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Jul 11, 2011

Questions Swirl Over Scope Of Bank Investigation

As Government Nears Accord With Banks, Questions Swirl Over Scope Of Investigation


July 11, 2011
WASHINGTON -- State and federal prosecutors are pressing to complete a proposed settlement with the nation's five largest home loan companies over alleged mortgage abuses, even though they've only initiated a limited investigation that hasn't examined the full extent of the alleged wrongdoing, according to interviews with more than two dozen officials and others familiar with the state and federal probes.

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