$8.5 Billion Foreclosure Fraud Settlement
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$8.5 Billion Foreclosure Fraud Settlement

Ten banks will pay a collective $8.5 billion to 3.8 million borrowers, reports CNBC's Diana Olick. Bill Frezza, Competitive Enterprise Institute, and CNBC's Steve Liesman, weigh in.
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Mon, Jan 7 20132:15 PM EST