Subprime Mortgages

Illinois To Receive $84 Million From Citigroup SettlementIt is part of a national settlement with Citigroup because of the bank's misconduct in the sale of risky mortgage-backed securities
Wells Fargo Settles With Atty. Gen. Madigan Over Subprime Lending PracticesIllinois Attorney General Lisa Madigan and the U.S. Department of Justice have reached a $175 million settlement with Wells Fargo on claims that the bank steered African-Americans and Latinos into risky subprime loans.
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