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By Matthew Monks
MAY 14, 2010 9:47pm ET

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It's a good thing for Joseph Ficalora that New York Community Bancorp tops a list of the most reputable banks in America. The CEO of the Westbury lender has been telling ...

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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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