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(Image from article: "Foreclosure Fraud Price Tag: $20 Billion")

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Foreclosure Fraud Price Tag: $20 Billion

The nation's largest mortgage companies are operating on the assumption that they will have to pay as much as $20 billion to resolve claims of widespread foreclosure abuse, an amount four times what they had originally proposed, the top federal official overseeing the discussions told state officials Monday, according to people who participated in the conversation.

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