Tuesday, November 15, 2011

Mass. pressed to reject 50-state foreclosure deal

Massachusetts housing advocates and victims of the housing crisis are pressing Attorney General Martha Coakley to reject a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks.

Critics of the resolution are scheduled to gather at the Statehouse in Boston on Tuesday to rally against a reported $20-billion settlement they say amounts to "a slap on the wrist" for financial institutions whose practices fueled the economic crisis.

Read the rest of the article at the Boston Herald

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