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The Boston Globe

Business

Goldman Sachs said to be part of Fed-led foreclosure deal

WASHINGTON — Goldman Sachs, Morgan Stanley, and two other banks may agree to settle claims over botched foreclosures in an accord similar to one reached with 10 other loan servicers, two people briefed on the discussions said.

The agreement, which also involves HSBC Holdings and Ally Financial, would end case-by-case reviews of foreclosures under earlier accords with the biggest mortgage servicers, said the people.

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