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Gov’t files $25B mortgage settlement in court

By The Associated Press
Published: March 15,2012

The government filed in federal court Monday a $25 billion settlement with the five largest mortgage lenders, putting an official stamp on the landmark agreement over alleged foreclosure abuses.


Unsettled: Who’s upset by the $25B 
foreclosure deal and why (access required)

By Scott Baughman
Published: February 16,2012

When the nation’s largest banks, including Bank of America and Wells Fargo, reached a $25 billion settlement with state attorneys general from 49 states this month, some saw it as a way to address the foreclosure crisis. But some say the most remarkable thing about the settlement might be the parts of the foreclosure crisis it ignored.