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Posts tagged "foreclosure crisis"

Barclays settles US mortgage fraud complaint for $2 billion

The British bank Barclays is just the latest big bank to settle mortgage fraud allegations with the U.S. government over its role in the subprime mortgage and subsequent foreclosure crisis. It has recently agreed to pay $2 billion in civil penalties in order to settle a 2016 federal lawsuit alleging that Barclays:

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