The headlines, press conferences and presidential praise that accompanied the February announcement of a $25 billion legal settlement over egregious foreclosure practices have long since subsided.
But for one veteran banking regulator in a newly leased, 18th-floor office in downtown Raleigh, N.C., the work is only beginning. He recently resigned as North Carolina's banking commissioner to become the "monitor" overseeing the landmark agreement between government officials and five of the nation's largest banks.
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