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SACRAMENTO, Calif. — California Attorney General Kamala Harris said Friday that she will not agree to a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks.
The agreement was supposed to settle claims of poor mortgage and foreclosure practices, including document fraud known as “robo-signing.”
However, Harris said the pending deal is “inadequate for California homeowners” and gives bank officials too much legal immunity.
