California Attorney General Kamala Harris, who dropped out last week from talks aimed at wringing a huge settlement from banks accused of foreclosure abuses, remains open to a deal if it involves “a stronger proposal” from lenders, according to a person familiar with the situation. U.S. and state officials held daylong meetings Tuesday and Wednesday, trying to forge a deal with Ally Financial Inc., Bank of America Corp., Citigroup Inc., J.P. Morgan Chase & Co. and Wells Fargo & Co. In return for a settlement, those companies would get some protection from legal claims tied to their foreclosure practices.
Foreclosure talks move forward
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