine state Attorneys General announced a $25 billion settlement agreement with five major banks, Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo, over mortgage servicing improprieties such as robo-signing loan documents. Details of the settlement and links to “help for borrowers” will be available at …Read the Rest