Sunday, January 20, 2013
Lenders will get help from taxpayers
WASHINGTON - Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeowners.
Now it turns out the deal is even sweeter for the lenders than it appears: Taxpayers will subsidize them for the money they're ponying up.
Read more: Lenders will get help from taxpayers
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