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Jerry Brown Going After State's Predatory Lenders

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The state's attorney general, former "Governor Moonbeam" Jerry Brown, is suing six mortgage lenders who used "intimidation or fraud" to force refinance-seeking buyers into even more unaffordable loans—and ultimately caused the loss of many homes. Brown is seeking $20 million from the bad guys. The six lenders have all been shut down and people connected with one of them, Lifetime Financial, were arrested today on charges including conspiracy, grand theft, forgery, and elder abuse. The lesson here: don't fuck with Jerry Brown. [The Guardian]