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Administration Announces $25 Billion Mortgage Settlement

Washington, DC
Thursday, February 9, 2012

Attorney General Eric Holder, HUD Secretary Shaun Donovan, Iowa Attorney General Tom Miller and other federal and state officials  announced a $25 billion dollar  settlement regarding mortgage loan servicing and foreclosure abuse. This agreement is with the five largest mortgage servicers. President Obama also comments on the settlement.

Updated: Thursday, February 9, 2012 at 6:55pm (ET)

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