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By Kate Berry
FEB 8, 2010 12:34pm ET

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Calif. Group Sees Redlining in Data; Lenders Disagree

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A community group says minorities in California were twice as likely as whites to have a home loan application denied in 2008, raising concerns that large lenders have returned to the ...

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What the Mortgage Settlement Means to Banks
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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