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Home / Commentary / Realtors hope $25B foreclosure settlement will spark housing revival (access required)

Realtors hope $25B foreclosure settlement will spark housing revival (access required)

With the residential real estate industry shell-shocked from years of a moribund market, its spokespeople can be forgiven for taking a cautious attitude toward last week’s announcement of a $25 billion settlement with five of the nation’s biggest mortgage lenders over flawed and fraudulent foreclosure practices.

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