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Puerto Rican Mortgage Lenders Settle With U.S. Regulators

By Catherine Fredenburgh ( March 17, 2006, 12:00 AM EST) -- In the latest development in a scandal that has swept Puerto Rico's financial scene, three of the country's biggest mortgage lenders have agreed to cooperate with U.S. regulators in an investigation into the companies' accounting practices and improper valuation of "strip" securities....

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