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Martha Coakley is worried about the deal’s benefits for Massachusetts homeowners. (Associated Press file) |
Mass. considering foreclosure settlement
May join states seeking loan cuts from 5 top banks
Globe Staff And Wire Services
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February 7, 2012
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WASHINGTON - Massachusetts, California, and New York were considering yesterday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 million households.
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