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Wednesday, September 5, 2012

U.S. Banks Provide Over $10 Billion in Loan “Aid” Under Settlement | Foreclosure Fraud - Fighting Foreclosure Fraud by Sharing the Knowledge

Most of that aid, $8.7 billion, came in the form of short sales, according to the report from the Office of Mortgage Settlement Oversight. Lenders including Bank of America Corp., JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC), also forgave $749.4 million in mortgage debt.

U.S. Banks Provide Over $10 Billion in Loan “Aid” Under Settlement | Foreclosure Fraud - Fighting Foreclosure Fraud by Sharing the Knowledge

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