Fixing flawed foreclosures could cost lenders billions

The nation’s largest lenders and mortgage servicers face bills of up to $2 billion to right flawed foreclosure procedures and comply with federal consent orders announced this week.

But industry experts said Thursday that price is easy for big banks, which may identify far fewer homeowners to reimburse than consumer advocates would like.

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fluidideas@gmail.com

fluidideas@gmail.com

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