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Real Estate & Property Law

: The Home Equity Theft Reporter

Mass AG Squeezes $60M Settlement From Goldman Sachs In Connection With Subprime Mortgage Probe

By r morris

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In Boston, Massachusetts, The Boston Globe reports:More than 700 Massachusetts homeowners struggling with subprime mortgages will have their monthly payments reduced - some by as much as 35 percent - as part of a $60 million settlement Attorney General Martha Coakley reached with Goldman Sachs Group Inc.Goldman Sachs owns those homeowners' mortgages through subsidiaries and has agreed to rewrite

Full post as published by The Home Equity Theft Reporter on May 12, 2009 (boomark / email).

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