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Platinum Names an Expansion Head

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Platinum Home Mortgage of Rolling Meadows, Ill., said Monday that it has promoted Don Grudzinski to senior executive vice president for its Midwest expansion division.

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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
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