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Settlements Underscore Damage Done In Housing Crash

Jan 8, 2013 (Morning Edition) — Some of the biggest banks in the country have agreed to pay more than $18 billion to settle allegations of wrongdoing in their mortgage lending. And in a separate settlement, 10 banks agreed to pay more than $8 billion to settle claims they made errors in foreclosing on people's homes.

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Reported by

Jim Zarroli

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