U.S. breaks down $9.3 bln robo-signing settlement

Posted on February 28, 2013 at 11:27 AM EST

Federal regulators broke down details of a $9.3 billion settlement with 13 banks over foreclosure abuses stemming from the so-called robo-signing scandal, a deal that government officials say is expected to help more than 3.8 million borrowers.

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