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Lender Processing paying $121M to resolve claims

By Marcy Gordon
Published
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One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states’ claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

The settlement agreements between Lender Processing Services Inc., based in Jacksonville, Fla., and 46 states and the District of Columbia were announced Thursday.

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