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NJ mortgage company to pay $45 million in multi-state settlement

A mortgage company that improperly serviced loans for four years will pay New Jersey borrowers nearly three-quarters of a million dollars, under a settlement announced by Attorney General Christopher Porrino. PHH Mortgage Corporation has entered a $45 million settlement with 45 states and the District of Columbia. Borrowers who were subjected to PHH foreclosures during the eligible period will qualify for at least $840, and those who faced foreclosures that PHH initiated during the eligible
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Texas men sentenced in trafficking of $230,000 worth of cocaine to Atlantic City

Two Texas men caught bringing five kilograms of cocaine into Atlantic City were sentenced to prison Friday. Esiquio Salgado, 34, was sentenced to 12 years in state prison, with five years of parole ineligibility. Cristano Ramirez, 31, received a 10-year term, with three years without parole. Both men pleaded guilty in June to first-degree possession of cocaine with intent to distribute. Salgado and Ramirez were arrested in October, after an investigation by the Atlantic City
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