Today is Sunday, 17th November 2024

Countrywide Settles with 11 States

From cbs2chicago.com:

Illinois Attorney General Lisa Madigan on Monday announced an $8.7 billion settlement in a predatory lending lawsuit her office filed against mortgage lender Countrywide.

Madigan and California Attorney General Jerry Brown led the national settlement, in which nine other states also joined, according to a news release from Madigan’s office.

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