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February 28, 2013 | Servicing 0 minute read

Fed: $8.5 billion foreclosure settlement grows larger

News > Servicing

What was originally thought to be an $8.5 billion settlement made between prudential regulators and 10 mortgage servicing companies has now morphed into a $9.3 billion settlement with 13 mortgage servicers.

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()Aurora()Bank of America (BAC)()Citibank (C)()JPMorgan Chase (JPM)()MetLife Bank (MET)()PNC (PNC)()Sovereign (SOV)()SunTrust (STI)()U.S. Bank (USB) ()Wells Fargo (WFC).

()Goldman Sachs (GS)()HSBC (HBC) and Morgan Stanley (MS) to the settlement.

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()Office of the Comptroller of the Currency()Board of Governors()

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Megan Hopkins is a Reporter for HousingWire. She has worked as a reporter and copyeditor for publications such as the Baylor Lariat, Focus Magazine, WACOAN Magazine and AVID Golfer.see full bio
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