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The Boston Globe

Business

7,350 in Mass. get $510m in mortgage aid

Massachusetts mortgage borrowers received about $510 million in mortgage help last year as part of a multistate settlement with five major US banks, according to a report released Thursday.

The Office of Mortgage Settlement Oversight said 7,350 borrowers here got $69,456 each in mortgage assistance, on average, between March 1 and Dec. 31. The North Carolina-based office is charged with monitoring the accord reached between lenders and state attorneys­ general.

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