Nearly 72,000 Californians have had their mortgages reduced or forgiven under terms of a multi-state mortgage settlement with six major banks, according to a report Thursday from the state appointee monitoring the banks' compliance.
About 41 percent of the relief so far has gone to Californians, she said.
"We think that's the result of two things -- a
California Attorney General Kamala Harris held out for a special "
The three banks committed to $12 billion in principal reductions and the appointment of a monitor. "The banks that participated in the
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