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California AG: Mortgage settlement ‘inadequate’

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California AG: Mortgage settlement ‘inadequate’

From Alejandro Lazo at the LA Times: California calls -billion mortgage settlement ‘inadequate’ Calif. Atty. Gen. Kamala D. Harris’ office has called a proposed -billion settlement with the nation’s mortgage industry “inadequate.” “We’ve reviewed the details of the latest settlement proposal from the banks, and we believe it is inadequate for California,” Shum Preston,...
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