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SunTrust to pay nearly $1 billion in mortgage settlement with feds, states
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Consumer Protection
Monday, June 23, 2014
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SunTrust Mortgage Inc. agreed to pay $968 million to settle state and federal claims related to its mortgage origination and servicing practices. The joint agreement followed an extensive investigation by the Department of Justice, Department of Housing and Urban Development, Consumer Financial Protection Bureau and state attorneys general across the country.
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