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Banks To Face More Suits In Wake Of Calif. Mortgage Overhaul

By Erin Coe (July 12, 2012, 11:13 PM EDT) -- California became the first state to put much of the national mortgage settlement with major banks into law on Wednesday when Gov. Jerry Brown signed off on legislation that aims to crack down on lender abuses, but the law is likely to lead to more litigation that slows the foreclosure process and may have limited benefits for homeowners, experts say....

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