California Attorney General Kamala Harris said Saturday she is "doubling down" on prosecutions of predatory lending and other cases of lender misconduct in the wake of the $25 billion mortgage settlement announced last week.

A federal grand jury has indicted three Sacramento residents for alleged money laundering and wire fraud as part of a wide-ranging mortgage fraud probe.
Sacramento developer Angelo K. Tsakopoulos on Thursday blamed a lenders agent for the loan default on an office complex Tsakopoulos controls, saying the agent was unwilling to negotiate an extension on the debt.
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Distressed homeowners in the Sacramento region will get an estimated $1.2 billion over the next three years under a 49-state settlement with the nation's largest banks over foreclosure abuses.
Riverside-based Provident Financial Holdings Inc., the holding company for Provident Savings Bank, said it has hired a retail mortgage banking group to operate from three Northern California cities, including Roseville.

QUESTION: I heard in the State of the Union address that President Barack Obama has a new plan to fix the mortgage situation and help struggling Americans. I'm also having some problems with my mortgage, and my property is underwater. Is this plan going to finally save me?

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